HPCL Brings Energy Leaders, Researchers and Startups Together at IISc Bengaluru to Accelerate energy Innovation through MC²+ IGNITE
The Hindustan Petroleum Corporation Ltd. today hosted the Bengaluru edition of MC²+ IGNITE – India’s flagship energy innovation accelerator at the Indian Institute of Science (IISc) Bengaluru, bringing together leaders from the energy industry, academia, research, startups and the investment...
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...
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Inner Mongolia Mengtai Group starts construction of its high-end aluminium alloy project
China-based coal operation company Inner Mongolia Mengtai Group Co. Ltd. has reportedly started constructing its high-end aluminium alloy project, which will have a production capacity of 200,000 tonnes per year. The news came after local news media reported at Dalad Banner Economic Development...
New build 62-metre Sanlorenzo motor yacht featuring aluminium and steel sold
A new 61.87 Sanlorenzo motor yacht has been reportedly sold to the buyer introduced by Camper & Nicholsons International. The yacht is currently under construction with aluminium and steel by Italian yard Sanlorenzo to a design by Officina Italiana Design and Lloyds classed and is scheduled for...
Baosteel to start test production at its upcoming aluminium project in June 2020
China’s largest listed steel producer Baoshan Iron and Steel Co. Ltd. (Baosteel) will reportedly start test production at its upcoming aluminium project in Henan province from mid-2020. The first phase of Baosteel’s aluminium alloy casting and deep processing plant will have a capacity of 300,000...
China Evergrande Group to invest US$40 billion to build EV production site in Shenyang and Guangzhou
China’s largest real estate developer China Evergrande Group is planning to expand heavily into the electric vehicle market by constructing major EV plants in the northeast China city of Shenyang and the south China city of Guangzhou. The company has agreed to invest RMB 280 billion (US$40 billion)...
Rusal gets back to action after sanctions; prepares for a Panda bond and a rouble bond to raise fund
According to Reuters, Rusal plans to issue a Chinese yuan-denominated bond, called a Panda bond and a rouble bond in order to raise fund for a new smelter. The world’s largest aluminium producer outside China was barred from borrowing during the sanctioned period. Now that the sanctions are lifted...
Rusal refutes controversy over investment in Braidy’s rolling mill; hopes to restore lost market share by 2020
Rusal said in a press interview that discussions over Rusal investing in Braidy’s aluminium rolling mill at Kentucky happened much before the imposition of the U.S. sanctions on its group of companies. Rusal announced its plan to invest as much as US$200mn in the Kentucky plant after the sanctions...
Dongfeng Maxion Wheels hold ground-breaking ceremony at its aluminium wheels plant in Hubei
The world’s largest wheel manufacturer Maxion Wheels, with new joint venture partner Dongfeng Motor Parts and Components Group, reportedly held a ground-breaking ceremony yesterday, on June 6, at their future site of 22,000 square metres plant in Suizhou, China. In mid-March 2019, Maxion Wheels had...
Braidy industry denies any national security concern over Rusal's investment in its rolling mill
Reacting to the request of investigation by Rusal on its rolling mill, Braidy Industries says Rusal’s investment on the mill is not something that could cause any national security concern and hence, an investigation of foreign investment is not applicable. A statement from Braidy Industries said...
Vedanta plans to set up auto ancillary park in Odisha for manufacturing alloy wheels
In partnership with the Odisha government, Vedanta is reportedly planning to set up a hot metal park at Jharsuguda, which would host auto ancillary units with Vedanta’s aluminium unit being the anchor. According to Business Standard report, the company, while specifically looking at alloy wheels,...
Bundaberg Port Authority to aide ABx to explore bauxite export opportunity in bulk tonnages
The Port Authority of Bundaberg will reportedly support Australian Bauxite Limited (ASX: ABx) in investigating the opportunity to export bauxite in bulk tonnages through the port itself. On May 29, the Port Authority and ABx signed a memorandum of understanding (MoU) that gives an access to the...
EGA's Guinea Alumina Corporation secures US$750 million loan for its Guinea bauxite project
Emirates Global Aluminium’s (EGA) wholly-owned subsidiary Guinea Alumina Corporation (GAC) has secured Guinea’s largest-ever project financing for its greenfield bauxite mining project in the West African country, which is expected to lift up Guinea’s economy significantly. The total US$750 million...
East Hope Group eyes to develop aluminium facility, red mud research centre and recycling project in Abu Dhabi
China’s manufacturing firm East Hope Group has reportedly entered into an agreement with Khalifa Industrial Zone Abu Dhabi (KIZAD) to explore the feasibility of setting up a project in that region by investing $10 billion. Samir Chaturvedi, CEO of KIZAD, and Meng Changjun, president of Investments,...
SRG Global secures asset services contract with South32 Worsley Alumina
SRG Global has secured an asset services contract with South32 Worsley Alumina in Western Australia. Under the contract, SRG Global will provide engineered access solutions for the Worsley Alumina operation, including scaffold services and rope access technicians. Work will start in June 2019 for...
Alumina Limited warns shareholders of a less lucrative year ahead on lower alumina prices and growth spending
Alumina Limited warned its shareholders that the company is getting into a period of increased spending on growth which might affect shareholder returns in the coming years. The warning came after Alunorte had resumed production with the lifting of the embargo. The company management told its...
Heesen’s eighth superyacht in 5000 Aluminium Class begins sea trials
Heesen Yachts’ eighth vessel in 5000 Aluminium Class Masa has reportedly started sea trials, after being launched in Oss early last month. Masa’s exterior, designed by Frank Laupman of Omega Architects, displays key details including a "pelican beak bow" and "sporty mast", while her interior,...
Taylor Bros constructing two aluminium heavy-lift barges for Australia’s RSV Nuyina
Hobart ship-building company Taylor Bros is currently constructing two 16.3 metre-long and 6.2 metre-wide aluminium ‘heavy-lift’ barges for Australia’s Antartic flagship RSV Nuyina. These two barges and a fleet of small watercraft will reportedly support RSV Nuyina when the icebreaker voyages...
Qinghai-based aluminium producer to resume 150,000 tonnes of primary aluminium capacity
According to Shanghai Metals Market, the Qinghai-based aluminium producer Western Hydropower has plans to restart its primary aluminium capacity of 150,000 tonnes, which were closed earlier due to rising production cost and environmental restrictions. Of those 150,000 tonnes of capacity, the...
Trimet Aluminium starts trial operation of its ‘virtual battery’ at Essen aluminium plant
Trimet Aluminium has started trial operation of its ‘virtual battery’, which would control the energy supply for aluminium production at its Essen plant. This is expected to create a power storage facility that will make it easier to integrate the discontinuously generated electricity from...
