Kettering-based building and engineering products supplier Alumasc Group PLC has announced its agreement to acquire ARP Group, a leading manufacturer and distributor of specialist metal rainwater and architectural aluminium goods. ARP Group consists of ARP Group Holdings Ltd and its subsidiary Aluminium Roofline Products Ltd, along with Rainwater Online Holdings Ltd and its subsidiaries Envelope Solutions Ltd and Cast Iron...
Aluminium news
Rio Tinto and Giampaolo Group Join Forces for Low-Carbon Aluminum Production
Rio Tinto, a global leader in aluminum production, and Giampaolo Group, one of North America’s largest fully-integrated metal management businesses, have entered into an agreement to form a joint venture focused on manufacturing and marketing recycled aluminum products. The joint venture is driven by the partners’ shared commitment to meeting the rising demand for low-carbon aluminum, a crucial material in...
“Monocrystal” Aims to Double Market Share of Aluminum Paste in China by 2023
According to the annual report of AO Concern “Energomer,” the “Monocrystal” group of companies (the only European manufacturer of pastes for solar cell metallization, part of the industrial holding “Energomer”) plans to double its market share of aluminum paste in China by 2023. The report was published on Thursday. “In the solar energy paste market, the dominant technology continues to...
EU Boosts Recycling and Processing Targets, Adds Aluminium to Critical Raw Materials List
European Union countries have reached an agreement to increase proposed targets for recycling and processing raw materials as part of their green transition. Additionally, aluminium has been included in the list of essential minerals. The Critical Raw Materials Act is a key component of the EU’s strategy to ensure competitiveness with the United States and China in the production of...
A projected future: Russia plans to build new factories and more
Every year in June, Russia traditionally hosts the St. Petersburg International Economic Forum (SPIEF). This year was no exception: despite the sanctions against Russia, the forum took place and was attended by a large number of delegates from all of its regions. It discussed not only the prospects of Russia’s economic development, but also concluded agreements on the implementation of...
Norsk Hydro signs 15-year agreement with Statkraft
Norsk Hydro ASA, a Norwegian aluminium producer, has signed a power purchase agreement (PPA) with Statkraft through its affiliate, Hydro Energi AS. The PPA entails the delivery of 0.44 TWh of renewable power annually to Hydro’s aluminium plants in northeast Norway until 2038. This agreement will provide Hydro with a total of 6.6 TWh of renewable power over the next...
Shanghai Futures Exchange Gets Okay for World’s First Alumina Futures With Physical Delivery
The Shanghai Futures Exchange has received regulatory approval to launch the world’s first alumina futures with physical delivery. “We will listen to the opinions and suggestions of all parties, rationally design contracts and trading rules, optimize the layout of delivery warehouses, and prudently promote the listing of alumina futures,” the SHFE said on June 2, after receiving approval from the...
Jamalco Alumina Refinery Owners Contemplate Incorporation To Attract Overseas Investment
Jamalco alumina refinery’s operating entities plan to incorporate before they begin seeking the capital needed for further growth. Such was the message coming from its leadership in an interview earlier this month. Jamalco’s Managing Director Austin Mooney said such a move would open the door to investments from abroad. “We are a non-incorporated joint venture, so we are not a...
NioCorp Developments Ltd. Spearheads Scandium Revolution: A New Chapter for Aluminum-Scandium Alloys
In a game-changing initiative set to revitalize the global scandium market, NioCorp Developments Ltd. (NB.T) has announced its intent to undertake commercial-scale production of aluminum-scandium (Al-Sc) master alloy in the United States. Marking a significant leap in the field of critical minerals, this initiative paves the way for unprecedented commercial and defence applications. NioCorp’s plans to produce over 100 tonnes...
Novelis accelerates aluminum automotive part innovation with introduction of roll forming development line
Novelis Inc., a leading sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, today announced the start up of its new roll forming development line. The new development line will help Novelis meet industry demand for a process that can produce large volumes of high-strength aluminum auto parts. Located at the company’s Automotive Customer Solution Center in...