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...
Aluminium news
Ma’aden Completes Acquisition of Remaining Shares in Key Bauxite and Aluminum Units
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,...
Weekly Metals News Digest – September 9-13
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...
Russian Aluminum Exports to South Korea Reach Record Levels in July
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 Expected to Rise in September Amid Lower Production and Strong Demand
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 Opens New Recycling Plant in Hungary to Meet Rising Demand for Low-Carbon Aluminium
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...
Rusal Reports 99% Reduction in Emissions with New Aluminum Production Technology
The XII International Congress and Exhibition “Non-Ferrous Metals and Minerals – 2024” opened in Krasnoyarsk on September 10, with experts from 11 countries gathering to discuss advancements in metallurgy technologies. One of the highlights of the event was a presentation by Victor Mann, Technical Director of Rusal, who outlined the company’s progress in using inert anode technology for aluminum production....
Viva ACP Launches Advanced Aluminium Composite Panels for Bus Bodies in India
Viva ACP, Asia’s largest producer of metal composite panels, has introduced a new line of advanced Aluminium Composite Panels (ACP) designed to improve the safety and performance of bus bodies in India. These lightweight panels offer reduced vehicle weight, enhanced fuel efficiency, and better overall performance, while also meeting the new safety standards set by the Indian Ministry of Road...
Baosteel, Baowu, and Kobelco Form Joint Venture for Automotive Aluminium Sheets
Baoshan Iron & Steel (Baosteel), Baowu Aluminum, and Japan’s Kobelco have received approval from the European Commission to establish a joint venture focusing on the production of automotive aluminium sheets. The transaction, reviewed under the EU Merger Regulation, raised no competition concerns within the European Economic Area, as confirmed by the Commission’s simplified merger review procedure. Kobelco will hold a...
Weekly Metals News Digest – September 2-6
Global Zinc Production Continues to Decline Global zinc ore production fell by 3.4% in the first half of 2024 due to reduced demand from metallurgical plants, particularly in China. Zinc orders from galvanized steel plants and hot-dip galvanizing operations have also decreased, according to data from the Lead and Zinc Study Group. China’s zinc concentrate imports for the first seven...