News

Hulamin: Record sales

Hulamin, a leading aluminium product and beverage can maker released full year 2016 results earlier this week and reported record sales volumes and double profit after tax.   The company was ridden by irregular electricity supply from Eskom and gas supply problems during the last year. However, the group managed to get over the bottlenecks and achieve record production and sales volumes during 2016, CEO Richard Jacob said. Hulamin failed to pay any dividend in 2015 after paying a 25c dividend in 2014. The group declared a final dividend of 15c and 8c interim dividend to make...

Orbite: 1 tpd HPA

Orbite is approaching 1 tonne per day of HPA production. "We are very pleased with the progress of production, and we are on the doorstep of our intermediate goal of continuous 1 tpd production," stated Glenn Kelly, CEO of Orbite. "In the coming weeks we will continue to produce HPA, while completing test runs to calibrate how equipment and operations respond to certain changes in feed, temperature and throughput. We will then progress towards feeding higher purity ACH crystals to achieve 5N+ product and then continue our ramp up to nameplate capacity."

EGA joins ASI

Emirates Global Aluminium has become the first Middle East-headquartered aluminium company to join the Aluminium Stewardship Initiative, which brings the world’s leading mining and metals companies together with household-name aluminium customers to set global standards for governance, environmental and social responsibility. EGA has invested almost $1 billion since 2010 in environmental technologies and facilities to reduce and manage its emissions and waste, and makes important social contributions including creating employment, spurring broader economic development and...

New rolling mill

Danieli Fata Hunter has supplied and installed a cold rolling mill and a tension leveling line at the new Eurometal greenfield plant located in the new Kleszczów Industrial Park in Poland.  The cold rolling mill produces 120,000 tpy of aluminium coils, coming from two casting machines, with a thickness of 10 to 6 mm and which are rolled down to a minimum thickness of 0.15 mm at a max speed of 1200 m/min., with a max strip width of 2.1 meters. Equipped with the induction heating system for tight edges control, a new VOC emission control to guarantee low...

AOG and GE agreement

GE and Aluminium of Greece (AOG), a Mytilineos Group subsidiary, have signed a 10-year agreement in Dubai to implement global first-of-their-kind digital smelter solutions for AOG to enhance its aluminium smelting process and contribute to increased operational efficiency and productivity.   The digital solutions are a significant step in charting the next generation of smelting operations globally. The agreement was signed by Dimitris Stefanidis, CEO of Aluminium of Greece and Joseph Anis, President & CEO of GE’s Power Services business in the Middle East and...

Ardagh investment

Ardagh Group has announced an important investment in its Rugby manufacturing plant  for the purpose of converting its beverage can production capabilities from steel to aluminium. This venture will serve to support committed partnership agreements with some of the most well-established beverage brands in the world. The timeline for the conversion involves project commencement in Q4 2017 and with an anticipated completion in Q1 2018. The investment in the UK plant’s manufacturing capabilities signals a clear intent from Ardagh Group in the continued development of its...

Tomago shut down fears

Australia's Tomago aluminium smelter has been forced to cut its power to conserve electricity as a heat wave grips much of the country. The state’s power grid has been pushed to the max and beyond, as temperatures have risen above the century mark over the past few days.  Tomago Aluminium’s CEO Matt Howell confirmed that the plant was able to restart one potline on Friday and had high hopes for restarting a second line. Nevertheless, it could take up to a week to return the plant to normal operating conditions he said. “That’s our concern. Every...

Recycling congress success

European Aluminium reiterated its commitment to the circular economy at this week’s 14th International Aluminium Recycling Congress. Europe plays a leading role in this debate but will need to cooperate more closely on a global level to close the loop. EU policymakers should ensure equivalent standards for treating exported EU scrap to truly impact the global stage. On 7 and 8 February, over 150 delegates flocked to Manchester from across Europe to participate the 14th International Aluminium Recycling Congress. A biennial event, this edition’s theme was Recycling at...

IAI: New online tool

The International Aluminium Institute (IAI), the global association of aluminium producers, has launched a new web-based tool to visualise the aluminium value chain, from bauxite to scrap, including inter-regional trade flows. In a fast changing sector, which has seen new regions of production and consumption - led by China - grow at unprecedented rates in recent years, understanding inter-regional flows of raw materials and final products has never been more important. The IAI's mass flow visualisation, available at http://www.world-aluminium.org/statistics/massflow, allows...

EGA chooses Fluor

Emirates Global Aluminium has announced that its subsidiary Guinea Alumina Corporation has awarded an engineering and programme management consultancy contract for its under-construction bauxite mine in the Republic of Guinea in West Africa to Fluor Corporation. The total value of contracts and purchases to be managed by Fluor is approximately $700 million.  Fluor will work with GAC to develop a 12 million tonne per annum bauxite mine in the Boké region of Guinea, a dedicated export terminal at Kamsar on the Guinean coast, and rail and other infrastructure upgrades....