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Nestle's Nespresso recycles aluminium from used coffee capsules for use in secondary market
30 JUN 20162MINS

Nestle's Nespresso recycles aluminium from used coffee capsules for use in secondary market

Swiss food giant Nestle's Nespresso has come up with an innovative and somewhat unexpected solution to the environmental issue created by the growing waste volume of coffee capsules that are used at the workplaces and homes. They have taken to organic vegetable farming and aluminium recycling which...

CBIX up, Malaysian ban to be relaxed
28 JUN 20162MINS

CBIX up, Malaysian ban to be relaxed

CBIX nudged higher over the week, up 1.5 per cent (US$0.7) to US$45.8/dmt on the back of higher ViU-priced Australian material. Given the current linkages between bauxite prices and alumina prices, we expect to see the former gain further ground, as the rebound in alumina prices begins to flow...

Chinese artist creates aluminium wonder installations for Bangkok mall
27 JUN 20162MINS

Chinese artist creates aluminium wonder installations for Bangkok mall

Bangkok's Gaysorn mall has gotten livelier with art, beginning with the exhibition "Jordy's Multidiscipline Showcase", which continues right through July. China's Yu Jordy Fu combines architecture, fashion and art to demonstrate that creativity is truly boundless. Jordy has adapted Chinese...

Yunnan Aluminum to build large alumina project in Laos
22 JUN 20161MINS

Yunnan Aluminum to build large alumina project in Laos

Yunnan Aluminum Co.’s alumina project in Laos, which has been filed at China’s NDRC and passed censorship by authorities in Laos, is now waiting for approval by the Laos government, the company's executive told Yunnan Daily. The project, with total investment at $900 million, will produce 3 million...

Cita Mineral to produce Indonesia’s first alumina
20 JUN 20163MINS

Cita Mineral to produce Indonesia’s first alumina

Indonesian conglomerate Harita Group representative Hidayat Sugiarto (left to right), bauxite miner Cita Mineral Investindo director Robby Irvan, president director Liem Hok Seng, director Yusak Parded, commissioner Harry Tanoto and commissioner Kartiko Sunu prepare for a photograph during a public...

CBIX down 1% to $45.4/dmt over the week
14 JUN 20162MINS

CBIX down 1% to $45.4/dmt over the week

CBIX eased over the week, down 1 per cent (US$0.4) to US$45.4/dmt. This comes on the back of a low ViU-priced cargo from Guinea and lower Malaysian FOB prices, which have pulled back slightly, to US$25.5/dmt for unwashed material FOB and US$34/dmt CIF. Unwashed grades are reportedly 40.5 per cent...

Guangxi Investment Group to invest RM580 million in an aluminium component manufacturing facility.
31 MAY 20161MINS

Guangxi Investment Group to invest RM580 million in an aluminium component manufacturing facility.

The Malaysia-China Kuantan Industrial Park (MCKIP) today secured an investment worth RM1.58 billion from both China and Malaysia. With the new ventures, the total investments drawn to MCKIP, which is located within the East Coast Economic Region Special Economic Zone (ECER SEZ), stood at RM15.08...

Altech receives $1.75 mln balance of proceeds from sale of E70/3923
27 MAY 20161MINS

Altech receives $1.75 mln balance of proceeds from sale of E70/3923

Altech Chemicals Limited has confirmed the receipt of $1.75 million, being the balance of proceeds from the sale of its Meckering exploration licence E70/3923 to Dana Shipping and Trading S.A. (Dana). The funds will be applied towards finalising the detailed design of the company’s proposed high...

CBIX eases, Malaysia exports from existing bauxite stockpiles
23 MAY 20162MINS

CBIX eases, Malaysia exports from existing bauxite stockpiles

Bauxite prices eased 1.6 per cent (US$0.7/dmt), closing Friday at US$44.2/dmt for the week. Several lower ViU-priced cargos from Malaysia contributed to the marginal decline over the week. Although Malaysian bauxite exports have resumed, mining activities have not - current exports (via Kemaman...

Q1 Customs data shows China’s fake semis trade continues to grow
20 MAY 20162MINS

Q1 Customs data shows China’s fake semis trade continues to grow

Customs data for the export of aluminium semis from the People’s Republic of China for the first quarter of this year are in. The numbers show an interesting trend – although the total year-on-year exports dropped, the flow into the Socialist Republic of Vietnam increased significantly. According...

Aluminium China joins hands with Guest of Honour India to explore Southeast Asian market
18 MAY 20164MINS

Aluminium China joins hands with Guest of Honour India to explore Southeast Asian market

Upon the closing of the “Two Sessions”, it has become a central topic that China’s economy has entered the “New Normal”. The Report on Government Work made by Premier Li Keqiang has set the GDP growth target of 6.5-7 per cent for the year of 2016 based on a comprehensive assessment on the...

CBIX up, Malaysia exports to resume
17 MAY 20162MINS

CBIX up, Malaysia exports to resume

Bauxite prices were up 3.5 per cent (US$1.5/dmt), closing at US$44.9/dmt for the week, driven by higher ViU-priced cargos from Brazil. In Malaysia, AK and Spring Energy have resumed mining and are planning to export through Kemaman port, some 20-30km north of Kuantan port. We therefore expect to...

Indonesia's Inalum to double aluminium output to 500,000 T/yr by 2020
12 MAY 20161MINS

Indonesia's Inalum to double aluminium output to 500,000 T/yr by 2020

PT Indonesia Asahan Aluminium (Inalum), Indonesia's state-owned aluminium producer, has announced plans to increase its aluminium smelting output to 500,000 tonnes a year by 2020. The current production level of the aluminium producer stands at 260,000 tonnes per annum, said Dante Sinaga, who heads...

Indonesia also on Nalco's radar to set up aluminium smelter
11 MAY 20162MINS

Indonesia also on Nalco's radar to set up aluminium smelter

Aluminium maker national Aluminium Corporation (Nalco) is also scouting for locations in Indonesia to set up a five lakh tonnes per annum smelter as it eyes to rationalise cost of operations and cater to the expected rise in demand. The government had earlier hired consultants to scout for...

Outlook remains bright for Malaysia's largest integrated aluminium producer
05 MAY 20162MINS

Outlook remains bright for Malaysia's largest integrated aluminium producer

The near to medium term outlook of the South-east Asian aluminium producer Press Metal Bhd (Press Metal) remains bright, driven by the increased capacity from its Samalaju Phase 3 project, observed a recent industry report. The integrated aluminium major's Phase 3 smelter in Samalaju is at the...

Concerns remain about new Pahang bauxite mining measures
02 MAY 20163MINS

Concerns remain about new Pahang bauxite mining measures

A gamut of measures have been taken to systematize bauxite mining and transport in Pahang Malaysia, ever since the moratorium ended last month. As per the new rules, safer pakamatic lorries will be transporting bauxite on newly designed routes to new safer storage sites for stockpiles. The routes...

Malaysia's Tan Chong to sell aluminium casting assets for RM5.7 mil
28 APR 20163MINS

Malaysia's Tan Chong to sell aluminium casting assets for RM5.7 mil

Tan Chong Motor Holdings Bhd (TCM) has proposed to sell off assets of loss-making subsidiary TC Aluminium Castings Sdn Bhd to sister company APM Automotive Holdings Bhd for RM5.701 million cash. TCM and APM has a common shareholder, namely Tan Chong Consolidated Sdn Bhd (TCC). TCC owns 43.88% of...

Pahang ministry hopes bauxite SOPs ready before moratorium ends
28 APR 20162MINS

Pahang ministry hopes bauxite SOPs ready before moratorium ends

The Natural Resources and Environment Ministry of Pahang, Malaysia, is hoping that improvements to the standard operating procedures (SOPs) for bauxite mining can be finalised before the expiry of the moratorium on the activity. Its Deputy Minister Hamim Samuri said, however, the new SOPs would...