The recently presented Union Budget for 2023 is said to be inclusive and development-oriented. Is that true for all sectors? The metal sector is overshadowed at a glance, for it was a lacklustre budget for the industry except for steel. Prior to the budget, the Federation of Indian Chambers of Commerce and Industry (FICCI) was […]
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The pressing need for decarbonizing the aluminium industry is loud and clear. While various techniques and alternative fuel sources are employed to reach net zero by 2050, carbon capture is one of the mature technologies that can be used. It is currently in use by other energy-intensive sectors too. The carbon capture process can be […]
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The threat of climate change, and the growing focus on a carbon-neutral world and the implementation of a circular economy has changed the way heavy industries operate now. The result was the Paris Agreement in 2016, which set up an aim of keeping global warming below 2 degrees Celsius over the 21st century. This transformation […]
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The COVID 19 pandemic swept across the world in 2020 and created challenges for the global aluminium industry in the short to medium-term. The decline in demand from the transportation and construction industries has significantly impacted the aluminium price on the London Metal Exchange. World aluminium usage in 2020 was estimated to have declined by […]
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The year 2019 proved to be a robust one for mergers and acquisitions for the global aluminium industry. Mergers and acquisitions played a key role in expanding businesses of the industry players across aluminium value chain. The companies continued to invest in acquisitions to capitalize on the growing demand despite world aluminium price volatility and continuous market […]
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As a European industry association, our focus for 2020 is ensuring that new policymakers in the reconstituted European Commission and Parliament understand our industry. Our agenda features a comprehensive set of policy recommendations across four domains: circular economy, trade, energy & climate, and innovation. First, we must convince more politicians that aluminium is a strategic […]
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Today staying competitive means investing permanently in new technologies, helping to reducing operational costs. Not only the technology itself, also the way that you can purchase it will make a difference in the profitability of your operations. At the background of demographic and political changes and in a complex market which – above all – […]
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Aluminium Bahrain B.S.C. (Alba) is the world’s largest aluminium smelters ex-China with a production of 1,365,005 metric tonnes (2019). Listed on both the Bahrain Bourse and London Stock Exchange, the Company’s shareholders are Bahrain Mumtalakat Holding Company (69.38%), SABIC Industrial Investment Company (20.62%) and the General Public (10%). Established in 1971 as a 120,000 […]
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India became the second largest aluminium producing country in the world excluding China in 2018. With the strength of its integrated business model, excellent operational capabilities, stable operations and enriched product portfolio, Hindalco (plus Utkal Alumina) made significant profits in FY19. They are focusing on downstream segment for its domestic output. Primary aluminium productions from […]
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The 10% tariffs on all imported aluminium imposed by Trump in March 2018 have generated ample interest in the North American aluminium sector, more so because Trump’s tariffs also included Canada and Mexico, Canada remaining the top aluminium supplier to the U.S. so far. While major part of the industry players opposed the tariffs, claiming […]
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