您想继续阅读英文文章还
是切换到中文？
是切换到中文？
THINK ALUMINIUM THINK AL CIRCLE
The month of December and also the year 2021 ended and the global aluminium industry welcomed the New Year 2022 with a lot of hope and desire. However, the month of December 2021 documented some very important decisions floated by various industry giants. The Romanian aluminium producer, Alro's aluminium smelter has already commenced the closedown procedure, as it has planned to slash down 60% of the production during the first phase. The Dunkerque Aluminium in France has also slashed its production output due to a surge in energy prices, while in India, the flagship company of Adani Group, Adani Enterprises declared that it has engulfed a wholly-owned subsidiary Mundra Aluminium Limited on 17th December 2021.
China's aluminium sector, the world's largest, is growing increasingly reliant on foreign supply of the ore needed to produce the metal, highlighting the country's long-term reliance on imported raw materials. Domestic mining has been hampered by depletion of local resources, dropping ore grades, and harsher environmental laws, resulting in a drop in local bauxite output since 2018.
To know more: https://www.alcircle.com/news/chinas-aluminium-industry-becomes-highly-reliant-on-foreign-supply-for-bauxite-73093
The leading industrial conglomerate committed to a sustainable future, Norsk Hydro stated that the company will invest R$ 1.3 billion ($230 million) at its Alunorte alumina refinery in Brazil to supersede heavy fuel oil with natural gas. According to the global aluminium giant, Alunorte’s transition project from heavy fuel oil to natural gas is a crucial step for Hydro’s climate strategy and global commitment to diminish greenhouse gas emissions by 30% by 2030. However, the alumina refinery has a production capacity of 5.8 million tonnes per year.
To know more: https://www.alcircle.com/news/hydro-to-invest-230-million-in-alunorte-alumina-refinery-for-transition-to-natural-gas-73141
The Indian multinational conglomerate, headquartered in Ahmedabad, Gujrat, Adani Group, led by billionaire businessman Gautam Adani is all set to invade into the business of establishing up an aluminium smelter and alumina refinery. However, Industry experts suspect that by creating a subsidiary, Adani Enterprise could be drawing up the ground to partake in the bidding process for privatising state-owned National Aluminium Company Ltd. (NALCO), which is anticipated to be considered soon by the Cabinet.
The President of the trade union within Alro Slatina, Constantin Popescu stated that integrated aluminium producer, Alro has initiated a program of a complete shutdown of the production activity due to the surge in electricity prices. Alro remains one of the biggest aluminium companies of Romania and also the largest producers in continental Europe excluding Russia and the Scandinavian Peninsula. Alro Slatina is also a substantial energy consumer of Romania.
To know more: https://www.alcircle.com/news/romanias-alro-slash-production-at-the-aluminium-smelter-intent-for-total-close-down-74193
According to a labour union spokesman, Aluminium Dunkerque Industries France has reduced metal output in the last two weeks due to a rise in power rates. The reductions correspond to around 3% of Aluminium Dunkerque's manufacturing capacity. Since the beginning of November, the plant has lost nearly 20 million euros ($22.6 million), and more curtailments may be necessary if electricity prices continue to remain high.
To know more: https://www.alcircle.com/news/aluminium-dunkerque-reduces-metal-output-due-to-rise-in-power-price-74202
The government of India may ponder slashing import duties on products like aluminium, steel, copper, etc. in the budget to dispense some relief to SMEs that have been heavily impacted by the escalation of input costs, as reported by two industry experts aware of this development. The experts also commented that an announcement on this is anticipated in the upcoming budget. However, no one from the ministry has commented on this as of yet.
To know more: https://www.alcircle.com/news/india-govt-may-slash-import-duties-on-aluminium-and-other-commodities-sources-74220
Commonwealth Rolled Products Inc. will invest more than $167 million in its Lewisport aluminium rolling factory, says Kentucky Governor Andy Beshear. The 2.3 million-square-foot facility, which is now owned by New York-based American Industrial Partners (AIP), contains a large cast house and melt shop. According to the governor's office, the Commonwealth investment will include new equipment and facility modifications to modernise the business and better position the Commonwealth to service automotive and industrial clients.
To know more: https://www.alcircle.com/news/lewisport-aluminium-rolling-mill-to-receive-us167-million-investment-from-commonwealth-inc-74192
Saturnose, a US-based battery development company, is working on an aluminium-ion battery that it hopes to commercialise next year. The Delaware-based company is testing an improved altered aluminium ion (Ea2I) battery with an energy density of 550Wh/L, which is 20 per cent higher than the best lithium-ion battery energy density of 475Wh/L, according to the company.
To know more: https://www.alcircle.com/news/saturnose-manufactures-new-aluminium-ion-battery-aiming-to-replace-lithium-ion-batteries-73095
Aluminij Industries d.o.o., a part of the M.T. Abraham Group and Anglo-Swiss multinational commodity trading company, Glencore International AG has inked a contract for the supply of 300,000 tonnes of primary remelt aluminium, covering the anticipated consumption for 2022 and 2023.
Norsk Hydro has announced that it will build a new remelt facility at its aluminium extrusion plant in Szekesfehervar, Hungary, with an annual capacity of 90,000 tonnes. Hydro’s extrusion plant in Hungary is the largest in Europe, having six presses and extensive fabrication and surface treatment capabilities.
Responses
