Ghana puts bauxite, lithium and iron ore in the spotlight to woo Australian capital
Ghana has stepped up efforts to attract Australian investment into its growing critical minerals sector, pitching the country as a stable and reform-driven destination for mining and value-added mineral development at the 2026 Africa Down Under (ADU) Summit in Perth. The Ghanaian delegation was led...
Aluminium eggshells take on space debris with nearly 65% impact reduction
Researchers at Dalian University of Technology in China have tested a spacecraft protection structure made from water-filled aluminium eggshells, with the design reducing the velocity of an impact projectile by nearly 65 per cent. The research, published in the Journal of Applied Physics , looked...
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HAI reveals €38 million investment for extrusion facility expansion at Ranshofen
The supplier of high-quality aluminium, Hammerer Aluminium Industries (HAI) reveals an investment volume of € 38 million towards the expansion of the extrusion facility in Ranshofen. HAI intends to root the investment by executing the operation of the 60 MN extrusion press at its facility at...
Salzburger Aluminium Group subsidiary to start production at new site in Slovakia
SAG Slovakia, a wholly-owned subsidiary of the Salzburger Aluminium Group, will commence production at its new site in the SIHOT industrial park near Trencin. The company invested around 1.5 million euros in the relocation and expansion of the new site. The new plant, located near the...
Recycled aluminium weekly recap: China's secondary aluminium operating rates down 0.25% in April; Nissan invests £52 million into scrap extraction
Right from a dip in secondary aluminium operating rates in China to Nissan’s £52 million investment into Sunderland facility for enabling the use of recycled and lightweight aluminium for the all-new Qashqai SUV, this week reported a plethora of events in the aluminium recycling industry. Let us...
Weekly Downstream recap: Hindalco to resume on-hold projects, plans for INR 2700 crore investment; Hydro signs NOK 200 million contract with Innovation Group for casthouse technology
The aluminium downstream sector remained quite happening in the week around the world, with Hindalco to resume on-hold projects due to the pandemic, now plans for INR 2700 crore investment to get it on track. On the other hand, the global aluminium giant, headquartered in Norway, Norsk Hydro has...
Nissan invests £52 million in extra-large press line and recycling facility for aluminium scrap extraction
According to a recent report, Nissan has confirmed an investment of £52 million into its Sunderland facility for enabling the use of recycled and lightweight aluminium for the all-new Qashqai SUV. The automaker has invested in a second extra-large press line and a “cyclone” recycling facility that...
Anil Agarwal led Vedanta plans to invest INR 10,000 crore to set up ‘Aluminium Park’ in Odisha
Anil Agarwal led Vedanta Ltd., a subsidiary of Vedanta Resources Limited, counted as one of the world's leading diversified natural resource companies plans to invest INR 10,000 crore in setting up an aluminium park in Odisha, an eastern state in India to encourage companies that use the metal to...
CANPACK to construct its second US aluminium beverage can body manufacturing plant in Muncie
CANPACK will construct its second US aluminium beverage can body manufacturing plant in Muncie. The $380 million investment project is likely to create 345 local jobs by 2023. The company will start construction of the 862,000-square-foot facility in mid-2021, and the plant operation is scheduled...
Alumina Ltd.’s prediction of alumina demand to surplus supply will force Wagerup and Pinjarra refineries expansion back on the agenda
The publicly listed company on the Australian Securities Exchange, Alumina Limited’s forecast toward demand for alumina soon to surplus supply is creating possibilities to bring back the agenda of the expansion of two alumina refineries in Western Australia. The growth signals came when the company...
Bangladesh: Sonali Paper inks deal with Chinese firm to set up aluminium foil paper plant
The Dhaka Stock Exchange-listed company Sonali Paper and Board Mills Ltd of Bangladesh has inked a deal with Chinese firm Zhangjiagang Fineness Aluminium Foil Co Ltd to set up an aluminium foil paper plant in Naraynganj district’s Rupganj administrative area. On 23rd May 2021, Mohammad Younus,...
Hindalco to resume on-hold projects, plans for INR 2700 crore investment
The Aditya Birla Group subsidiary, Hindalco Industries intends to commence all the projects there that were put on hold due to the Covid-19 pandemic and also plans to invest around INR 2700 crore in the current fiscal against ₹1,600 crore in FY’21. The world’s largest aluminium rolling company had...
Wheels India plans INR 100 crore Capex for wind energy development; large investment in consideration for the cast aluminium plant phase II
On 22nd May 2021, a higher management staff of India’s largest auto component manufacturer, TVS Group promoted Wheels India Ltd. revealed that the company has planned for a capital expenditure of INR 100 crore in 2021 towards the wind energy segment and all set to develop a plant near Chennai....
Hydro signs MoU with Everfuel for renewable energy-based hydrogen
Hydro has teamed up with Everfuel for coordinated development, operation, and optimization of hydrogen electrolysers based on renewable energy in Europe. The use of carbon-free hydrogen in aluminium production will contribute towards Hydro’s global commitment to reduce its greenhouse gas emissions...
Letenda bags $1 million grant for developing 100% zero-emission bus made from aluminium
On 18 th May 2021, Pierre Fitzgibbon, Minister of the Economy and Innovation, Quebec announced the award of a $ 1 million grant to Letenda. The bus manufacturing company is developing a new generation 100% zero-emission bus adapted to winter conditions, named the Electrip®. The Longueuil-based...
Montupet, GMD Eurocast secures France Relance plan towards investment for modernization
On 18 th May 2021, the French government released the names of the new winner of the France Relance plan, in the automotive and aeronautics sectors. Montupet and Eurocast are two new companies that will be able to benefit from this fund intended to encourage investment and modernization in these...
Vedanta Aluminium to invest $300 million in current fiscal; Lanjigarh alumina refinery expansion remains the primary focus
The Chief Executive Officer of Vedanta Aluminium, Ajay Kapur stated: “Vedanta Aluminium has set a capital expenditure target of $300 million for the current fiscal.” Kapur added: “Our most significant expansion will be at our Lanjigarh alumina refinery, subject to government approvals, the majority...
Govt. approves Incentive Scheme for promoting battery storage manufacture; Use of domestic bauxite as raw material to grow
On Wednesday, May 12, the Union Cabinet approved the implementation of the Production Linked Incentive (PLI) Scheme 'National Programme on Advanced Chemistry Cell (ACC) Battery Storage’ for promoting battery storage manufacture at an estimated outlay of INR 18,000 crore. The proposal aims to...
Roeslein & Associates expands its capacity to meet aluminium beverage can manufacturing plants demand
Roeslein & Associates has expanded its capacity and capabilities to meet demand for aluminium beverage can manufacturing plants. The expansion covers additional global fabrication space and the new Building Design and Construction group led by Dean Foth. “The demand for aluminum beverage cans is...
Chongqing Shunbo Aluminum plans to build $868m production base in Anhui
Recycled aluminium products manufacturer Chongqing Shunbo Aluminum Co has decided to construct a 5.6 billion yuan ($868.45 million) production base in China’s eastern Anhui province, Reuters reported. In a filing to the Shenzhen Stock Exchange, Shunbo inked a deal with Bowang district in the city...
