European aluminium manufacturers made concerns about a possible breach in the European Union's carbon border tax (CBAM), which might allow severely polluting exporters such as China and other Asian nations to avoid rules and inundate the union with cheap heavy metal emissions. The BlueGreen Alliance, a non-profit organisation located in Washington, released a paper outlining suggestions for addressing the decline in the primary aluminium sector in the United States. The research focuses on satisfying the growing demand for aluminium from the renewable energy industry, generating well-paying jobs, improving national security, and lowering industrial emissions. The mining and metals firm, headquartered in Perth, South32, has been working on an ambitious project at the Hillside Smelter to reduce GTC stack Hydrogen Fluoride (HF) emissions to 0.5 mg/Nm3 by April 2025 to fulfil new environmental laws.
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European aluminium producers expressed concerns about a potential breach in the European Union's carbon border tax (CBAM), which could enable heavily polluting exporters like China and other Asian countries to evade regulations and inundate the bloc with inexpensive heavy metal emissions.
To know more: https://www.alcircle.com/news/european-aluminium-companies-raise-discrepancy-in-eu-carbon-border-tax-96506
The BlueGreen Alliance, a non-profit organization based in Washington, recently published a report presenting recommendations to address the downward trend in the primary aluminium industry in the United States. The report focuses on meeting the increasing demand for aluminium from the clean energy sector, creating well-compensated employment opportunities, enhancing national security, and reducing industrial emissions.
Headquartered in Perth, South32, the mining and metals company has been working on an ambitious project in the Hillside Smelter to decrease GTC stack Hydrogen Fluoride (HF) emissions to 0,5 mg/Nm³ by April 2025 to meet new environmental regulations.
To know more: https://www.alcircle.com/news/south32-and-fives-join-hands-to-limit-hf-emissions-at-its-hillside-aluminium-smelter-96530
China’s aluminium production in June 2023 (30 calendar days) stood at 3.37 million tonnes, reflecting a drop of 2.94 per cent M-o-M from 3.472 million tonnes, found the Shanghai Metals Market survey. However, on a year-on-year calculation, the output in June 2023 edged a marginal rise of 0.14 per cent, showed SMM.
Japanese primary aluminium premium in the September quarter is less likely to change much from the previous quarter, given a buyer recently agreed to pay a premium of $127.5 per tonne to a global producer over the benchmark price for shipments, said a source on Tuesday, July 11, involved in the pricing talks.
To know more: https://www.alcircle.com/news/japanese-primary-aluminium-shipment-premium-is-agreed-at-127-5-t-for-q3-2023-96541
According to the US Geological Survey, the United States domestic primary aluminium production in April 2023 stood at 63,000 tonnes, down by 2,000 tonnes or 3.08 per cent from 65,000 tonnes in March 2023. On a year-on-year calculation, the output plunged by 19,000 tonnes or 23.17 per cent from 82,000 tonnes.
To know more: https://www.alcircle.com/news/us-primary-aluminium-production-in-april-2023-dips-3-m-o-m-but-daily-output-remains-steady-96510
On Monday, July 10, Azerbaijan announced to invest in the reconstruction of the Tajik Aluminium Company (TALCO) smelter in Tajikistan. This plan was mutually agreed between Azerbaijan and Tajikistan during the sixth session of the Joint Intergovernmental Commission on Trade and Economic Cooperation, held in Baku.
To know more: https://www.alcircle.com/news/azerbaijan-offers-capital-support-to-reconstruct-tajik-aluminium-company-s-smelter-96517
Aluminium Bahrain B.S.C. (Alba), one of the world's largest aluminium smelters, demonstrated its commitment to advancing in Artificial Intelligence (A.I.) by completing the "Green Anode Density Prediction" project with Nasser Artificial Intelligence Research and Development Centre.
To know more: https://www.alcircle.com/news/alba-and-nasser-unite-to-explore-ai-for-the-green-anode-project-96546
LME aluminium opened at US$2,134 per tonne last Friday, with its low and high at US$2,127 per tonne and US$2,151 per tonne respectively before closing at US$2,141 per tonne, up US$11 per tonne or 0.52 per cent.
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