red   Ferrous Processing and Trading Provides Valuable Services
    Ferrous Processing and Trading is one of the nation's premier scrap metal recyclers. This job is one that is a lot more valuable, and a lot more important, than you might think. Scrap metal recycling has a lot of benefits which aren't always easy to see.
Protecting our Nation's Resources Choosing to recycle scrap metal with companies like Ferrous Processing & Trading helps to preserve precious natural resources. Rather than wasting more energy and time mining for virgin ore, manufacturers can use recycled metals to create new products. This helps keep our natural land resources untouched – preserving the delicate balance of the ecosystem and storing these resources away for future generations. By using recycled metal, companies also reduce emissions, water use, and air pollution.
There are over 500 scrap metal recycling companies across the United States. Many of these accept scrap metal for cash. For example, Ferrous Processing & Trading offers cash for ferrous and non-ferrous scrap metal from private individuals and business clients.
The value of scrap metals depend on the type of metal and the current market value. However, you can have your scrap metal evaluated to receive an estimate. Ferrous Processing & Trading is committed to providing the best value for their transactions, giving sellers peace of mind. Precious metals such as gold and silver will bring in more money, and others like copper are also averaging a higher value. However, common metals like aluminum and steel can be found in many household items including appliances or automobiles which can add up quickly.
red   DISA India Slated to Launch the DISA MATCH 24/28
DISA India recently announced that it will be launching First-ever “Made in India” Horizontal Flaskless Moulding Machine, DISA MATCH 24/28 in February
“We at DISA India are proud to bring the launch of the First Fully Made-in-India Match 24/28 machine; we believe it will serve as a game changer for the Indian foundry market. Previously, we launched the DISA MATCH 20/24 which was designed and manufactured to deliver high capacity of 180 un-cored mould/hour and today, we are pleased to report that there are more than 6 lines in operational in Indian foundries. It is indeed a moment of pride for the DISA team that the Indian Operations is now introducing the latest technology locally.” said Viraj Naidu, Managing Director, DISA India Ltd.
Other pioneering showcases from DISA will include the DISA CORE 20 FP, Automatic Mould handling System (AMH) for medium and large DISA MATCH machines and the SATURN HD Wheel and Castings made on DISA high pressure moulding line.
red   India Asks New Zealand to Allocate Mineral Assets to PSUs
    Pushing for allocation of mineral assets to its public sector undertakings, India today asked New Zealand to consider it on a government-to-government basis, fostering business ties between both the nations.
Steel Minister Beni Prasad Verma is leading a high-level delegation to Australia and New Zealand to strengthen ties in the areas such as mining and coal supply as reported by PTI.
"We are looking forward to the Government of New Zealand for allocating mineral assets to Indian public sector companies on a Government to Government basis," Verma told Minister of Energy & Resources, New Zealand in Wellington during an interaction, as per an official statement here.
Verma said the options of joint development of coal mines could also be explored, adding that the trade between the two countries has grown by about 40 per cent during the last four years and can be increased further through better cooperation and synergy.
"During the course of deliberations an understanding evolved that a lot can be achieved by both the countries in the areas of mining," the statement said.
New Zealand government officials expressed their belief in the strength of mutual dialogue and bilateral relations between the two countries, built over the years, it added.
The delegation comprises Chairman of SAIL, NMDC and ICVL, C S Verma; Joint Secretary, Ministry of Steel, S Abbasi; CMD, MOIL G P Kundergi and CEO, ICVL, Ajay Mathur.
red   Aluminium Wheels Industry to Grow at 8.48%
    The global automotive aluminium wheels industry will grow at a CAGR of 8.48% over the period 2012-2016, says a new report.
One of the key factors contributing to this market growth is the increasing demand for vehicles across the world. The global automotive aluminium wheels industry has also been witnessing an increasing manufacturing of wheels in the APAC region. However, the availability of other lightweight wheel material could pose a challenge to the growth of this market.
“Many large global firms are now a days outsourcing manufacturing activities to low-cost destinations in the APAC region to reduce manufacturing costs,” said an analyst from Research and Markets, which published the report.
“In fact, many automotive manufacturers have started product development operations in developing countries to leverage the talented and low-cost labour available there. For instance, in 2011, several automotive companies in Western Europe and North America outsourced a large number of manufacturing operations to China. As a result, the global automotive aluminium wheels industry is growing at a faster pace in developing economies as compared to developed economies.”
One of the main challenges in the market is the availability of other light weight wheel materials such as micro alloyed HSLA steel. This is expected to have a negative impact on the usage of aluminium in automotive wheels.
red   China Reveals First Batch of Approved Bauxite, Alumina, Aluminum Co’s
    China's Ministry of Industry and Information Technology announced Monday a list of bauxite, alumina and aluminum mines/producers that have met the entry requirements for the aluminum industry set by the government. The list announced by MIIT is the first batch of mines / smelters / producers which have been allowed to mine or produce bauxite, alumina and aluminum. The five approved bauxite mines comprise four subsidiaries of Aluminum Corporation of China, also known as Chinalco, as well as Yunnan Wenshan Aluminium.
The eight alumina producers that have been approved comprise six subsidiaries under Chinalco, as well as Henan Nonferrous Huiyuan Aluminium and Yunnan Wenshan Aluminium. Meanwhile, a total of 27 aluminum producers have been approved in the list, such as Chalco Fushun Aluminum, Shanxi Huasheng Aluminum, and Yunnan Aluminium. In addition, Hubei Jinyang Metallurgical is the only recycled aluminum producer that is on the list. The mines and producers in the list have met the environmental standards set by the government.
red   Det-Al Aluminium Introduces Rolling Plants
    After a long testing process, Det-Al Aluminium LLC opened its rolling plants for aluminium coils production with an official ceremony in Ganja, Azerbaijan where the President of Azerbaijan Republic and other high-ranking officials attended. These Rolling Plants will produce around 50,000 tons of aluminium coils and sheets each year which will be mainly exported to foreign markets.
These new plants will make Det-Al Aluminium LLC a leading producer and distributor of flat-rolled aluminium products in Eastern Europe and Caucasus. The products manufactured in Det-Al Aluminium Complex will be used in construction, electric, automotive, packaging, transport and other similar sectors.
“Today is a very important day for Det-Al Aluminium LLC and our country. The opening of two plants will allow us to become the biggest manufacturer of semi-finished aluminium products in the region” told to journalists, Sarkhan Babayev, the General Director of Det-Al Holding.
President Ilham Aliyev looked at the stands and watched a video showing the development of the aluminum industry in the country, construction and installation of Det-Al Aluminum Complex semi-finished aluminum production plants, technological and production processes and product types.
Chairperson of the State Committee on Property Issues, Karam Hasanov mentioned that there are ongoing discussions regarding the export of manufactured products to companies from Turkey, Italy, Poland, Egypt, Russia and Ukraine. It was also mentioned that in the future there will be produced finished aluminium products in Det-Al Aluminium Complex to meet requirements of different industries and sectors.
300 new jobs were created in these new plants. In general, there are 1400 workers at Det-Al Aluminium Complex. This complex will give an important contribution to diversification of non-oil sector, strengthening the industrial capacity of regions and development of non-ferrous metallurgy industry in Azerbaijan Republic.
red   Red Metal Resources Announces Results of Drilling at Farellon
    Japanese State-owned independent administrative institution Japan Oil, Gas and Metals National Corporation will exhibit at the Investing in African Mining Indaba to educate visitors about the company's activities and functions and to identify potential new projects.
Former assistant GM, Jogmec London office Yoshihiro Kojima tells Mining Weekly that the company is in charge of securing a stable supply of oil and natural gas and of ensuring a stable supply of nonferrous metal and mineral resources to the State of Japan.
It is also responsible for the implementation of mine pollution control measures in the country.
Jogmec aims to gather important information during the indaba about the African resources industries and to expand our business networks,” states Kojima, adding that the company has been attending the indaba since 2004.
He further highlights that there are many useful sessions and presentations that the company is looking forward to attending, including the keynote addresses, the African Mining Ministerial Sessions and non-African government presentations.
“Events, such as the Mining Indaba, play a major role in facilitating investment opportunities for the African mining industry,” he states.
African Operations
In August 2013, Jogmec signed a joint survey agreement with the Seychelles Ministry Responsible for Hydrocarbons and Seychelles national oil company Petro Seychelles to evaluate the country's offshore hydrocarbon potential
Based on this agreement, Jogmec will conduct joint geological and geophysical surveys, including a seismic survey with Petro Seychelles, for two years, under the exploration licence granted by the Seychelles government.
Jogmec states that, since the “remarkable” discovery in October 2013 when early surveys indicated a significantly large gas field off the coast of Mozambique, hydrocarbon exploration activities have been conducted by several international companies, the names of which Jogmec is not at liberty to disclose. Successful discoveries have been made off the coast of Eastern Africa by these companies.
“Considering geological similarities between offshore Seychelles and Eastern African countries, we expect promising results through the Seychelles joint survey and the expansion of exploration activities by Japanese companies in the Seychelles,” says Jogmec.
red   Indonesia's Export Ban to 'Slim Down' China's Aluminum Sector
    Let the slim down begin? “China has found an inadvertent ally in its efforts to slim down a bloated aluminium sector, with Indonesia's ban on exporting metal ores set to boost costs of the raw material bauxite and pile more pressure on struggling smelters,” reports Reuters.
“Beijing has been issuing broadbrush rules aimed at reining in overcapacity in sectors such as aluminium and steel for about a decade, but plans have usually been thwarted by resistance from local governments anxious to boost growth.”
“In the aluminium sector, ageing and inefficient smelters are already grappling with rising power prices, but now face potential bauxite shortages after Indonesia halted ore shipments on Jan. 12, as part of efforts to make miners process minerals at home.”
“China is the world's biggest aluminium producer and curbing expansion could ease a global surplus of the metal and even lead to the country resuming sizeable imports of refined aluminum.”
Following a 2.7 percent decline, the Indian aluminum cash price finished as the week's biggest mover on the weekly Aluminum MMI®. The cash price of primary aluminum fell 2.1 percent on the LME to $1,710 per metric ton after rising 1.8 percent the week before. Following a 1.6 percent increase in the week prior, the 3-month price of aluminum fell 2.0 percent on the LME last week to $1,753 per metric ton.
red   Zambia Allows Chinese Copper Mining Firm to Restart
    Zambia's state environmental regulator has cleared Chinese-owned NFCA mining to restart operations at its Chimbishi South East Ore project, an official said, ending a near two-month standoff that had idled the plant in Africa's largest copper producer.
NFCA has up to three months to implement a resettlement plan for locals who will be affected by the project, ZEMA spokeswoman Irene Lungu said Thursday, one of the main issues that led to the suspension of operations at the $830 million mine. The agency in early December ordered NFCA, a unit of China Nonferrous Metals Co. to halt development on the project, accusing the company of flouting environmental laws concerning the company's resettlement efforts and raised concerns about the impact on the local community.
"NFCA has three months to address the critical areas which formed the basis for the suspension," Ms. Lungu said in an emailed statement. NFCA officials weren't immediately available for comment. The company laid off at least 500 workers shortly after the suspension. The development marks an improvement in relations between Chinese mine investors and authorities in the country. In recent years, Chinese-owned enterprises have had a stormy relationship with authorities over environmental and safety issues.
In February last year, ZEMA closed NFCA's Chambishi copper smelter for several days over environmental concerns. That closure paralyzed the processing of copper concentrates by Chimbishi copper mine as well as First Quantum Minerals Ltd.'s Kansanshi copper mines and Africa Barrick Gold's Lumwana copper, which rely on the smelter to treat their minerals. The Chimbishi South East Ore Body was launched early last year, and is part of NFCA's expansion plan, aimed at raising its copper output in the country from 80,000 metric tons a year to more than 150,000 tons over the next two to three years.
red   Germany Up to 89% with Aluminium Packaging Recycling
    Already at a high level, the recycling of aluminium packaging in Germany reached a new peak in 2012, according to a study from the CVM Society for Packaging Market Research. A total of 83 500 tonnes of the 93 800 tonnes used, or 89%, was recycled in that year.
'The high rates of recycling show that we have an excellently-functioning package recycling system in Germany,' says Hans-Jürgen Schmidt, managing director of German Aluminium Packaging Recycling (DAVR). This is mostly due, he says, to the yellow bin system as well as modern technologies such as eddy-current separators. And he adds: 'The potential is there for widening the yellow bin system to include other used products made of metal.'
Based on this latest recycling rate update, DAVR estimates that annual savings in greenhouse gas emissions amount to more than 390 000 tonnes of CO2 equivalents. Given this successful completion of the materials cycle, 'it is appropriate that the surpassing of recycling targets in packaging regulations are fully accounted for in current life-cycle assessments for packaging', comments Christian Wellner, executive director of Germany's Aluminium Industry Association (GDA).
red   Aluminium Market Facing 1.1 Million Mt Deficits in 2014
    The trend in the aluminium market remains one of tightening in current and prospective supply-demand fundamentals, the investment bank said in its latest Metals Magnifier report. The 1.1 million mt deficit forecast for 2014 is divided between a 250,000 mt surplus in China and 1.3 million mt deficits in the rest of the world. "We also project a 1.1 million mt deficit in 2015 and believe that the prospective two years of substantive ex-China stock draws will tighten fundamentals enough to catalyze a rebound in prices and support some sustained pressure on time spreads," Barclays said.
The trend in the aluminium market remains one of tightening in current and prospective supply-demand fundamentals, the investment bank said in its latest Metals Magnifier report. The 1.1 million mt deficit forecast for 2014 is divided between a 250,000 mt surplus in China and 1.3 million mt deficits in the rest of the world.
"We also project a 1.1 million mt deficit in 2015 and believe that the prospective two years of substantive ex-China stock draws will tighten fundamentals enough to catalyze a rebound in prices and support some sustained pressure on time spreads," Barclays said. In 2013, global consumption rose by 7.9% from 2012 to 50.357 million mt, outstripping a 4.5% rise in output to 49.631 million mt, the report said. Chinese production stood at 22.972 million mt, marginally below domestic demand of 23.022 million mt.
The key development on a sequential fundamental basis has been the overwhelming upside surprise in demand strength, the report said, citing data showing October/November primary demand rising 13% year on year, compared with average 7% year-on-year growth for the first three quarters of 2013. "This ties in with the improvement in global manufacturing confidence during the period. In the context of the year-on-year contraction in ex-China output, this supported the deficit development," Barclays said.
red   Rio Tinto Alcan Inaugurates its AP60 Aluminium Smelter in Canada
    Giant global mining company Rio Tinto's Canadian subsidiary, Rio Tinto Alcan, on recently inaugurated the $1.1-billion Arvida aluminium smelter, the AP60 Technology Centre, in Saguenay-Lac-St-Jean, Quebec. The new plant has an installed capacity of 60 000 t of aluminium and is the most technologically advanced aluminium smelter in the world, the company said in a press release. “Rio Tinto Alcan is very proud to inaugurate the new Arvida aluminium smelter, AP60 Technology Centre. Today's milestone is the result of years of work by our research and development teams, particularly the teams that first conceived, developed and tested the AP60 technology at the Laboratories de recherche des fabrications, in France," Rio Tinto Alcan CEO Jacynthe Côté said. The new AP60 technology platform would allow Rio Tinto Alcan to develop a series of next-generation technologies, permitting improvements in productivity, and reductions in energy and environmental footprint in aluminium smelting. The facility would produce 40% more aluminium per cell than the previous generation of AP technology. The 60 000 t plant employs nearly 135 people and reached full capacity in December.
red   Hindustan Zinc Extends CEO Akhilesh Joshi's Term to March 31
    Hindustan Zinc Ltd (HZL) said that its board has extended the term of chief executive officer Akhilesh Joshi by two months. "The board of directors has extended the tenure of Akhilesh Joshi as CEO and whole-time director from February 1, 2014 to March 31, 2014," a filing on the BSE said.
Joshi's term was earlier supposed to end on Friday, January 31. The government, which sold a majority stake in the country's largest zinc maker to Anil Agarwal-led Vedanta Resources in 2002, plans to sell its remaining stake in the company. The Cabinet Committee on Economic Affairs (CCEA) approved the sale of the government's residual stake in Hindustan Zinc on January 20. It holds a 29.5 per cent stake in the company.
red   Pennex to Expand Ohio Aluminum Extrusion Plant
    Pennex Aluminum Co. has announced plans to undergo a $33 million expansion of its Leetonia, Ohio, aluminum extrusion facility. The project will include the installation of an extrusion press line, construction of a specialized fabrication production center and a 170,000-square-foot building expansion.
Pennex is a subsidiary of Metal Exchange Corp., a supplier, processor and purchaser of nonferrous metals that is headquartered in St. Louis. The company specializes in recycling industrial aluminum scrap.
Dave Riebe, Pennex president, says, “This expansion involves advanced technology that will provide unique capabilities to serve our customers. The Leetonia facility is state of the art with a highly motivated and productive team of people. We are excited for our employees and the community, as the expansion will bring new jobs and opportunities.” The Leetonia facility is TS 16949 quality certified and services a range of automotive and engineered product requirements. (TS 16949 are a quality management system developed for the automotive industry and its supply chain.) Pennex says the expansion builds on the company's 35-year history of creating high-quality extruded aluminum products to meet its customers' needs.
Rick Merluzzi, CEO of Pennex, says, “This significant investment reflects our unwavering commitment to serve our long-term customers and prospective customers. The Leetonia expansion follows Pennex's acquisition of the facility in 2010, the expansion of the York, Pa., fabrication facility in 2012 and the 2013 acquisition and restart of the billet casting operation in Greenville, Pa.” To assist with the expansion, the state of Ohio approved a 45 percent, six-year tax credit for the project. “We are grateful for the state's tax credits, Leetonia's support of a 100 percent, 15-year tax abatement and the Port Authority of Columbiana County's partnership with us to facilitate this investment,” says Riebe.
red   BHP may Close Aluminium Smelter in South Africa
    Mining giant BHP Billiton on Monday confirmed that it has begun a formal consultation process with the employees at its bayside aluminium facility, in South Africa, with a view to ceasing operations.
A spokesperson for the miner told Mining Weekly Online that the company had initiated a review of the Bayside operation in September 2012, as the smelter was under “significant and ongoing financial pressure”.
“Our aim is to minimize the impact of any changes on employees and the local downstream industry,” the Australia-based spokesperson said.
“BHP Billiton has been in ongoing discussions with its stakeholders to discuss the challenges faced by the business, explore options for the bayside operation and ensure a sustainable aluminium business can operate in Richards Bay and South Africa.”
She noted that to support the ongoing supply to the local customers, the casthouse within the Bayside operation would continue to operate with supply from BHP's neighbouring Hillside smelter while we assess options for its future.
Decommissioning and rehabilitation of the remainder of the Bayside site, if undertaken, would provide an additional source of employment for the duration of the project.
BHP's South Africa VP for communications and stakeholder relations, Lulu Letlape, said that as the company had worked through the consultation process, the health, safety and wellbeing of its employees would remain a priority.
We are focused on mitigating the impact of potential job losses while ensuring the existence of a sustainable aluminium business in Richard's Bay,” she added.
Bayside is the only producer of value-added primary aluminium products in Southern Africa that are all used in the local market.
red   Copper Falls, Aluminium Drops to 4 Years Low
    BASE metals on the London Metal Exchange (LME) have closed down, with some metals extending multi-week lows, and aluminium extending a four-year price low, before retracing some ground.
At the close of open-outcry trading, LME three-month copper on Thursday was down 0.4 per cent on the day at $US7, 095 a metric tonne. Copper had fallen for the seventh consecutive session. Aluminium closed 0.7 per cent lower at $US1, 729 per tonne, trading at levels not seen since July 2009.
The metals were dragged lower as a second tapering of quantitative easing measures by the Federal Reserve on Wednesday supported the US dollar, denting the appeal of buck-priced assets to buyers holding other currencies.
Also pressuring the LME complex were concerns over demand from top consumer China after data showed manufacturing activity contracted this month. The HSBC purchasing managers' index came in at 49.5 in January, from 50.5 in December. Readings below 50 indicate contraction. The bank's preliminary reading on the sector's health in January, released a week ago, helped spur a selloff in copper.
The nation accounts for 40 per cent of global demand for copper alone, and base metals trading will remain thin for the next couple of weeks as China starts Lunar New Year celebrations on Friday. Amid ongoing uncertainty and rate hikes in emerging markets, some analysts remained cautious toward the outlook for base metals.
"With a wide range of EM central banks starting to tighten monetary policy in the past six months, combined with the slowdown in China, base metals will struggle," said Standard Bank analyst Walter de Wet. "Monetary tightening is negative for industrial commodity demand via a slowdown in real activity on a 12- to 18-month time horizon.”
red Canadian Aluminum Scrap Consumers Merge
    Canada's Rochester Aluminum Smelting acquires Greenway Industries facility in Ontario.Following the acquisition, Greenway will continue to offer tolling services to aluminum plants, extruders, metal brokers and scrap metal dealers to convert a range of aluminum scrap, including aluminum drosses, skimming's, spills, turnings, thermal break, painted extrusions, UBCs (used beverage containers) and irony scrap, into sows.
By adding a third furnace, Rochester says it will be able to provide tolling operations to the market as well as to meet its own production needs for molten metal's and sows. One rotary furnace will be dedicated to supplying Rochester's deox operation with molten metal and sows, adding about 3 million pounds per month of finished product to Rochester's casting capabilities, the company says.
red   Chinese Firm to Construct Aluminium Processing Plant at Shama
    A multi-national Chinese construction firm, Huasheng Jiangquan Group, has identified Shama District as a viable place for the construction of an aluminium processing plant. The District hosts the Aboadze Thermal Plant, the Regulatory and Metering Station of the West African Gas Pipeline Company, the fertilizer factory, the Pra River and vast land.
The District Chief Executive, Mr. Enoch Kojo Appiah told the GNA in an interview that some officials from the Ministry of Trade and Industry visited the project site on Wednesday January 8, to assess its viability.
He said a team from the Chinese firm would also arrive in the District next week for further feasibility studies. He said the district had over 6,000 acres of land reserved for infrastructural development and that the traditional authorities and land owners had expressed their readiness to invest their land as equity.
Mr. Appiah said the plant would be sited between Fomayeh and Anlo Beach, near the Pra River; so that the water source could be used as a cooling agent for the plant which generates a lot of heat. He said the plant would open up the area for more investors and create job opportunities.
“I am so excited after untiring efforts lobbying for investors to invest their monies in the district, moving from one Ministry to another as well as the Ghana Investment Promotion Centre,” Mr. Appiah said.
He said the district was the gateway to the Western Region and the best place for the construction of refineries, real estate development, shopping malls and many other projects.
The Chinese firm intends to invest over $2 billion dollars in Shama with anticipated 5,000 direct jobs to make the region the second industrial hub of the country. Established in 1988 and based in the city of Linyi, China, Huasheng Jiangquang Group had subsidiaries that engage in power production, electrolytic aluminium and burnt carbon products, construction, foreign trade, real estate development, wood processing, ceramic tiles and white porcelain.
red   Alba and Klaveness Reach settlement
    Aluminium Bahrain B.S.C (Alba), one of the world's leading smelters, announced recently that it had reached a settlement agreement with Torvald Klaveness Shipping, whereby each party agreed to waive their respective legal claims. In addition, the parties agreed to enter into a new long term commercial freight contract for the delivery of alumina to Alba by Cabu Chartering AS (a subsidiary of Klaveness).
Klaveness had filed an arbitration claim against Alba in London and Alba had filed a civil claim against Klaveness in Norway. Commenting on the settlement and new contract, Chairman of Alba's Board of Directors, Mahmood Hashim Al Kooheji said, “We are pleased to have reached a settlement with Klaveness and resume normal business relations. Klaveness had been a major freight carrier for Alba in the past and is a well-respected shipping company in the industry. We welcome them back as one of our key freight carriers for alumina."
red   Constellium to Invest €200 Million in European Aluminium Automotive Sector
    Aluminium manufacturer Constellium is to spend €200 million (£166 million) in upgrading its European automotive business thanks to resource efficiency.
It will invest the cash over the next three years in its portfolio of aluminium flat rolled products that are used for Body-in-White (BiW) components such as hoods, doors, roofs and structural parts of cars as reported by resource efficient business.
With the past few years seeing a notable increase in the use of aluminium products in premium car models, the Netherlands-based global company believes that this growth will continue in light of stringent European legislation on CO2 emissions and resource efficiency.
Constellium chief executive Pierre Vareille said: “Constellium is strongly committed to developing its industrial platform and serving the automotive industry globally with innovative and value-added aluminium products. We will therefore continue to focus our energy and resources to develop our global BiW capacity.”
The company, which mainly operates in Europe and US but also has joint ventures in Asia, plans to increase capacity at Neuf- Brisach facility in France and begin BiW production at Singen in Germany in the first phase.
As a result of this, it expects to add up to 40,000 tonnes of capacity with the first BiW coils produced in Singen by mid-2014. In the second phase, Constellium plans to add a new continuous annealing and conversion line in Europe with a targeted capacity of 100,000 tonnes with commissioning to begin in the second half of 2016.
red   Orbite Receives $4 Million from Canada Economic Development
    Orbite Aluminae Inc. was granted a $4 million non-interest bearing repayable financial contribution from Canada Economic Development for Québec regions.
The announcement occurred at Orbite's technology development centre in Laval, Québec, by the Honorable Denis Lebel, the Federal Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Québec.
“We are very thankful for the confidence and financial commitment provided by the Agency which will be dedicated to the purchase and installation of our alumina calcinator, a key element in our high purity alumina production facility,” declared Glenn Kelly, Orbite's Chief Operating Officer and executive VP.
“We are especially pleased that the announcement is taking place at our technology development centre where our state of the art technologies are developed and validated.”
“The Government of Canada actively supports business projects like the one being carried out by Orbite Aluminae in order to ensure sustainable and job-creating growth. These investments in Cap-Chat will generate major positive social and economic benefits for the surrounding area as well as for the entire Gaspésie region,” mentioned Minister Lebel in his speech. The contribution is interest free, repayable in 10 consecutive equal semi-annual installments starting 24 months following completion of the HPA Facility and was awarded through Canada Economic Development's Québec Economic Development Program.
red   Dongxing Aluminium Introduces Excellent Quality Aluminium Foil Strip
    Today, people are leading a busy daily life and this is the reason why the processed food has become a part of the human lifestyle. With the emerging food processing industry, the need for improved quality food packaging materials also comes to the fore. Now, in order to fuel the growth of the food processing industry, China based Dongxing Aluminium is now introducing aluminium foil strips, aluminium foil shielding tape and other food packaging foils. The idea is to produce food packaging materials that can preserve the food for a longer period of time.
The company spokesperson maintains that their aluminium foil strip is perfect for moisture prevention and which helps keeping the food in the perfect condition, maintaining its taste and the nutrition value. The foil helps in maintaining proper insulation, which keeps the food warm and after unwrapping the foil, one can enjoy the freshness of the food. They produce aluminum foils in different dimensions and with varied thickness that can be suitably used for domestic purposes to the food packaging needs of the industry. Different food items require different types of packaging and thus they have foils with varied thickness levels.
The company offers both single-sided and double-sided aluminium foil shielding tapes that can be used in various industries such as air-conditioning besides in the food packaging. These tapes are ideal for magnetic shielding and can be used for offering protection from electromagnetic and radio waves. It can be used to seal the ducts to keep the room temperature lower which can again aid in the preservation of food materials.
In the modern times, the food processing industry is one of the fastest growing sectors with new products hitting the marketplace on a daily basis. For different products, different types of food packaging materials will be required. Dongxing Aluminium assures of supplying the best quality food packaging foil, keeping in mind the custom needs of the food product manufacturers.
red   Alba Breaks All Time Record on Sales
    Aluminium Bahrain B.S.C (Alba) was able to deliver an unparalleled performance in 2013 - sales figures for the year rose by 3.3% year-on-year (YoY) to 919,722 metric tonnes (mt) ahead of the company's own forecast for the period while production figures were up by 2.5% YoY to reach 912,700 mt versus 890,217 mt for 2012.
For the fourth quarter of 2013, sales figures stretched to 237,534 (mt) - a 5.2% YoY increase versus 225,740 mt in Q4 2012; production figures increased by 2,912 mt to reach 229,916 mt as compared to the same period of 2012.
In addition, Alba closed 2013 Value-Added (VA) sales with an average of 66% versus 65% in 2012 while (VA) sales for Q4 2013 represented 66% of the total shipments as compared to 64% for the same period in 2012. Commenting on Alba's sales and production for 2013, Alba's Chief Executive, Tim Murray said: "Alba continues to raise the bar and was able to deliver stretch targets amid tough market conditions. As we move towards 2014, we remain committed to always find ways to further improve our underlining performance and plant reliability."
red   IMG Begins Process for Residual Stake Sale in Hindustan Zinc, Balco
    An inter-ministerial group on Friday started the process of valuation of public sector enterprise Hindustan Zinc Ltd (HZL) and Balco for residual stake sale of these two companies. The process has been initiated so that the stake sale can be completed by March end or before the close of this financial year. The government holds 49% stake in Balco and 29.5% in HZL.
The government is looking at stake sale of different profit making PSU companies before March in its bid to shore up the disinvestment target of `40,000 crore that it had set for itself. “We are in the process of valuing the two companies. The IMG discussed the issuance of Request For Proposals (RFP) for valuation of HZL and Balco,” a senior MoF official said.
“We are working very hard to make it happen by March,” Divestment Secretary Ravi Mathur said. The Union Cabinet had last month cleared stake sale in HZL through auction route while a decision on Balco is yet to be taken.
During 2001-03, the government had sold majority stakes in the two erstwhile PSUs to the Vedanta group. At present, London-listed Vedanta holds 64.92% stake in HZL and 51 per cent in Balco. In January 2012, Vedanta had proposed to acquire the government's remaining stake in the two erstwhile PSUs for about `17,275 crore. After shareholders approval, Vedanta Board is now empowered to make an offer of up to `21,636.56 crore for the remaining government stake in HZL. For Balco, the offer can be up to `3,026.14 crore.
Earlier this week, Vedanta Chairman Anil Agarwal met Economic Affairs Secretary Arvind Mayaram and discussed the stake sale in two companies. Agarwal said that he would bid for the companies if the price offered is lucrative.
red   Uzbekistan Slightly Increases Copper Production in 2013
    Uzbekistan's Almalyk Mining and Metallurgical Combine (AMMC, Almalyk city, Tashkent region), a monopoly producer of copper in Uzbekistan, in 2013 increased production of refined copper by almost three percent to 98,000 tons, the combine management told Trend in Jan.30.
In 2012 the combine produced 95,600 tons of refined copper.
Almalyk MMC is the only copper producer in Uzbekistan and one of the largest manufacturers of non-ferrous metals in Central Asia. The AMMC accounts for nearly 90% of silver production and 20% of gold production in the country. The plant is composed of two mining companies, two processing plants and two metallurgical plants.
The plant is entitled to develop copper-molybdenum and lead-zinc ore fields in Almalyk town (Tashkent region). The copper-porphyry ore Kalmakyr and Sari-Cheku fields (Tashkent region) and lead-zinc-barite ore Uch-Kulach field (Djizzak) are the raw material base.
The total volume of products produced by the combine estimated at more than $ 300 million a year. The combine produces refined copper (cathode), zinc metal, lead concentrate and other products. It exports about 60 percent of output, of which 5 percent goes to CIS countries.
red   Vedanta to Bid for Hindustan Zinc Shares if Price Lucrative - Anil Agarwal
    Vedanta will bid for acquiring remaining government stake in Hindustan Zinc if the price offered is lucrative, its chairman Anil Agarwal said recently as per PTI report.
"We will see the process (for bidding for HZL). If it is lucrative, why not," he said. He was talking to reporters here after a meeting with Economic Affairs Secretary Arvind Mayaram.
On whether he was also proposing to buy residual stake in Balco, another company in which Vedanta had acquired shares from the government, Mr Agarwal said, "We are very neutral.... They (government) are processing it. As and when the process is complete, they will let us know." London-listed Vedanta at present holds 64.92 per cent stake in Hindustan Zinc Ltd (HZL) and 51 per cent stake in Bharat Aluminium Company (Balco).
The company, in January 2012, had proposed acquiring the government's remaining stake in the two erstwhile PSUs for about Rs.17,275 crore. In October 2013, the shareholders gave their nod to raise offers for acquiring the remaining government stake in HZL and Balco by up to 43 per cent or up to Rs. 24,663 crore. After shareholders approval, Vedanta Board is now empowered to make an offer of up to Rs. 21,636.56 crore for the remaining government stake in HZL. For Balco, the offer can be up to Rs.3, 026.14 crore.
Last month, Cabinet had approved government's residual stake in HZL. The stake sale would happen by way of auction route. The market capitalization of HZL currently stands at Rs. 52,900 crore. The government has budgeted to collect Rs. 14,000 crore by selling its residual stake in private companies this fiscal. Majority stakes in the two erstwhile PSUs were sold to Vedanta group during 2001-2003. HZL was sold to Vedanta in two tranches during 2002-2003. Vedanta holds 64.92 per cent stake in HZL through its subsidiary Sterlite Industries (now Sesa Sterlite). Over the years, HZL has become Vedanta's richest profit-making subsidiary and had cash and cash equivalent of Rs. 23,632 crore as of September, 2013.
red   Ukraine Plans to Increase Metal Exports in 2014
    According to the Ministry of Economic Development and Trade of Ukraine, Ukrainian metal producers have every reason to increase exports on the markets of their strategic partners in 2014, the Information-Analytical Bulletin of the Cabinet of Ministers of Ukraine informs.
"According to the analysis of foreign metal roll markets performed by SE Ukrpromvneshekspertiza, the economic situation in developed countries (the U.S. and the European Union) will moderately improve in 2014, which will result in an increase in steel consumption by 3.1% (up 50 million tons) compared with 2013," Anatoly Maksyuta, First Deputy Minister of Economic Development and Trade, declared.
Among the main reasons that may positively affect exports of metal products by Ukraine, experts call a recovery of demand on the Middle East and EU markets, who have been partners of Ukraine in the industry and active consumers of Ukrainian metal. During the first quarter of 2014, according to analytical forecasts, the main factor that drives metal sales on the world market will be a high demand for metal in spring related to the general acceleration of global economic growth, which would entail a slight increase of global consumption of steel.
red   Cansan Aluminyum Orders 32/35 Mn Extrusion Press
    Cansan Aluminyum from Bursa of Turkey has placed an order with SMS Meer, Germany for the supply of a short stroke front loading extrusion press with 32/35-MN press force. The press is to be installed at the Hasanaga Works and can handle aluminum billets up to 1,500 millimeters in length. The plant has an annual capacity of 30,000 tonnes.
The extrusion press will be used to produce high precision profiles for the automotive industry. In order to ensure high productivity, the machine operates with the CADEX technology system which calculates the optimum extrusion speed curve and the minimum billet temperature required on the basis of the current process parameters. CADEX increases the productivity by up to 6%. Thanks to the new eco Draulic concept from SMS Meer, the hydraulic main drives operate with an intelligent start stop function ensuring energy efficient production. Side table and billet loader are driven by modern servo motors instead of conventional hydraulic drives. The extrusion press therefore satisfies the preconditions for the ecoplants label.
Mr Senol Akbas MD of Cansan Alüminyum that “The new extrusion press is equipped with modern technologies. We are setting the course for growth. Thereby we will further expand our strong market position as a reliable partner for the automotive industry. In addition to the low energy consumption of the SMS Meer extrusion press, we were also impressed by the service offered. Good and quick service is an important aspect for us in safeguarding our position in the strongly competitive environment.”
red   Zambia Scrap Metal Export Ban Stays - Commerce Minister
Emmanuel Chenda commerce, trade and industry minister of Zambia said that the Government will maintain the ban on the export of scrap metal to promote value addition in the local steel industry.
Chenda said in Ndola that the demand for scrap metal was high among local foundries and Government would not allow activities that will derail the growth of the local steel industry. The Government policy was to promote value addition to scrap metal so that more jobs were created for the Zambian people in steel manufacturing.
He said that “It is important to stress that scrap metal has value to promote growth in the local steel industry. Local foundry dealers are in need of easy access to scrap and if exports were allowed at this point, it would be too costly for steel producers to operate and people will lose jobs.”
Chenda said that dealers of scrap metals should offer competitive pricing so that steel processors continue to produce above the local demand for such products. The Government would protect the scrap metal industry from uncompetitive practices such as smuggling that stifle business growth.
He said that Government has embarked on continuous programs to promote investment in the production of lime and cement from the natural endowment. Zambia cannot continue to struggle when there is so much natural endowment to promote the production of products like lime and cement. There is massive infrastructure development going-on which calls for investment to be encouraged in this sector.
Chenda said that because Zambia was operating a liberalised economy, Government would strike a balance with the private sector to promote a win-win situation regarding the flow of business in the country.
red   Asia Represents Approximately 15% of Alba Sales - Tim Murray
    Aluminium Bahrain B.S.C. (Alba)'s Chief Executive Officer, Tim Murray recently visited customers in Asia as part of Alba's drive to improve customer satisfaction as well as expand its customer base across the region.
Murray met with Alba's customers, trade partners as well as employees in the company's local offices to discuss the key role played by them in the growth of the company. The visit also served the purpose of meeting with potential customers for Alba and forging a significant business relationship with the companies. Alba's CEO was accompanied by Alba's Manager for Customer Services & Operations, Khalid A. Latif, Manager Sales Asia & Pacific, Yogesh Kumar and key sales personnel for Asia - Enoch Kwok, Mohammed AI Awadhi and Teresa So.
Highlighting the purpose of the Asia visit, Alba's Chief Executive Officer, Tim Murray said: “Asia represents approximately 15% of Alba total sales and is a key market for aluminium.
Alba has been exporting to the Asian region for many years and we felt it was important for the CEO to physically meet the customers for their feedback, thus strengthening our relationship with them.”
red   Novelis Sees 2-4% Decline in 2014 : Eyes Auto Market
    Novelis expects the North American aluminum can sheet market will continue to weaken in 2014, with demand declining anywhere between 2% and 4%, the US-based sheet maker's CEO, Phil Martens, said recently as reported by Platts.
But one way Novelis hopes to mitigate the impact of this continued downturn is by moving into high growth, higher margin automotive aluminum segments, he said. In a fiscal third-quarter conference call with analysts, Martens said the shift toward automotive capacity was "more or less permanent" for the company, and said by the end of the decade its "auto slice could grow to over 25% of our overall portfolio.”
After completion of its recently announced $205 million investment that would add 240,000 mt of capacity at automotive sheet plants in Oswego, New York, and Nachterstedt, Germany, Novelis' auto finishing capacity would grow to around 900,000 mt, he said. The company also expects global auto demand for flat rolled product to grow roughly 30% every year through the end of the decade, with North America the fastest growing region for that demand. Ford's January introduction of a more aluminum-intensive F-150 pickup truck, was "a game changer for automobiles in aluminum, it's the first, not the last conversion of this type that we will see," Martens said. According to Martens, overcapacity in the "mature" North American beverage can market was causing industry-wide headwinds. He said the outlook for carbonated soft drinks was weak due to consumer preferences shifting toward healthier drinks. He said there were other significant market-driven headwinds that affected Novelis' fiscal third-quarter business and the global aluminum flat rolled products industry as well. Overcapacity -- due to less than 8% GDP growth -- in both aluminum and aluminum can sheet output in most of Asia, primarily China, has hurt producers and led to lower-than-expected prices, and this has been compounded by higher local premiums, he said. 
red   Iranian Aluminium Production Up 4%
    Iranian Mines & Mining Industries Development & Renovation Organisation (IMIDRO) said the country produced 292,702 tons of aluminium ingots in the first 10 months of the current Iranian year (started March 21, 2013).
The figure shows an increase of four percent compared with the corresponding output of last year, which was 281,444 tons.
Iranian Aluminium Company (IRALCO) in Markazi province, Almahdi and Hormuzal in Hormuzgan province with 149,011 tons, 87,006 tons and 56,685 tons of output respectively were the three top aluminium producers of the country during the period. Total aluminium ingot production of the three companies for Dec. 22-Jan. 20 stood at 28,551 tons.
The report added that Iran Alumina Company produced 205,532 tons of alumina powder in the first 10 months of the current Iranian year. During Dec. 22-Jan. 20, the company produced 19,669 tons of alumina powder, the report says.
Iran's global ranking in aluminium production is projected to improve from the current 22nd to 14th by the end of the Fifth Five-Year Economic Development Plan (2015).
red   Japan's Spot Aluminum Import Premium Stays at $300-320/mt Ahead of Q2 Contract Talks
    An inter-ministerial group on Friday started the process of valuation of public sector enterprise Hindustan Zinc Ltd (HZL) and Balco for residual stake sale of these two companies. The process has been initiated so that the stake sale can be completed by March end or before the close of this financial year. The government holds 49% stake in Balco and 29.5% in HZL.
The government is looking at stake sale of different profit making PSU companies before March in its bid to shore up the disinvestment target of `40,000 crore that it had set for itself. “We are in the process of valuing the two companies. The IMG discussed the issuance of Request For Proposals (RFP) for valuation of HZL and Balco,” a senior MoF official said. “We are working very hard to make it happen by March,” Divestment Secretary Ravi Mathur said. The Union Cabinet had last month cleared stake sale in HZL through auction route while a decision on Balco is yet to be taken. During 2001-03, the government had sold majority stakes in the two erstwhile PSUs to the Vedanta group. At present, London-listed Vedanta holds 64.92% stake in HZL and 51 per cent in Balco. In January 2012, Vedanta had proposed to acquire the government's remaining stake in the two erstwhile PSUs for about `17,275 crore. After shareholders approval, Vedanta Board is now empowered to make an offer of up to `21,636.56 crore for the remaining government stake in HZL. For Balco, the offer can be up to `3,026.14 crore.
Earlier this week, Vedanta Chairman Anil Agarwal met Economic Affairs Secretary Arvind Mayaram and discussed the stake sale in two companies. Agarwal said that he would bid for the companies if the price offered is lucrative
red   CZP Increases Zinc Production
    Chelyabinsk Zinc Plant, Russia's largest producer of zinc and zinc alloys, produced 166,357 tonnes of saleable SHG zinc and zinc based alloys in 2013 an increase of 4% as compared to the previous year. Around two thirds were supplied to the domestic market. CZP's affiliated company, Nova Zinc, operator of the Akzhal zinc and lead ore mine in Kazakhstan, produced 34,870 tonnes of zinc in zinc concentrate last year, similar to the levels in 2012. Lead in lead concentrate production increased by 34% to 4,810 tonnes. Another CZP subsidiary, The Brock Metal Company, the leading UK supplier of zinc die casting alloys, sold 25,415 tonnes of zinc alloys in 2013, 3% higher than the previous year.
    This is a compilation of news from Various dailies, magazines, Trade publications and press releases.