By J.P. Weiler, Meridian Lightweight Technologies, Inc. Magnesium is an essential material widely used in the automotive, aerospace, and metallurgical industries due to its lightweight properties, high strength-to-weight ratio, and recyclability. However, supply chain disruptions, price fluctuations, and geopolitical factors significantly impact its market dynamics. Understanding these trends is crucial for industries dependent on magnesium […]
RevoCast, an affiliate of Lorval Capital Management (along with Apex Aluminum Extrusions), plans to construct a new state-of-the-art aluminum remelting facility in Langley, British Columbia, Canada. The facility will supply the West Coast and Pacific Northwest extrusion market with low-carbon aluminum billet with the highest recycled content. “The launch of this aluminum remelting facility marks a […]
Hydro has signed a letter of intent (LOI) with Nemak to develop low-carbon aluminum cast products for the automotive industry. The aim is to accelerate decarbonization efforts and support car manufacturers in reaching their sustainability goals. “Expectations from society and customers towards business and industry to drive change are rising rapidly,” said Hanne Simensen, executive […]
Hindalco Industries Ltd., the metals flagship of the Aditya Birla Group and one of the world’s largest aluminum companies, unveiled its state-of-the-art dedicated electric vehicle (EV) component manufacturing facility in Chakan, Pune, India. At the site, the company successfully manufactured and delivered 10,000 aluminum battery enclosures to Mahindra Electric for use in the automaker’s electric […]
By Andrew Halonen, Mayflower Consulting LLC. The automotive industry landscape is shifting once again. For the past decade, the industry has seen heavy interest in electric vehicles (EVs), with automotive OEMs making significant investments to convert their vehicle lineup to EVs. However, OEMs are now taking a step back and reconsidering their electrification strategy.1 The […]
Novelis opened the Ulsan Aluminum Recycling Center at Ulsan Aluminum, which is Asia’s largest aluminum beverage can recycling facility, located in Yeongju, Gyeongsangbuk-do, South Korea. Fully funded by Novelis, the new center is equipped to process a wide range of post-consumer scrap — including aluminum from cans, automotive, and industrial sources — enhancing the company’s […]
General Extrusions International (GEI), which came under new ownership at the end of 2023, operates a 225,000 sq ft extrusion plant in Youngstown, OH. The plant houses two press lines, including a 1,675 ton, 7 inch Youngstown press and a new 25 MN, 8 inch SMS press (installed in 2022). The 7 inch press line […]
Rio Tinto and AMG Metals & Materials, an energy transition solutions provider, signed an memorandum of understanding (MOU) to jointly assess the feasibility of developing an integrated low-carbon aluminum project powered by renewable energy in India. Together, the parties will consider the potential development of a primary aluminum smelter with a capacity of up to […]
