National Aluminium Company Limited (NALCO) has signed a Technology Licensing Agreement with Emirates Global Aluminium (EGA) to deploy EGA’s UAE-developed DX+ Ultra aluminium smelting technology at its proposed 500,000 tonnes per annum (MTPA) brownfield smelter expansion at Angul, Odisha. The...
Indian electronics manufacturers are increasingly substituting aluminium for copper in key components as surging metal costs put pressure on margins. Indian electronics manufacturers are turning to aluminium and steel as alternatives to copper as a sharp rise in copper prices pushes up production...
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On September 6, Altor, a private equity fund, exercised its put option, obligating Hydro to acquire an additional 20 per cent stake in Vianode. This transaction results in both Altor and Hydro holding equal 50/50 ownership stakes. Why the put option A put option is a financial contract that grants...
On Saturday, September 7, Kolkata Metro Rail Corporation reportedly started installing the aluminium third rail replacing steel on the North-South corridors, aiming to reduce energy loss by about 84 per cent. Metro Railway has set a target of two years to complete the entire replacement project...
In Morocco, Chinese expertise plays a crucial role in developing the vehicle wheel industry, showcasing the strengthening economic ties between China and Morocco under the Belt and Road Initiative (BRI). One key project in this development is CITIC Dicastal's investment in Morocco, which has...
On August 20th, Sunstone Development announced the signing of a capital increase agreement with Geely Baikuang to jointly invest 290 million yuan into Tiandong Baikuang Santian Carbon Co., Ltd. Following the capital injection, Sun-stone Development will hold a 66 per cent stake, while Geely...
Metal recycling company Ecovery LLC has targeted to put into operation a secondary aluminium furnace with a 60,000-pound capacity at its processing facility in Loxley, Alabama, in September 2024. This furnace is Ecovery's second major capital expenditure project in 2024 and a second on-site rotary...
Gränges Powder Metallurgy SAS, located in Saint-Avold, France, is investing in a new post-processing line for producing aluminium powders for Additive Manufacturing (AM). The line will feature ATEX-certified sieving, homogenising, and packing equipment within a closed workspace to ensure optimal...
Ducab Metals Business, the largest metal manufacturing company in the UAE and a subsidiary of the Ducab Group, is striding towards business expansion to meet the increasing demand for aluminium across the globe by doubling its production capacity from 55,000 tonnes per annum to 110,000 tonnes per...
Sundaram Clayton Limited, part of the $6.5 billion TVS Group, has officially put its newly-commissioned aluminium die-castings facility into commercial production. The facility is located in the SIPCOT industrial area in Tiruvallur district, Tamil Nadu, India. The plant, with an annual production...
Fonda, New York-based aluminium extrusion manufacturer Keymark Corp. has significantly bolstered its operations by adding a state-of-the-art coating facility in Lakeland, Florida. This expansion aligns with the company's strategy to enhance its offerings for the U.S. architectural and residential...
Alpha HPA has officially begun the second stage of construction on what is set to become the world's largest single-site ultra-high purity aluminium materials refinery. The company that has redefined the standard of aluminium purification to produce sustainable, ultra-high purity aluminium products...
Emirates Global Aluminium (EGA), the world’s leading producer of premium aluminium, updated last week that its first and the UAE’s largest aluminium recycling plant would start producing hot metal in 2026. The construction of the plant, adjacent to EGA’s existing Al Taweelah smelter, officially...
India’s Ramkrishna Forgings Ltd has announced its strategic entry into the aluminium forging sector, with plans to establish its first facility in Jamshedpur, Jharkhand. The company's board has approved an investment of INR 57.5 crore for the new facility, which is set to focus primarily on the...
Azerbaijan and Uzbekistan are collaborating on a new project to produce aluminium radiators, according to sources familiar with the matter. The project is slated for development within the Free Economic Zone of Alat in Azerbaijan, with the participation of Uzbekistan's trustworthy and responsible...
The National Aluminium Company Limited’s subsidiary KABIL has reportedly signed a memorandum of understanding with Oil India Limited to explore and develop critical mineral projects jointly. Signed at NALCO’s headquarters in Bhubaneswar, the MoU aims to build a strong collaboration between KABIL...
UAE-based Dubal Extrusion Investment (DEI), a subsidiary of Dubal Holding (DH), has successfully completed the Phase I of the rooftop solar power generation project at OSE Industries, a local aluminium extrusion company under DEI's ownership. The project, carried out by Emirates Electrical...
The Australian mining and exploration company based in Brisbane, Queensland, Metro Mining, is poised for significant growth as it moves towards increased production from Q4 2024. It has ambitious plans to expand its capacity to over 7 million tonnes per annum by 2025 and beyond. CEO Simon Wensley...
Gravita India is set to reduce the share of lead in its portfolio and expand into aluminium recycling, rubber, and lithium battery. The Jaipur-based recycling firm will decrease the share of lead from 88 per cent to 70 per cent, as Navin Prakash Sharma, the Executive Director of the firm...
California is set to boost its recycling efforts with the launch of over 250 new recycling sites across 30 counties, making it convenient for people to recycle their used aluminium or plastic containers, beverage cans, and other recyclable products. This initiative is supported by nearly $70...
