According to Statista, the global aluminium market will reach an estimated US$210 billion in 2027, rising at a CAGR of 5 per cent from US$150 billion in 2020. The transportation and construction industries will primarily facilitate this growth. Despite the promising numbers, the lurking global economic crisis, geopolitical conflicts, and energy crisis in the European […]
The growing environmental concerns are pushing government and big corporate houses alike to take planned steps towards sustainability. However, the efforts must not stop at planning but should be executed, monitored, and evaluated. Among various industries, the Indian aluminium industry is striving hard to make a cleaner environment, and with aluminium’s new nickname as the […]
Owing to the growing popularity of aluminium in the automobile and construction industries, among others, the future of this sector looks promising. However, the ongoing geopolitical conflicts in many regions are making things look grim. Recessionary headwinds are adding stress to supply-chain, making it challenging for many primary and downstream aluminium manufacturers globally. But how […]
Abstract:Guinea with bauxite potential of about 40 billion tons is the largest aluminium ore exporter in the world today. During 2019, the country exported about 70 million tons of bauxite, which is likely to exceed 110 million tons by 2021. This may substantially change the present bauxite market and significantly affect other bauxite producing countries […]
Modern Trends in Aluminium Industry 1) Use of Metallic Inert Anodes: In the past decade, a lot of development has been made in developing metallic inert anodes. The researchers have given much attention to binary or trinary alloys with Cu being a common element in most of the alloys. Some researchers have stated that pre-oxidizing […]
Mr. Naveen Mehta, President – Operations at Jindal Aluminium Limited. Aluminium being the second most used metal in the world has an approximate annual consumption of 88 million tonnes including scrap. Furthermore, it is also the most rapidly growing metal which has advanced by roughly about 20 times in the past 60 years. Since aluminium […]
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 […]
Difference between the virtual and real world has almost waned over the years due to the increasing influence of digitalisation. The presence and impact of digitalisation have been more so felt during the COVID-19 pandemic when direct human interaction, or for that matter intervention, is limited. Besides the despondent fact that the COVID-19 pandemic has […]
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 […]
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 […]