China Sets Fourth-Quarter Aluminium Scrap Import Quota At 306,930 Metric Tons
Beijing issued scrap metal import quotas for the third quarter on Wednesday, with increases in allowed tonnage for aluminium, copper,...
Business
Nalco To Branch Out Into Aluminium Alloys, Battery Production: Chand
In a wide-ranging interview with domestic media, National Aluminium Company Ltd’s (Nalco) chief Tapan Kumar Chand explained the firm’s plan to insulate itself from a volatile aluminium trade by diversifying into a range of new areas, including lithium mining, aerospace alloys, and...
Despite Lobbying, India Government Passes On Rise In Aluminium Scrap Duties
Although the Indian Primary Aluminum Association has intensely lobbied the Indian government for a raise on scrap metal imports, New...
Is Rio Tinto’s ISAL smelter a bargain or a smart investment?
At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s...
Events
Aluminij D.D. Mostar Closes Its Doors As Bankruptcy Proceedings Begin
Despite overtures from Emirates Global Aluminuim PJSC and an infusion of cash from Glencore plc, Bosnian smelter Aluminij d.d. Mostar made the decision to shutter the plant and file for bankruptcy yesterday. Wire services reported that the plant was removed from the power grid just after midnight Wednesday morning due to the firm’s substantial outstanding […]
EGA, Glencore In Talks With Bosnian Government Over Struggling Aluminij Smelter
Talks are underway over the fate of Bosnian aluminium smelter Aluminij d.d. Mostar, as Emirates Global Aluminium PJSC and Glencore plc have both expressed interest to the Bosnian government regarding the formation of a strategic partnership with the struggling plant. According to domestic reportage, EGA is in the early stages of developing a plan for […]
Chinese Researchers Develop Aerospace Aluminium Alloy That Could Lighten C919 By 15 Percent
Chinese passenger jets may soon be 15 percent lighter thanks to a breakthrough achieved by Chinese researchers in the arena of aluminium alloys. Per domestic media, Shanghai’s JuneYao Group has developed a nano-ceramic aluminium alloy that, while lighter than standard aerospace alloys, is up to 30 percent stronger. JuneYao estimates that the new alloy is […]
Gränges And Aurora Labs Ltd Ink Agreement To Discuss Enhanced Cooperation In 3D Aluminium Manufacturing
Swedish rolled aluminium firm Gränges AB and Australian metal 3D printing developer Aurora Labs Ltd signed a Memorandum of Understanding last week that contemplates increased commercial and research ties between the two firms. Operating through its wholly-owned subsidiary A3D Operations Pty Ltd., Aurora and Gränges agreed to a framework for possible future transactions between the […]
Sources Say Glencore And Liberty House Among Trio Of Potential Buyers Of Rio Tinto’s Iceland Aluminium Assets
Sources revealed to Reuters late last week that at least three companies, including Glencore plc, have shown a strong interest in purchasing Anglo-Australian mining giant Rio Tinto Group’s aluminium operations in Iceland, Sweden, and the Netherlands for up to US$350 million. An anonymous source Reuters characterized as being involved in the banking industry reportedly told […]
Is Rio Tinto’s ISAL smelter a bargain or a smart investment?
At least three companies (including Swiss commodity trader Glencore and German Trimet Aluminium) have expressed interest in buying Rio Tinto’s aluminium assets in Iceland, Sweden and the Netherlands, priced at up to US$ 350 million, news agencies reported earlier this month. A ...
Aluminium Extrusions Are Winning The Race For Battery Enclosure In EVs
Battery enclosures for electric vehicles (also called frames, housings or battery packs) have a pretty straightforward purpose: holding and protecting ...
Half-Year Report: Aluminium Prices Still Under Pressure
Base metals prices continued to slide in May and early June, with metals traded on the LME witnessing some serious ...
Aluminium Prices in Q2: A Market Analysis
Base metals prices tumbled in the last week of April and at the start of May, with the aluminium price ...
