Exlabesa inaugurated its new €25 million extrusion facility in João Rui Ferreira, Portugal. This new production center represents a significant milestone in the multinational’s consolidation strategy in southern Europe. Located on a plot of more than 86,000 sq m and with 10,000 sq m under roof, the plant includes two 2,800 tonne press lines, along […]
Hydro and Rio Tinto signed a partnership agreement to identify and evaluate available carbon capture technologies for implementation in aluminum smelting. Under the agreement, the two companies will share certain information, results, and costs covering specific research and development activities, from lab tests with external suppliers to on-site pilots. The aim is to create improved […]
According to the International Aluminium Institute, the worldwide primary aluminum industry produced around 72.7 million tonnes of aluminum in 2024. Production is expected to grow even further in the coming years in order to meet corresponding increases in demand. This presents an environmental challenge, because the industry emits significant CO2 emissions — something it has […]
Spectro Alloys Corp., a Midwest secondary foundry alloy producer, completed the first phase of construction on the expansion of its Rosemount campus in Minnesota. The expansion allows for the production of aluminum billet and improves recycling rates in Minnesota while meeting growing demand for recycled aluminum. “This increase in capacity and capabilities means Spectro will […]
The apt Group, a leading extruder in the European aluminum industry, is modernizing its production sites, including its extrusion plant in Monheim, Germany, and sheet and profiles plant in Cheb, Czech Republic. “The modernization of the extrusion line P35.0 and the compressed air system marks another milestone in our efforts to make production processes more […]
Speira, an aluminum roller and recycler, signed a long-term agreement with the biggest prismatic battery producer from South Korea. The world-leading battery manufacturer’s advanced energy solutions also include lithium-ion batteries for electric vehicles. The manufacturer’s collaboration with Speira represents a clear commitment to sustainability. “We are proud to have signed this agreement, which strengthens our […]
Hydro was awarded US$17.4 million in tax credits to introduce HyForge casting technology at its aluminum recycling plant in Henderson, Kentucky. The U.S. Department of Energy awarded the credit under the Inflation Reduction Act’s Section 48C Qualifying Advanced Energy Project tax credit program in order to advance new technology for the automotive industry. “We appreciate […]
Novelis signed an agreement with thyssenkrupp Aerospace, one of the world’s leading supply chain management and third-party logistics service providers for the commercial Aerospace industry, renewing their strategic partnership through a multi-year agreement. “We are very pleased that our global Aerospace unit is prolonging our partnership with Novelis,” said Patrick Marous, CEO of Business Unit Solutions […]
