Aluminium unibody marks a major design upgrade in iPhone 18 Pro Max
Apple’s iPhone 18 Pro Max has moved from a titanium frame to an aluminium unibody, marking one of the biggest material changes. The new phone uses an aluminium unibody alongside 40 per cent recycled content, while adding a larger display, upgraded cameras and longer battery life. The iPhone 15 Pro...
AL Circle Analysis: Import rise meets demand growth on aluminium extrusion chessboard
Aluminium’s downstream trade network is getting more fragmented as import dependence, changing end-use demand and trade-policy interventions reshape regional markets. From North America and Europe to Asia-Pacific, the aluminium industry is navigating a market where access to supply, competitive...
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Bio-Clean International ties up with Kyrgyz Alumina Inc. for mining operation
Bio-Clean International, Inc. announced that the Company has entered into a Joint Venture agreement with Kyrgyz Alumina Inc., a Nevada Corporation. Under this agreement, the two corporations will form a new limited liability corporation which will seek to acquire mining interests, ore and mineral...
The light metal settled down USD 0.8/mt at USD 1,868/mt: SMM Morning Review
LME aluminum rebound during early trading on Monday supported by an 7.6% month-on-month growth in new home sales in the United States, but still dipped to a fresh one-year low of USD 1,852/mt as Spain and Cyprus’s aid calls and Moody’s downgrade on the Spanish banking sector shadowed efforts to...
MHM Metals strengthens foothold in U.S. recycling market
MHM Metals has inked its fourth U.S. contract for the supply of feedstock to the company’s planned salt cake and black dross recycling facility in Russellville, Kentucky. The supply contract is an important milestone and a precursor to completing financing of the company’s first U.S. aluminium...
Rising Aluminum Costs to cause price hike in Eco Wind Chimes
Eco Wind Chimes, a subsidiary of Just One Moon, the leading provider of fair-trade and environmentally responsible international products, has announced their tuned wind chime collection will undergo a marginal price increase on Friday, June 22, 2012, due to growing material costs sourced from the...
Companies Turn to JOMAC for Aluminum Trucks and Cranes
An increasing number of auto manufacturers now prefer to build cars and light trucks out of aluminum rather than steel. According to the Aluminum Association, the metal is a key solution in meeting the final fuel economy standards and green gas emissions rules laid down by the U.S. Department of...
Price of aluminum drops further as Century lobbying for lower rate
As Century Aluminum lobbies for a new power rate that could force Appalachian Power customers to pay higher bills when aluminum prices drop, the price of aluminum is doing just that. Aluminum prices closed $1,879.50 per ton on the London Metals Exchange Thursday morning. This week was the first...
U.S. prosecutors agree to pretrial gathering of evidence in Alcoa bribery lawsuit
U.S. prosecutors dropped objections to the pretrial gathering of evidence in a lawsuit by Bahrain’s state-owned aluminum producer, which claims it overpaid for raw materials because of bribes directed by Alcoa Inc. (AA) Aluminium Bahrain BSC, known as Alba, claims that New York- based Alcoa bribed...
Shareholder sues Alcoa over bribery lawsuit
Alcoa is tangled in another legal hassle when a South Carolina woman claims in lawsuit filed Tuesday in federal court in Pittsburgh that 14 current or former Alcoa Inc. board members ignored her request that the company investigate and take action to limit the company’s liability in an...
Aluminum fell on weak demand
Industry metals apart from aluminum rose despite weak industry data from the US. US factory production shank last month and consumer confidence data missed expectations. Aluminum was the only loser as global economic instability and weak demand continued to force aluminum producers to reduce output...
Century Aluminum Crosses above its 10-day Moving Average
Today, shares of Century Aluminum (NASDAQ:CENX) have crossed bullishly above their 10-day moving average of $7.23 on a volume of 468K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term. In the past 52 weeks,...
Novelis and U.S. Conference of Mayors Announce Winners of Cans for Cash Recycling Challenge
The winners of the 2012 Cans for Cash(TM) City Recycling Challenge were announced yesterday by the United States Conference of Mayors and Novelis Inc., the global leader in rolled aluminum products and aluminum can recycling. Established in 2004, Cans for Cash(TM) is a national contest that rewards...
Bankrupt aluminium producer ZALCO sold to Dutch, U.S. firms
Parts of bankrupt Dutch aluminium producer ZALCO will be bought by a Dutch and a U.S. company, which will continue casting and anode production but smelting operations will cease, the Dutch buyer and an administrator said on Monday. ZALCO, which had a production capacity of 275,000 tonnes per year...
GKN Aerospace to supply key titanium and aluminium components for Boeing 787-9 Dreamliner
GKN Aerospace has been awarded a contract by Boeing, to supply complex machined titanium and aluminium parts and assemblies for the horizontal stabiliser of the 787-9 Dreamliner. Manufacture and assembly work will be undertaken at GKN Aerospace facilities in Long Island, NY, and St. Louis, MO, USA....
Metal Recycling Co. Pleads Guilty of Failing to Report Emissions
A Minnesota company that recycles metal to make aluminum alloy pleaded guilty on Thursday in federal court for failing to report pollutant emissions to the EPA and the Minnesota Pollution Control Agency (MPCA), the Department of Justice said. The plea agreement requires Spectro Alloys Corporation,...
Aluminium demand in North American on the rise
Preliminary estimates of total aluminium demand in the USA and Canada for Q1 2012 totaled 5.8 million pounds, a 7.5% increase over Q1 2011. Compared to April 2011, net new orders of mill products reported by domestic producers increased 3.7%. A significant increase was seen in demand for...
Rosemount aluminum recycling plant faces $1million environmental fines
A Rosemount alumnimum recycling operation faces more than $1 million in fines, civil penalties and required plant upgrades for violating clean air laws and trying to conceal it. Spectro Alloys Corp. pleaded guilty Thursday in federal court and was fined $500,000. A pending civil enforcement...
Century Aluminum has the Lowest Enterprise Value to Sales Ratio in the Aluminum Industry
The three companies in the Aluminum industry with the lowest Enterprise Value (EV) to Sales ratios are listed by Financial News Network Online (FNNO). EV/Sales gives investors an idea of how much it costs to buy the company's sales and the lower the ratio, the more undervalued the company is...
SAFTI First launches SAFTIfire Framing AL20 fire rated Aluminium Doors
SAFTI FIRST, leading USA-manufacturer of fire rated glazing and framing systems, is pleased to announce the addition of SAFTIfire Framing AL20 to its growing product line. SAFTIfire Framing AL20 by SAFTI FIRST is a 20-minute, full-vision, stile and rail aluminum door that incorporates SuperLite I...
