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President of Ghana lays foundation stone for metal casting factory, largely for manufacturing aluminium cast products
02 SEPT 20203MINS

President of Ghana lays foundation stone for metal casting factory, largely for manufacturing aluminium cast products

The President of Ghana, Nana Akufo-Addo on 31st August’20 laid the foundation stone for the construction of Foundry and Computer Numerical Control (CNC) Machine Tooling Centre at the Ghana Atomic Energy Commission (GAEC) in Accra. The factory will manufacture tools, spare parts, bolts and nuts and...

Sohar Aluminium records a new level of hot metal production at 390,516 tonnes in 2019
01 SEPT 20202MINS

Sohar Aluminium records a new level of hot metal production at 390,516 tonnes in 2019

Sohar Aluminium achieved a record hot metal production of 390,516 tonnes in 2019, underscoring its ambition to become the benchmark smelter in the Middle East. This production milestone came on the 10 th anniversary of Sohar operations, jointly owned by the Omani government (40 per cent)...

Iranian vessel spotted with 14,000 tonnes of alumina cargo in Venezuela, destination unknown: Sources
28 AUG 20202MINS

Iranian vessel spotted with 14,000 tonnes of alumina cargo in Venezuela, destination unknown: Sources

An Iranian-flagged vessel loaded a cargo of 14,000 tonnes of alumina in Venezuela this month after delivering supplies for an Iranian supermarket in the South American nation, said three sources familiar with the matter. However, the customer of the cargo or the destination is still unknown....

Aluminium bodied AHRLAC aircraft from South Africa is all set to fly again
28 AUG 20203MINS

Aluminium bodied AHRLAC aircraft from South Africa is all set to fly again

South Africa’s first aircraft since the Apartheid era, AHRLAC, is back in production and ready for deliveries after a separation between the programme’s two shareholders threatened its future last year. Paramount, the South African defence group, which almost a decade ago invested in the...

Aluminium Company of Egypt “Egyptalum” to report $62.5 million net losses in FY 2020, higher production cost remains the cause
27 AUG 20201MINS

Aluminium Company of Egypt “Egyptalum” to report $62.5 million net losses in FY 2020, higher production cost remains the cause

Aluminium Company of Egypt “Egyptalum” is expecting to report EGP 993.773 million in net losses during fiscal year (FY) 2019/20, compared to the EGP 870.927million net profit in FY 2018/19. On 25 th August’20, the aluminium company reported in a statement to the Egyptian Exchange (EGX), where the...

Africa’s primary aluminium output declines 2.4% YoY in January-July
21 AUG 20201MINS

Africa’s primary aluminium output declines 2.4% YoY in January-July

Africa produced 133,000 tonnes of primary aluminium in July 2020. The output registered a decrease of 2.92% from 137,000 tonnes in July 2019. The output reduced by 4.32% from May 2020’s production of 139,000 tonnes but up 2.31% from June 2020’s production of 130,000 tonnes, according to the latest...

Cameroonian Aluminium Company Alucam absorbs aluminium finished products firm Socatral
20 AUG 20203MINS

Cameroonian Aluminium Company Alucam absorbs aluminium finished products firm Socatral

The Cameroonian Aluminum Company Alucam and the Cameroonian aluminium finished products firm Socatral will no longer be two separate organizations. The two entities have decided to merge. During the exceptional general meeting which was held on 30 th June’20, the shareholders of the two companies...

World primary aluminium production marginally higher at 5.452 million tonnes in July 2020
20 AUG 20201MINS

World primary aluminium production marginally higher at 5.452 million tonnes in July 2020

Global primary aluminium production stood at 5.452 million tonnes in July, an increase of 0.63% from 5.418 million tonnes in July 2019, according to the latest data showed by the International Aluminium Institute (IAI) on Thursday, 20 August 2020. On a month-on-month comparison, the output...

Power storage in recycled aluminium inventor Azelio ties up with ALEC Energy to build renewable energy storage site in Masdar city
18 AUG 20202MINS

Power storage in recycled aluminium inventor Azelio ties up with ALEC Energy to build renewable energy storage site in Masdar city

Azelio, a public Swedish company specialising in thermal energy storage with dispatchable power invented a revolutionary technology for its unique capability to produce electricity and heat from the storage on-demand at all hours of the day, as the system stores energy in recycled aluminium will...

Bahrain’s crude metals and alloys exports down 40% YoY in Jan-May; Exports up 90% MoM in May
18 AUG 20201MINS

Bahrain’s crude metals and alloys exports down 40% YoY in Jan-May; Exports up 90% MoM in May

Bahrain exported 38,300 tonnes of crude metals and alloys to the US in the first five months of 2020, from 63,500 tonnes exported in the first five months of 2019. This records a decrease of 40% or 25,200 tonnes year-on-year, according to the latest Mineral Industry Survey report from US Geological...

Despite “Corona” crisis: Ducab Group succeeds to maintain profitability for H1’ 2020
12 AUG 20202MINS

Despite “Corona” crisis: Ducab Group succeeds to maintain profitability for H1’ 2020

Ducab Group, UAE’s one of the leading industrial manufacturing house, has declared gross profitability for H1 of 2020. The company has succeeded to maintain as compared to the same period of the previous year, due to the pliability of its diversified cables and metals business with all...

Aluminium Bahrain supports Bahrain's COVID-19 mitigation efforts
10 AUG 20202MINS

Aluminium Bahrain supports Bahrain's COVID-19 mitigation efforts

Aluminium Bahrain (Alba) supports Bahrain's COVID-19 mitigation efforts, developing and fostering its community engagement initiatives. It covers support to the ‘Convalescent Plasma Donation Programme’ at the BDF Royal Medical Services (BDFRMS), led by Major General (Prof) Shaikh Khalid bin Ali...

Azizi Developments to infuse AED 3.5 Billion in Dubai construction projects, affirms to use locally sourced aluminium
05 AUG 20202MINS

Azizi Developments to infuse AED 3.5 Billion in Dubai construction projects, affirms to use locally sourced aluminium

Azizi Development based in UAE has announced its plans to infuse over AED 3.5 billion ($953 million) in the construction of 45 buildings covering Dubai over the next two to three years. The project incorporates developing 14 and 22 buildings in Riviera Phase 3 and 4 respectively, its three Avenue...

US inflates sanctions on Iran related to metals for weapons program, 10 are in the form of aluminium
31 JUL 20202MINS

US inflates sanctions on Iran related to metals for weapons program, 10 are in the form of aluminium

The US Secretary of State Michael Pompeo stated Washington has announced the expansion of sanctions on Iran to counter nuclear, missile and military programs. The expansion of sanctions enforcement declares that the United States would punish anyone who transfers 22 specific metals, out of which 10...

Klaveness Digital delivers technology solution to ALBA for methodical arrangement of shipments
31 JUL 20203MINS

Klaveness Digital delivers technology solution to ALBA for methodical arrangement of shipments

Klaveness Digital, the Norwegian technology company that assist shipping and logistics into the future to empower industrial companies to make better-informed decisions, delivered a solution that improvised Alba to arrange their shipments more methodically, evading collisions during berth and will...

PyroGenesis Canada reports double revenue in Q2 2020, thanks to aluminium Drosrite contract
30 JUL 20202MINS

PyroGenesis Canada reports double revenue in Q2 2020, thanks to aluminium Drosrite contract

On Wednesday, July 29, PyroGenesis Canada Inc. reported that its revenue doubled in just three months of the second quarter of 2020 ended June 30, as its contract with waste management company Drosrite International LLC paid off. From C$913,769 in Q2 2019, PyroGenesis’ revenue increased to C$2.1...

Alba’s revenue up by 16% Y-o-Y to $1382.9 million in H1 2020, thanks to higher sales volume
27 JUL 20203MINS

Alba’s revenue up by 16% Y-o-Y to $1382.9 million in H1 2020, thanks to higher sales volume

Aluminium Bahrain B.S.C. (Alba) has released financial results for the second quarter of 2020 and the first half of the year. The leading aluminium producer’s (ex-China) performance was impact by lower LME price, which was partially offset by higher sales’ volume. The company reported a gross...

COVID-19 impact: Qatar Aluminium Manufacturing Company’s revenue down by 9% to QR 1,121 million in H1 2020
24 JUL 20202MINS

COVID-19 impact: Qatar Aluminium Manufacturing Company’s revenue down by 9% to QR 1,121 million in H1 2020

Qatar Aluminium Manufacturing Company, a 50% joint venture partner in one of the most cost efficient aluminium smelters globally, based in Qatar, announced a net profit of QR 14.6 million for the six months period ended 30 June 2020. The company’s revenue amounted to QR 1,121 million, down by 9%...