Rusal plans to start construction of the second stage of the Boguchansk aluminium smelter in 2025, according to Renaissance Capital. This expansion will double the smelter’s production capacity to 596,000 tonnes per year, with the start-up complexes being commissioned in stages until 2030. The total investment in the project will be updated by the end...
READ MOREThe U.S. Department of Commerce has finalized its decision in an anti-dumping investigation regarding aluminium extruded profiles and related products imported from 14 countries. These countries include China, Colombia, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, South Korea, Thailand, Taiwan, Turkey, the UAE, and Vietnam. The investigation has resulted in anti-dumping duties ranging from 2.02% to...
READ MOREVedanta announced that its aluminium production for the July-September period totaled 609,000 tonnes, marking a 3% increase compared to the same period last year. The company’s total aluminium production in the first half of the current financial year reached 1.21 million tonnes, also reflecting a 3% year-on-year growth. During the September quarter, alumina production from...
READ MOREStarting October 8, the Moscow Exchange will begin trading new futures contracts for copper, aluminium, nickel, and zinc. These contracts will have a quarterly circulation term, aligning copper and nickel futures with the existing quarterly terms for aluminium and zinc, which previously had one-month terms. The new contracts will feature lots that are 10 times...
READ MOREXinjiang Technology officially launched its Phase II aluminium and titanium alloy production project on September 5. The project, located in Haimen District, builds on the company’s Phase I success in magnesium alloy production and represents a significant provincial industrial initiative in collaboration with China Aerospace Equipment. The total investment in the new titanium alloy project...
READ MOREScandium Canada has filed a provisional patent for its two aluminium-scandium alloys and their powders, designed specifically for additive manufacturing (3D printing) applications. The filing was made with the US Patent and Trademark Office under the title “Aluminium alloy powders for additive manufacturing. Methods of producing the same and uses thereof.” The alloys, developed in...
READ MOREHydro has announced the expansion and relocation of its Hydro Aluminum Technology Center (HATC) to Cassopolis, Michigan, a move that enhances the company’s research and development capabilities in aluminium products. The new facility aims to support the growing demand for low-carbon aluminium in the U.S., with a focus on key sectors such as automotive, transportation,...
READ MOREAluminium Duffel has officially commissioned its new €26 million milling installation, capable of processing up to 400,000 tonnes of aluminium annually. This investment marks a significant step for the company, allowing it to handle the milling of its aluminium slabs in-house, particularly those required by the automotive sector. Previously, some of the slabs were processed...
READ MOREThe London Metal Exchange (LME) is keeping a close watch on the tightening aluminium market, where the October contract has experienced a significant shift. A sharp premium has emerged in the spread between October and November contracts, alongside one party holding a large long position in the October market. “The LME is closely monitoring the...
READ MOREUK-based startup Caldera has introduced a modular heat storage technology, Megacell, which uses a composite of recycled aluminium and volcanic rock to store heat for industrial processes and on-site photovoltaic energy. The technology is being promoted as a key tool for decarbonising industries by replacing conventional gas boilers with on-demand heat from renewable sources. Megacell...
READ MOREALRO, one of Europe’s largest aluminum producers, has announced the opening of its new aluminum processing facility, Cutsmart Systems, in Slatina, Romania. The facility, developed with an investment of RON 13.7 million (approximately USD 2.9 million), is designed to enhance ALRO’s production capabilities by providing precision cutting services tailored to various industries’ needs. The launch...
READ MOREBridgnorth Aluminium has embarked on a £2 million investment in new technology at its 66-acre site in Shropshire, marking a significant step in its long-term growth strategy. The company, which employs over 330 people, reported a 33% increase in sales in 2024 and is actively recruiting for an additional 10 roles to support its expansion....
READ MORERio Tinto has finalized the acquisition of Mitsubishi Corporation’s 11.65% interest in Boyne Smelters Limited (BSL), as announced on 30 September 2024. BSL operates the Boyne Island aluminium smelter in Gladstone, Australia. With this transaction, Rio Tinto’s ownership stake in BSL has increased to 71.04%. Rio Tinto expressed its commitment to collaborating with its joint...
READ MORENorwegian aluminum producer Norsk Hydro announced on September 25 that it has begun operations at an advanced aluminum scrap sorting facility in Michigan, USA, through its joint venture, Alsort. The facility, which uses proprietary sorting technology, is expected to provide Hydro with a stable supply of raw materials for the production of low-carbon aluminum products....
READ MORERusal, the world’s largest aluminum producer outside of China, anticipates that the global aluminum market could edge closer to balance by 2025. The company expects demand to rise, aided by lower borrowing costs and China’s economic stimulus measures, helping to reduce the current supply surplus. Russia’s Rusal, which accounts for 5.5% of global aluminum production,...
READ MOREKezad Group and UAE-based Azizi Developments have entered into a 50-year land lease agreement for the construction of 12 advanced factories in Kezad Al Ma’mourah (Kezad A). With an investment of AED 1 billion ($270 million) from Azizi Developments, the project will include facilities for a variety of manufacturing processes essential to the construction industry....
READ MORERusal shareholders have voted in favor of not distributing dividends based on the financial results of the first half of 2024, according to a company statement. A total of 62.75% of shareholders who participated in the meeting supported the decision to withhold dividend payments for this period. This follows a trend from earlier votes, where...
READ MOREAnton Alikhanov, Minister of Industry and Trade of the Russian Federation, took part in the official launch of a new aluminum cap production line at Arnest Packaging Solutions in the Moscow region. Joining him at the event were Ekaterina Zinovieva, Deputy Chairman of the Moscow Region Government, Alexey Sagal, President of Arnest Group, and Alexander...
READ MOREEmirates Global Aluminium (EGA), the world’s largest premium aluminium producer, has completed the acquisition of a majority stake in U.S.-based aluminium recycling company Spectro Alloys Corporation. The deal expands EGA’s operations across four continents, with production capabilities ranging from bauxite mining to aluminium recycling. The acquisition strengthens EGA’s presence in the United States, one of...
READ MOREChina’s aluminium industry is poised for increased output as demand remains robust and power supplies improve. However, rising costs for essential raw materials like bauxite and alumina are expected to limit producer profits, posing challenges for the country’s aluminium sector. Improved power availability, especially in Yunnan province, will support higher production levels. Analysts from Shanghai...
READ MOREAlcoa of Australia has extended power supply arrangements for its Portland Aluminium Smelter through mid-2035, securing new agreements with AGL that will allow the facility to approach full production capacity. The smelter, which is currently operating at around 80% of its 358,000-ton annual capacity, now has greater certainty about its long-term prospects. The newly announced...
READ MOREGlobal alumina production held steady in August, reaching 12.51 million tons, according to the International Aluminium Institute. The output was virtually unchanged both from July’s figures and from the same period last year. Daily average global alumina production saw a slight increase, reaching 403,612 tons in August, compared to the revised figure of 403,581 tons...
READ MORERussia significantly increased its aluminum exports to China during the first eight months of 2024, reaching a record $2.3 billion, according to an analysis of Chinese customs data by RIA Novosti. This represents a 1.4-fold increase compared to the same period last year and a dramatic rise from $60.6 million in 2019. While aluminum sales...
READ MOREScandium Canada, a technology metals company, has filed a provisional patent with the United States Patent and Trademark Office for aluminum scandium (Al-Sc) alloy powders specifically designed for additive manufacturing (AM). Developed in collaboration with McMaster University in Ontario, the alloys represent a significant intellectual property milestone after three years of research. The new patent,...
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