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Aluminium News

Hulamin full-year loss to narrow despite first-half challenges, July unrest

By: Donna Slater     14th December 2021 Aluminium semi-fabricator and supplier Hulamin reports that, despite a subdued start to the year, its headline loss a share is expected to narrow to 54c, compared with the headline loss a share of 68c reported for the 2020 financial year. Its loss a share is expected to narrow to 60c, from 75c... 

EGA’s Guinea bauxite ore makes its way to Chinese minerals group

By: Marleny Arnoldi     9th December 2021 Emirates Global Aluminium (EGA) has signed a three-year agreement to supply China’s Bosai Minerals Group with bauxite ore from the Republic of Guinea. Under the agreement, EGA will supply Bosai Minerals Group with several million tonnes of bauxite ore each year, with the first shipment expected... 

Nampak's improved year-end results reflect focus on reducing risk, growing profits

By: Schalk Burger     6th December 2021 JSE-listed packaging manufacturing multinational Nampak achieved headline earnings a share of 62.3c, a 109% year-on-year increase in trading profit to R1.4-billion and a 24% increase in revenue to R14-billion for the financial year ended September 30. These numbers reflect the company's... 

US revises EU steel proposal as tariff-hike deadline looms

By: Bloomberg     13th October 2021 The US has submitted a new proposal to the European Union to solve a Trump-era dispute on steel tariffs, offering more-generous terms, according to people familiar with the matter. The updated proposal involves so-called tariff-rate quotas that Bloomberg reported last month, but provides for a... 

Global metals, mining demand ‘tepid at best’ – WoodMac

By: Simone Liedtke     6th October 2021 With the global metals and mining markets having faltered under the weight of Covid-19 pandemic-driven lockdowns, demand outside of China was “tepid at best and in freefall at worst”, says global research and consultancy group Wood Mackenzie (WoodMac). From a mined commodities perspective,... 

Pic of Mining Equipment

EU trade chief says time running out to fix US steel dispute

By: Bloomberg     28th September 2021 The European Union’s (EU's) trade chief warned that only about a month remains to resolve a metals dispute with the US, and failure to do so means new EU tariffs will hit American products on Dec. 1. “Allowing for internal decision-making procedures in the EU, we really need an agreement already... 

Rare earth elements discovered

24th September 2021 Last month, mining company Australian Bauxite Limited (ABX) confirmed its discovery of rare earth element (REE) accumulations within its bauxite tenement in northern Tasmania that are enriched in the strategically important REE metals neodymium and praseodymium, along with terbium and dysprosium. 

HybroHeat furnace technology developed

By: Anna Moross     24th September 2021 With the development of the HybroHeat furnace technology, plant supplier SMS group underlines once again its position as world market leader for aluminium extrusion plants. 

An image of the hybroheat furnace technology
HYBROHEAT FURNACE TECHNOLOGY HybroHeat furnace technology combines the advantages of cost-efficient preheating of log material in a gas furnace and precise temperature setting

Military unit seizes power in Guinea, dissolves constitution

By: Bloomberg     6th September 2021 A group of soldiers seized power in Guinea and dissolved the nation’s constitution, according to a statement broadcast on state television. The announcement came hours after heavy gunfire erupted near the presidential palace in the capital, Conakry, earlier on Sunday morning. Agence France-Presse... 

Hulamin continues turnaround, despite pandemic 

By: Simone Liedtke     31st August 2021 Aluminium supplier and exporter Hulamin continued with its turnaround actions for both its rolled and extruded product segments, despite the ongoing Covid-19 pandemic, for the period ended June 30. In the six-month period, Hulamin’s rolled and extruded product sales increased by 43% and 58%,... 

Pic/Image of Aluminium Pieces.
Hulamin CFO Mark Gounder presents for the first time as he discusses the company's interim financial results. Video: Creamer Media's Kutlwano Matlala. Editing: Creamer Media's Nicholas Boyd.

South32 posts higher manganese, aluminium output from South African operations 

By: Marleny Arnoldi     19th August 2021 Diversified miner South32 has posted a 21% year-on-year increase in manganese output from its South African mines to 2.26-million tonnes for the year ended June 30. The JSE-, ASX- and LSE-listed miner has a 44% interest in two manganese mines – Mamatwan and Wessels – in South Africa, based in... 

Hillside Aluminium, in Richards Bay
Hillside Aluminium, in Richards Bay

Soaring aluminum drives up cost of everything from beer to foil

By: Bloomberg     3rd August 2021 For consumers and economists hoping commodities inflation will soon subside, the aluminum market delivered some discouraging news on Monday. The world’s second-largest brewer, Heineken, said the rising costs of freight and the metal used in beer cans will have a “material effect” on profit next... 

South32 secures power for Hillside, weighs green options  

By: Esmarie Iannucci     23rd July 2021 Diversified miner South32 has finalised an energy supply agreement for its Hillside aluminium smelter, in South Africa. The miner on Friday said that the National Energy Regulator of South Africa had approved the long-term energy supply agreement between Hillside and national energy provider... 

An aerial view of South32's Hillside aluminium operation in South Africa

Hulamin resumes production as unrest subsides

By: Donna Slater     20th July 2021 JSE-listed aluminium fabricator Hulamin has resumed production activities as of July 16, owing to an abatement in the recent domestic civil unrest in South Africa, which was centered in KwaZulu-Natal. The company is headquartered in Pietermaritzburg – a town that experienced a significant flare... 

South32 reiterates Paris Agreement, net zero carbon commitment 

By: Simone Liedtke     22nd June 2021 Diversified miner South32 has reiterated its commitment to the Paris Agreement objectives, with the miner committed to achieving net zero carbon emissions by 2050. In May, South32 announced its target to achieve a 50% reduction in Scope 1 and 2 operational emissions by the 2035 financial year. To... 

South32 CEO Graham Kerr
South32 CEO Graham Kerr

South Africa’s about-turn on solar panels raises industry ire

By: Bloomberg     27th May 2021 South Africa’s plans to buy emergency power, already the subject of a court challenge, face fresh controversy after a local-content requirement for solar-panel frames was scrapped subsequent to the award of the tenders. The 65% local-content requirement on aluminium frames for photovoltaic panels... 

The world economy is suddenly running low on everything

By: Bloomberg     17th May 2021 A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously stocking up. Mattress producers to car manufacturers to aluminum foil makers are buying more material than they need to survive... 

Desmond Maharaj resigns as AMSA CFO

By: Simone Liedtke     4th May 2021 Desmond Maharaj has resigned as CFO and executive director of steelmaker ArcelorMittal South Africa (AMSA) to pursue personal opportunities outside of the business. AMSA expects Maharaj to step down no earlier than July 31 and no later than September 30, giving it ample opportunity to identify... 

Biden's EU trade dilemma: more pain for Harley, distillers or back off metals tariffs?

By: Reuters     29th April 2021 The Biden administration faces a major dilemma in its dispute with the European Union over Trump-era steel and aluminum tariffs: back down to avoid acute pain for Harley-Davidson Inc and whiskey distillers or stick with the duties even though they are now exacerbating acute shortages for US... 

Hulamin sees sales volume recovery after lull in 2020 

By: Marleny Arnoldi     15th April 2021 Aluminium supplier Hulamin has reported a healthier order book and a return to operating profitability in the final quarter of its 2020 financial year, ended December 31, after having experienced strong headwinds from March 2020. The company explains in its latest results statement that local... 

Hulamin sees sales volume recovery after lull in 2020

Local content rules for PV modules posing a challenge for ‘emergency’ solar projects  

By: Terence Creamer     8th April 2021 The stipulation that solar projects bid as part of the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) include photovoltaic (PV) modules that meet the local-content thresholds and conditionalities outlined in government’s designation for PV components is causing some... 

Local content rules for PV modules posing a challenge for ‘emergency’ solar projects

Alfeco Group acquires Hulamin’s Gauteng aluminium extrusions business

By: Tasneem Bulbulia     7th April 2021 Integrated South African metals company Alfeco Group has recently acquired the Hulamin Extrusions plant, in Olifantsfontein, Midrand. The extrusion assets, which are now part of Alfeco’s new aluminium division, with a design capacity of 20 000 t/y, have been renamed Veer Aluminium. 

Aluminium industry aims to reduce emissions by 80% by 2050

By: Schalk Burger     16th March 2021 Global industry organisation the International Aluminium Institute (IAI) has published three main pathways that the industry can take to reduce its emissions by 80% by 2050 and meet internationally agreed climate goals, supply demand for primary aluminium that will increase by up to 40% and more... 

Aluminium industry aims to reduce emissions by 80% by 2050

Green revolution gets more expensive as copper price surges

By: Bloomberg     4th March 2021 Look just beneath the surface of many of the technologies powering the energy transition and there’s a red metallic glint. Copper is a vital part of green infrastructure from grids to wind turbines, and a recent price surge threatens to make decarbonization more costly. Copper has doubled from... 

Green revolution gets more expensive as copper price surges

Seifsa partners with Venncap to help metals, engineering companies secure funding

By: Schalk Burger     4th March 2021 Industry body the Steel and Engineering Industries Federation of Southern Africa (Seifsa) has partnered with funding consulting firm VennCap Business Solutions to assist metals and engineering sector companies to secure funding for their businesses and enable them to chart a course to... 

Seifsa CEO Kaizer Nyatsumba
Seifsa CEO Kaizer Nyatsumba

US Commerce sets anti-dumping duties on aluminum sheet from 18 countries

By: Reuters     3rd March 2021 The US Commerce Department on Tuesday issued final anti-dumping duties on common alloy aluminum sheet from 18 countries investigated, including up to 242.8% on imports from Germany and 4.83% on imports from Bahrain. The duties were announced just hours after Rhode Island Governor Gina Raimondo... 

Manufacturing recovery’s slow pace a concern, Seifsa

26th February 2021 The Steel and Engineering Industries Federation of Southern Africa (Seifsa) is concerned about the slow pace of recovery in the manufacturing sector, as depicted by the manufacturing Purchasing Managers' Index (PMI) number of 50.9 last month – lower than the 2020 fourth quarter average. 

The manufacturing sector remains key to the growth and development of South Africa owing to its multiplier effect on other sectors of the economy
MULTIPLIER EFFECT The manufacturing sector remains key to the growth and development of South Africa owing to its multiplier effect on other sectors of the economy

Companies committed to transformation honoured

26th February 2021 Entries are open for the seventh annual Steel and Engineering Industries Federation of Southern Africa (Seifsa) Awards for Excellence and the federation is calling on all companies within the metals and engineering (M&E) industry to send in their submissions for the Most Transformed Company of... 

The Most Transformed Company of the Year Award honours and celebrates companies that have been able to transform their workplaces meaningfully
TRANSFORMATION GOALS The Most Transformed Company of the Year Award honours and celebrates companies that have been able to transform their workplaces meaningfully

Glencore, Century Aluminum ink sale of 150 000 t of Natur-Al aluminium

By: Simone Liedtke     4th February 2021 Glencore and Century Aluminum Company have finalised the sale of 150 000 metric tons of Natur‐Al aluminium over five years to Austrian firm Hammerer Aluminium Industries (HAI). Natur‐Al products are made with energy from 100% renewable sources at Century’s Norðurál Grundartangi aluminum plant in... 

Global coalition formed to drive net-zero shift in hard-to-decarbonise transport and industrial sectors 

By: Terence Creamer     27th January 2021 A new global partnership has been formally launched in an effort to accelerate the decarbonisation of seven heavy industrial and transport sectors that together represent 30% of global greenhouse-gas emissions and where carbon-abatement pathways have yet to be defined. Known as the ‘Mission... 

Global coalition formed to drive net-zero shift in hard-to-decarbonise transport and industrial sectors

Hulamin appoints new CFO

By: Simone Liedtke     21st January 2021 Aluminium supplier and exporter Hulamin has appointed Meganathan (Mark) Gounder CFO and executive director, with effect from April 1. Gounder is an experienced finance professional with over 25 years’ experience, and he has held various senior finance roles within the Illovo Sugar Group, which... 

Govt study into local lithium-ion battery value chain almost complete  

By: Irma Venter     27th November 2020 A study into the possible development of a lithium-ion (li-ion) battery value-chain in South Africa will be completed by the end of the year. The study is being undertaken by Trade and Industrial Policy Strategies (TIPS), on behalf of the Department of Trade, Industry and Competition (DTIC). It... 

Gaylor Montmasson-Clair
Gaylor Montmasson-Clair

Bleak outlook for packaging, reports research company

16th October 2020 According to the 2019/20 Packaging Overview report released by full-service research company BMi Research in August, South Africa’s packaging industry could decline by more than 9% in 2020 as a result of severely impaired disposable income following the national lockdown enforced as a response to... 

Hulamin's performance continues to improve

By: Simone Liedtke     14th October 2020 Order books in all operations for aluminium supplier Hulamin have continued to improve throughout the third quarter of the 2020 financial year, and are approaching “normal levels”, the company reported on October 14. The company also confirmed that orders for beverage can products, heat-treated... 

Rio Tinto, AB InBev sign MoU to deliver sustainable, low carbon aluminium cans

By: Simone Liedtke     6th October 2020 Beer drinkers will soon be able to enjoy their favourite brew out of cans that are both recyclable and responsibly produced as a result of a global partnership between diversified miner Rio Tinto and brewer Anheuser-Busch InBev (AB InBev). The two companies have signed a memorandum of... 

World Trade Fair postponed to next year

25th September 2020 Owing to the serious consequences of the Covid-19 pandemic, event organiser Reed Exhibitions has announced the postponement of the Aluminium World Trade Fair to May 18 to 20, 2021. The trade fair was scheduled to take place in Düsseldorf, Germany from October 6 to 8, this year. 

Recycling tech boosted by crystallisation research

25th September 2020 An innovative method for aluminium recycling has been boosted by research showing the microscopic changes that take place when molten alloys cool.   University of Birmingham School of Metallurgy and Materials researcher Dr Biao Cai used sophisticated high-speed X-ray imaging to record the... 

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