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EGA, TAQA, Dubal Holding and EWEC conceive an initiative to develop solar power generation capacity and decarbonise aluminium production
14 MAR 20224MINS

EGA, TAQA, Dubal Holding and EWEC conceive an initiative to develop solar power generation capacity and decarbonise aluminium production

According to a report on Friday, March 11, four major players in the Middle East from the aluminium and energy sector announced a joint initiative that would unlock significant development of solar power generation capacity in Abu Dhabi, progress power asset and generation optimisation, and...

Qamco abides to focus on its five-year strategic plan for strengthening market position
03 MAR 20223MINS

Qamco abides to focus on its five-year strategic plan for strengthening market position

On 2 nd March 2022, the Doha headquartered Qatar Aluminium Manufacturing Company (Qamco) said that it is abided to focus on its five-year strategic plan to compel its joint venture (JV) to brace the market position. However, its funding strategy will not only vitalize shareholder value creation but...

Alumina production in Africa & Asia (ex-China) edges a fall of 1.46% M-o-M to 1.149 MT during January 2022
02 MAR 20221MINS

Alumina production in Africa & Asia (ex-China) edges a fall of 1.46% M-o-M to 1.149 MT during January 2022

In January 2022, alumina production in Africa & Asia (ex-China) stood at 1.149 million tonnes, reflecting a month-on-month downfall of 1.46 per cent, found the International Aluminium Institute. In December 2021, the output was at 1.166 million tonnes in Africa & Asia (ex-China), up by 4.68 per...

Emirates Environmental Group’s 26th Can Collection drive gathers 6,294 kg aluminium cans
02 MAR 20223MINS

Emirates Environmental Group’s 26th Can Collection drive gathers 6,294 kg aluminium cans

The Emirates Environmental Group (EEG), a non-governmental organisation devoted to protecting the environment announced that their 26th ‘Can Collection Day,’ campaign participants had successfully collected 6,294kg of aluminium cans for recycling. The slogan for this year’s campaign was ‘Cancel the...

GCC’s largest aluminium producer ‘Emirates Global Aluminium’ books record profit of $1.5 billion for 2021
28 FEB 20223MINS

GCC’s largest aluminium producer ‘Emirates Global Aluminium’ books record profit of $1.5 billion for 2021

The largest primary aluminium in the GCC region and the biggest non-oil industrial entity of UAE, Emirates Global Aluminium (EGA) booked a record whopping 1,140% rise in net profits for 2021 to $1.5 billion. The company earning depicts a bulls-eye of sharp turn following the disruptions rooted in...

Africa’s primary aluminium production records a rise of 4.5% YoY to 139,000 tonnes in January 2022
25 FEB 20221MINS

Africa’s primary aluminium production records a rise of 4.5% YoY to 139,000 tonnes in January 2022

In January 2022, primary aluminium production in Africa stood at 139,000 tonnes, gaining only 1,000 tonnes month-on-month, found the International Aluminium Institute. In December 2021, primary aluminium production in Africa grew by 7,000 tonnes or 5.34 per cent on month from 131,000 tonnes. In...

World primary aluminium production in January 2022 reflects 4.45% decline YoY to 5.513 million tonnes: IAI
24 FEB 20222MINS

World primary aluminium production in January 2022 reflects 4.45% decline YoY to 5.513 million tonnes: IAI

According to the International Aluminium Institute data, world primary aluminium production in January 2022 stood at 5.513 million tonnes, 0.36 per cent less than 5.533 million tonnes a month ago. However, the output in December was 2.10 per cent higher month-on-month from 5.419 million tonnes. On...

Cameroon’s National Mining Company Sonamines inks MoU with CREC5 to develop the bauxite deposits in Ngaoundal and Makan
22 FEB 20222MINS

Cameroon’s National Mining Company Sonamines inks MoU with CREC5 to develop the bauxite deposits in Ngaoundal and Makan

On 18 th February 2022, the national mining company of Cameroon, Sonamines through its Director-General Serge Boyogueno, signed a memorandum of understanding with China Railways No. 5 Engineering Group Co. (CREC 5), a subsidiary of China Railways Group Ltd., to support Sonamines in the development...

Iran’s aluminium ingot output in ten-month grows 24% to 453,436t; aims to produce 1.5 MT annually in next 4 years
17 FEB 20222MINS

Iran’s aluminium ingot output in ten-month grows 24% to 453,436t; aims to produce 1.5 MT annually in next 4 years

Aluminium ingot production in Iran rose 24 per cent during the first ten months of the current Iranian calendar year (March 21, 2021-January 20, 2022) to come in at 453,436 tonnes versus 364,783 tonnes during the same period last year. As was announced earlier by Iranian Mines and Mining Industries...

Kenya’s import of aluminium bar rods & profiles during 2019-21 demonstrates creeping movement; 0.40% minimal growth estimated for 2022
14 FEB 20221MINS

Kenya’s import of aluminium bar rods & profiles during 2019-21 demonstrates creeping movement; 0.40% minimal growth estimated for 2022

The Governor of the Central Bank of Kenya, Patrick Njoroge during the end months of 2021stated that the economy is anticipated to grow by 6.4% in 2021 and 6.0% for 2022. East Africa’s biggest economy has manifested resilience to the Covid shock, with output in the first half of the year rising...

Alba combats COVID crisis with strongest financial performance in its 5 decades: Profit soars to BD451.9M with sales’ volume 1,550,857t
11 FEB 20223MINS

Alba combats COVID crisis with strongest financial performance in its 5 decades: Profit soars to BD451.9M with sales’ volume 1,550,857t

Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter outside China, has reportedly launched its four-quarter and full-year 2021 financial results, whereby it has declared a profit of BD181.2 million (US$481.9 million) for 4Q2021. That was an increase of 466 per cent from a profit...

EGA plans to build aluminium recycling facility with 150,000 tonnes per year capacity
09 FEB 20222MINS

EGA plans to build aluminium recycling facility with 150,000 tonnes per year capacity

Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, announced its plan to build an aluminium recycling facility with 150,000 tonnes per year of capacity, the company’s first and the largest in the UAE. EGA has already started conducting...

Crown Holdings to increase worldwide recycling rates for aluminium beverage cans
08 FEB 20224MINS

Crown Holdings to increase worldwide recycling rates for aluminium beverage cans

Crown Holdings, Inc. (NYSE: CCK) (Crown) has announced its commitment to engage with industry partners to reach ambitious new worldwide recycling rate goals for aluminium beverage cans, in line with its Twentyby30 programme which aims to promote the circular economy. The objectives, which are...

US aluminium crude metals and alloys import from Bahrain ascends 484.13% Y-o-Y in November 2021
08 FEB 20221MINS

US aluminium crude metals and alloys import from Bahrain ascends 484.13% Y-o-Y in November 2021

According to the US Geological Survey (USGS), the United States imported 24,300 tonnes of US aluminium crude metals and alloys from Bahrain in November, showing a month-on-month surge of 7,100 per tonne or by 41.27%. In October 2021, 17,200 tonnes of US aluminium crude metals and alloys were...

Bahrain’s industrial giants Alba, Bapco join forces to foster green and sustainable industrial development
07 FEB 20223MINS

Bahrain’s industrial giants Alba, Bapco join forces to foster green and sustainable industrial development

On 6 th February 2022, the Gulf state Bahrain’s duo industrial giants Aluminium Bahrain B.S.C. (Alba) and Bahrain Petroleum Company (Bapco) in the first-of-its-kind initiative, have signed a Memorandum of Understanding (MoU) towards joining of forces to share knowledge and collaborate on...

Downstream products weekly recap: Almin Metal Industries in Zimbabwe all set for further expansion; Matalco Inc. acquires aluminium billet manufacturer Ohio Valley Aluminum Co. LLC
05 FEB 20225MINS

Downstream products weekly recap: Almin Metal Industries in Zimbabwe all set for further expansion; Matalco Inc. acquires aluminium billet manufacturer Ohio Valley Aluminum Co. LLC

The downstream segment of the global aluminium sector is still witnessing acquisitions and expansions, which started eventfully from the later part of the previous year. This happening ensures that the global manufacturing industry is countering and gradually recovering the dent created by the...

Qamco reports a nine-fold leap in net profit for 2021
05 FEB 20222MINS

Qamco reports a nine-fold leap in net profit for 2021

The Doha based highly profitable producer of aluminium, Qatar Aluminium Manufacturing Company (Qamco) has booked an almost nine-fold year-on-year leap in net profit to QR835 million in 2021, rendering into earnings-per-share (EPS) of QR0.15. Qamco board has recommended a total annual dividend...

Almin Metal Industries in Zimbabwe all set for further expansion
01 FEB 20222MINS

Almin Metal Industries in Zimbabwe all set for further expansion

The Harare, headquartered Zimbabwean manufacturing company, Almin Metal Industries Limited is all set to open three new branches in March 2022 as part of its drive for business expansion. In 1969, Almin Metal Industries was founded, while the company is in the business of manufacturing and supply...