Press Metal Aluminium Holdings Berhad, Southeast Asia’s largest aluminum smelter, announced today a new joint venture with PT Alakasa Alumina Refineri (AAR), PT Dinamika Sejahtera Mandiri (DSM), and PT Kalimantan Alumina Nusantara (KAN). The collaboration will see KAN establish and operate an integrated alumina refinery, power plant, jetty, and supporting infrastructure in Sanggau, West Kalimantan, Indonesia. The initial phase of...
China’s imports of unwrought aluminum and aluminum products rose by 1.9% in August, reaching 280,000 metric tons compared to the same month last year, according to customs data released on Wednesday. For the first eight months of the year, total aluminum imports amounted to 2.58 million tons, a 51% increase year-on-year. The figures cover both primary metal and unwrought, alloyed...
Aston Martin has been awarded £6 million in UK Government funding through the Advanced Propulsion Centre UK (APC) to support the development of 100% recycled aluminium castings for its future models. This funding will be directed toward Project PIVOT, a collaborative initiative led by Coventry-based aluminium supplier Sarginsons. The project aims to revolutionize the casting industry by enhancing the design,...
The potential merger would position the combined entity as one of the largest aluminium producers globally, offering numerous strategic advantages, including increased production capacity, a broader global presence, improved environmental, social, and governance (ESG) performance, enhanced energy security, and greater shareholder value. HE Khalid Al Rumaihi, Chairman of Alba’s Board, emphasized that this partnership aligns with Alba’s growth strategy, positioning...
The United States Geological Survey (USGS) reported that domestic primary aluminum production in the US was 55,000 metric tons (t) in June 2024, with average daily production at 1,830 t. This marks a slight decrease from the 1,840 t reported in May 2024, 12% less than in June 2023, and 30% lower than June 2022 levels. Aluminum recovery from scrap...
Saudi Arabian Mining Company (Ma’aden) has announced a major acquisition deal to purchase the remaining shares of Ma’aden Bauxite and Alumina Company (MBAC) and Ma’aden Aluminium Company (MAC), previously held by subsidiaries of Alcoa Corporation. The Share Purchase and Subscription Agreement (SPSA), signed on September 15, 2024, will allow Ma’aden to acquire a 25.1% stake in both MBAC and MAC,...
Japan Develops Innovative Alloy for Aviation Researchers at Japan’s National Institute of Materials Science have created an alloy of titanium and nickel that combines the strength of steel with the elasticity of rubber. In experiments, the alloy was elongated by 50% and then further stretched by 12% after being heated to 300°C. This process resulted in the alloy being able...
In July 2024, Russia reclaimed its position as the top aluminum supplier to South Korea, increasing exports by 48% compared to June, reaching 29.8 thousand tons, according to reports from *RIA Novosti*. This marked the highest volume since March and amounted to $78 million in shipments. Russia had previously been the leading supplier in March but dropped to second through...
Aluminium prices in China are projected to trend higher in September, supported by favorable macroeconomic conditions and a decline in production, particularly in Yunnan province, according to analysts from the Shanghai Metals Market. Production growth is anticipated to slow, with an estimated year-on-year increase of just 1.4% to about 3.6 million metric tons for the month. Analysts expect the most-traded...
Hydro has inaugurated a new aluminium recycling plant in Székesfehérvár, Hungary, designed to process 15,000 tonnes of post-consumer scrap annually. The facility, which is expected to scale up production over time, addresses the increasing demand for low-carbon, recycled aluminium, particularly from the automotive sector. Eivind Kallevik, Hydro’s President and CEO, highlighted the growing market for sustainable materials, driven by key...
