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Global metals supply chains under geopolitical strain, China crucial in green tech: BofA report
22 MAY 20244MINS

Global metals supply chains under geopolitical strain, China crucial in green tech: BofA report

In a recent report, Bank of America (BofA) underscored the profound impact of geopolitical dynamics on global metals supply chains, spotlighting China's pivotal role in green technology industries. The report highlights China's overwhelming dominance in producing electric vehicles (EVs), batteries,...

Jan-Apr 2024: World primary aluminium production grows 4% Y-o-Y due to demand recovery and reduced production costs
21 MAY 20242MINS

Jan-Apr 2024: World primary aluminium production grows 4% Y-o-Y due to demand recovery and reduced production costs

According to the International Aluminium Institute survey, the world’s primary aluminium production in April 2024 witnessed a month-on-month drop of 3.12 per cent but a year-on-year rise of 3.33 per cent. As per the data revealed, world’s primary aluminum output was 5.9 million tonnes in April...

Mubadala ventures into Japan’s green energy market
21 MAY 20242MINS

Mubadala ventures into Japan’s green energy market

In a strategic move signalling its commitment to sustainable energy, the Abu Dhabi-based Mubadala Investment Company has announced a significant cornerstone investment in PAG's Asia Pacific renewable energy platform. This marks Mubadala's inaugural venture into Japan's burgeoning clean energy...

China’s unwrought aluminium and products imports surge 86.6% Y-o-Y from Jan-Apr 2024, resulting in 127.7% domestic stock hike
21 MAY 20242MINS

China’s unwrought aluminium and products imports surge 86.6% Y-o-Y from Jan-Apr 2024, resulting in 127.7% domestic stock hike

According to China customs data, China’s unwrought aluminium and products imports (including primary metal and unwrought, alloyed aluminium) in April 2024 surged by 72.1 per cent year-on-year to reach 380,000 tonnes. China’s total imports of unwrought aluminium and products amounted to 1.49 million...

“To address the aluminium recycling problem and improve sustainability in the industry, RecycleOS allows MRFs to accurately capture missorted cans to increase the recycling rate,” JD Ambati, founder and CEO of EverestLabs
20 MAY 20247MINS

“To address the aluminium recycling problem and improve sustainability in the industry, RecycleOS allows MRFs to accurately capture missorted cans to increase the recycling rate,” JD Ambati, founder and CEO of EverestLabs

JD Ambati is the founder and CEO of EverestLabs , an artificial intelligence (AI) and robotics company enabling material recovery facilities (MRFs) to digitise and automate recycling. Steeped in more than 20 years of experience across AI, product development, and strategy – JD saw an opportunity to...

Sustainability weekly recap: Alba launches EternAl, the new low-carbon aluminium product line with 30% and 15% recycled content
19 MAY 20244MINS

Sustainability weekly recap: Alba launches EternAl, the new low-carbon aluminium product line with 30% and 15% recycled content

The aluminium industry is experiencing significant growth, with sustainability playing a pivotal role in shaping its trajectory. Historically, aluminium production has been energy-intensive, but a shifting focus towards sustainability has spurred the adoption of innovative practices. This includes...

China’s primary aluminium production grows 7.2% Y-o-Y in April’24 as investors bet on potential profit margin
17 MAY 20242MINS

China’s primary aluminium production grows 7.2% Y-o-Y in April’24 as investors bet on potential profit margin

According to the National Bureau of Statistics (NBS), China’s primary aluminium production rose 7.2 per cent from a year earlier, standing at 3.58 million tonnes. Aluminium price rally in China and across the globe drove the output hike during the said period. China’s average daily aluminium output...

Celebrating 59 years of Alcoa's aluminium excellence in Brazil
17 MAY 20242MINS

Celebrating 59 years of Alcoa's aluminium excellence in Brazil

Alcoa, a Pittsburgh-based industrial corporation and the global industry leader in bauxite, alumina , and aluminium products, celebrates 59 years of aluminium excellence in Brazil. Alcoa marked 59 years of operation in Brazil on May 14, commemorating the occasion with investments in cutting-edge...

Oslo welcomes its newest flagship: Trosten floating sauna featuring Hydro CIRCAL recycled aluminium
15 MAY 20243MINS

Oslo welcomes its newest flagship: Trosten floating sauna featuring Hydro CIRCAL recycled aluminium

On May 15, 2024, Oslo's burgeoning fleet of floating saunas welcomed its newest flagship, Trosten, featuring a universal design aimed at inclusivity and an innovative façade crafted from Hydro CIRCAL. Crafted using Hydro CIRCAL, a revolutionary material comprising a minimum of 75 per cent recycled...

Norwegian watch brand Radium Instruments goes green with Hydro CIRCAL aluminium cases
15 MAY 20244MINS

Norwegian watch brand Radium Instruments goes green with Hydro CIRCAL aluminium cases

Developed jointly by Thomas Cappelen Malling and Sjur Stangebye-Hansen, Radium Instruments, the Norwegian watch brand known for using Hydro aluminium, has now taken a step further by incorporating Hydro CIRCAL's recycled aluminium into its watch cases. In its latest collection, the watch cases are...

Bathco and Metsol partner with Alucam to integrate advanced technology, aiming to save 1 million tonnes of CO2 emissions annually
14 MAY 20242MINS

Bathco and Metsol partner with Alucam to integrate advanced technology, aiming to save 1 million tonnes of CO2 emissions annually

Abiding by the commitment to lead and empower the metal production industry’s shift towards full sustainability, Bathco, in collaboration with its technology arm Metsol, has entered into a multi-year partnership with Alucam to help it with the integration of the APC+, a next-generation, smart Pot...

US Department of Commerce initiates anti-dumping probe into Indian aluminium extrusions used in solar panels
14 MAY 20242MINS

US Department of Commerce initiates anti-dumping probe into Indian aluminium extrusions used in solar panels

The US Department of Commerce has reportedly announced a preliminary determination on aluminium extrusions imported from India that are being sold at unfairly low prices in the US domestic market. The Department has conducted a preliminary determination on those aluminium extrusions used in...

Clean & green: Ripl Efek's aluminium refills set to make waves in the laundry industry
14 MAY 20242MINS

Clean & green: Ripl Efek's aluminium refills set to make waves in the laundry industry

Discussions surrounding sustainability, carbon emissions, energy efficiency, and achieving net-zero targets are the most common topics across various industries, with a notable focus on the aluminium sector. With this similar mission of reducing the carbon footprint, sustainable detergent brand...

New CEO, new era: Eivind Kallevik charts path to a greener aluminium future for Hydro by 2030
13 MAY 20244MINS

New CEO, new era: Eivind Kallevik charts path to a greener aluminium future for Hydro by 2030

Norwegian aluminium and energy giant Norsk Hydro recently announced Eivind Kallevik's appointment as its new President and CEO. Eivind officially commenced his role on May 13, unveiling his plan to expedite Hydro's strategy of spearheading the shift to sustainable aluminium production by leveraging...

Hong Leong Investment Bank forecasts increased earnings for Press Metal amid expected aluminium price surge
13 MAY 20242MINS

Hong Leong Investment Bank forecasts increased earnings for Press Metal amid expected aluminium price surge

Hong Leong Investment Bank Bhd (HLIB) has reportedly shared higher earnings forecasts for Press Metal Aluminium Bhd for FY2024 and FY2025. The investment bank has projected that Press Metal's earnings will increase by 7 per cent and 4 per cent, respectively, in the said years on account of...

End user weekly recap: Liverpool-based Turncoat gin distillery aims to reduce its carbon footprint by using aluminium bottles
12 MAY 20245MINS

End user weekly recap: Liverpool-based Turncoat gin distillery aims to reduce its carbon footprint by using aluminium bottles

The 2024 outlook for the aluminium end-use sector is multifaceted, with some segments displaying potential while others could encounter initial obstacles. Forecasts suggest a moderate rise in global aluminium consumption, ranging between 1.6-2 per cent, primarily fuelled by continuous demand from...

Uzbekistan's recycling industry set to capitalise on foreign investment influx
12 MAY 20242MINS

Uzbekistan's recycling industry set to capitalise on foreign investment influx

Investments in the recycling industry can facilitate the recovery and reuse of valuable resources from waste materials . This reduces the strain on natural resources and promotes sustainable practices crucial for long-term environmental and economic sustainability. Increased investment can lead to...

Iceland unveils massive 'Air Vacuum' to combat global warming
11 MAY 20245MINS

Iceland unveils massive 'Air Vacuum' to combat global warming

On May 8, 2024, the world witnessed the inauguration of a colossal initiative to combat climate change head-on: the largest-ever direct air capture plant. Developed by Swiss firm Climeworks, this mammoth facility in Iceland dwarfs its predecessor, Orca, by a factor of ten. Direct air capture (DAC)...