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Saudi Arabia’s Public Investment Fund chips in US$200 million to increase Egyptalum’s capital
12 SEPT 20222MINS

Saudi Arabia’s Public Investment Fund chips in US$200 million to increase Egyptalum’s capital

Egyptalum has plotted to outsource 65 per cent of its restoration cost, valued at US$200 million, from Saudi Arabia’s Public Investment Fund (PIF). Out of the total US$300 million, the above initial investment will help the factory to stand on its own feet, producing gladly for the upcoming 20...

Adaro Energy aims to begin commercial operations of its aluminium smelter in Q1 2025
12 SEPT 20222MINS

Adaro Energy aims to begin commercial operations of its aluminium smelter in Q1 2025

The first phase of PT Adaro Energy Indonesia Tbk's aluminium smelter in North Kalimantan will operate commercially in Q1 2025 with a capacity of 500,000 tonnes. Adaro is Indonesia's second-largest coal miner by production volume and most significant by market capitalization. Adaro strives to seize...

Hindalco's 25 MW solar plant in Singrauli district started producing electricity, paving the way toward low-carbon aluminium production
12 SEPT 20221MINS

Hindalco's 25 MW solar plant in Singrauli district started producing electricity, paving the way toward low-carbon aluminium production

Hindalco Industries, India's leading aluminium producer, has begun generating electricity from a 25 MW solar plant in Singrauli, Madhya Pradesh, in addition to a captive power plant (CPP) at its Mahan facilities. As part of the ceremony, Mahan Aluminium's President, Senthil Nath, inaugurated the...

Downstream aluminium weekly: Alucast UK introduces servitization in Black Country aluminium facility; MetLase develops 12% lighter aluminium aerospace components with AMRC
10 SEPT 20225MINS

Downstream aluminium weekly: Alucast UK introduces servitization in Black Country aluminium facility; MetLase develops 12% lighter aluminium aerospace components with AMRC

The European Aluminium Foil Association said that while exports continued to fall at -15%, European aluminium foil deliveries for containers and technical applications stabilised in H1 2022. (EAFA). According to EAFA statistics, the continent's overall demand for aluminium foil increased in the...

Aludecor draws an INR110 Cr. investment plan to boost ACP production for retail & corporate signage demand
08 SEPT 20223MINS

Aludecor draws an INR110 Cr. investment plan to boost ACP production for retail & corporate signage demand

Aludecor, a quickly popularising metal composite panel brand from India, honoured the country's Corporate Signage Industry heads in a current industrial event held at the City Luxury Hotel in Delhi. Aludecor has been serving the Indian sub-continent with aluminium composite panels (ACP) for the...

Sortera Alloys to shift operations to a new 200,000 sq. ft. processing facility in Markle, hoping to scale up alloy scrap recycling
08 SEPT 20222MINS

Sortera Alloys to shift operations to a new 200,000 sq. ft. processing facility in Markle, hoping to scale up alloy scrap recycling

On Wednesday, September 7, Sortera Alloys, Inc., an Indiana-based producer of low-cost, high-quality aluminium alloys, announced its expansion plan on a new 200,000 sq. ft. processing facility in Markle. As per the report, formal groundbreaking of the new site will take place in the fourth quarter...

South Korea's fifth-largest corporation entrusts Achenbach with supplying high-tech machines for the first battery foil plant on the American continent
07 SEPT 20223MINS

South Korea's fifth-largest corporation entrusts Achenbach with supplying high-tech machines for the first battery foil plant on the American continent

Achenbach Buschhütten, the specialist and world market leader for aluminium foil rolling mills and foil slitting machines, is pleased about a significant order from South Korea to deliver machines and equipment for a new battery foil production in the USA. Achenbach's long-standing customer Lotte...

Recresso is investing in metal sorting technology to turn used aluminium caps into furnace-ready for smelting
06 SEPT 20222MINS

Recresso is investing in metal sorting technology to turn used aluminium caps into furnace-ready for smelting

From glass to aluminium: Recresso has decided to extend its recycling domain, investing around £5.5 million. The news came on Tuesday, September 6, after the company announced the installation of shredders, X-ray fluorescence technology and briquetting machinery at its Ellesmere Port site in...

PLN agrees to supply energy to PT Bintan Alumina Indonesia until 2050
06 SEPT 20223MINS

PLN agrees to supply energy to PT Bintan Alumina Indonesia until 2050

The Indonesian state-owned corporation PT Perusahaan Listrik Negara (PLN), which has a monopoly on electric power distribution in the country, has agreed to supply the energy needs of mining company PT Bintan Alumina Indonesia (BAI) until 2050. A Memorandum of Understanding (MoU) was inked in the...

Alumex reinforces sustainability with its aluminium UBC collection project launch
05 SEPT 20222MINS

Alumex reinforces sustainability with its aluminium UBC collection project launch

The largest fully integrated aluminium manufacturer in Sri Lanka and a member of the Hayleys Group, Alumex, recently launched a pilot project in the nation to collect used aluminium beverage cans (UBCs) as part of its initiative to care for the environment. Alumex is reaffirming its commitment to...

Hydro marks the groundbreaking ceremony for its upcoming aluminium recycling facility in Hungary
05 SEPT 20223MINS

Hydro marks the groundbreaking ceremony for its upcoming aluminium recycling facility in Hungary

The importance of recycled aluminium in the extrusion sector is becoming more significant. On Thursday, September 1, Hydro marked the groundbreaking ceremony for the construction of its upcoming aluminium recycling plant in Szekesfehervar, Hungary. In a market where demand for greener aluminium is...

Downstream aluminium weekly: Sistem Teknik installs homogenising furnace at old Alcoa smelter owned by Sider Alloy Italia; Swiss National Bank elevates Kaiser Aluminium shares by 7.4%
03 SEPT 20224MINS

Downstream aluminium weekly: Sistem Teknik installs homogenising furnace at old Alcoa smelter owned by Sider Alloy Italia; Swiss National Bank elevates Kaiser Aluminium shares by 7.4%

The downstream sector has seen major advancements this week with Sistem Teknik installing a homogenising furnace at the former Alcoa smelter at Portoscuso, Italy which is presently owned by Sider Alloy Italia. This will enhance the billet forging process due to the incorporated electric heater...

Kerala gains new Linke Hofmann Busch aluminium coaches running on Indian Railway line
01 SEPT 20222MINS

Kerala gains new Linke Hofmann Busch aluminium coaches running on Indian Railway line

Linke Hofmann Busch (LHB) coaches were first developed for Indian Railways by the German company, Linke-Hofmann-Busch, presently known as Alstom Transport Deutschland. These coaches have been used in the country since 2000 on the 5 ft 6 in (1,676 mm) broad gauge Indian Railways network. Now, it has...

North American aluminium industry records a year-to-date growth of 6.6% over the first half of 2022
01 SEPT 20222MINS

North American aluminium industry records a year-to-date growth of 6.6% over the first half of 2022

Through the first half of 2022, the North American aluminium industry (U.S. and Canada) recorded a year-to-date growth of 6.6 per cent, said the monthly Aluminium Situation report released by the Aluminum Association. This is an addition to a nearly 8 per cent year-over-year growth predicted for...

Sistem Teknik installs a homogenizing furnace at former Alcoa smelter in Italy for Sider Alloy Italia
01 SEPT 20223MINS

Sistem Teknik installs a homogenizing furnace at former Alcoa smelter in Italy for Sider Alloy Italia

Alcoa’s old smelting unit, situated at Portoscuso, Italy, is to be rejuvenated by the efforts of Sider Alloy Italia with a considerable amount of investment. The company’s agreement with Sistem Teknik, a leading maker of industrial furnaces for more than four decades, has resulted in the delivery...

Top Newsmaker for August 2022: Adani Group to invest $5 billion in Odisha to set up an alumina refinery; Hydro to shut down primary aluminium production in Slovakia
01 SEPT 20224MINS

Top Newsmaker for August 2022: Adani Group to invest $5 billion in Odisha to set up an alumina refinery; Hydro to shut down primary aluminium production in Slovakia

The global aluminium industry has witnessed some exciting events throughout August 2022. The H1 2022 reports are gradually getting published, and most companies have reported profits showcasing better margins, despite the news of significant production cuts from Europe due to the energy crisis. The...

LNG-powered world’s largest aluminium catamaran to use Wärtsilä’s 31 dual-fuel engine technology
31 AUG 20222MINS

LNG-powered world’s largest aluminium catamaran to use Wärtsilä’s 31 dual-fuel engine technology

Touted as one of the largest aluminium catamaran built by Incat, the new high-speed watercraft fuelled by liquefied natural gas (LNG) will use engines, waterjets, and fuel storage and delivery systems from the Finnish technology company Wärtsilä. On behalf of Buquebus, the vessel is being...

Government of Odisha approves INR 285 cr special investments for the aluminium sector
30 AUG 20222MINS

Government of Odisha approves INR 285 cr special investments for the aluminium sector

On August 29, an INR 2005.89 crore investment accord was inked by the Government of Odisha to set up ten industrial projects employing more than 3,545 people in the Indian state. The principal approvals were made for the metal industry following its downstream activities, along with citing...