Ball Corporation sold a portion of its Ball Aluminum Cup® assets to Ayna.Al, a leading strategic advisory and implementation firm in the industrial technology space. The companies are thus forming a 49:51 joint venture, named Oasis Venture Holdings, LLC, which will accelerate the continued development and growth of the aluminum cup category. “In 2019, Ball […]
Pure Aluminum, a fast-growing aluminum processor based in Saranac, Michigan, is forming a joint venture with Traxys, a global leader in the physical trading of metals and natural resources, and Consortium Metals, a sales and marketing specialist in the secondary aluminum industry. This strategic partnership will enable recycling of aluminum scrap and manufacture value-added aluminum products, […]
Hydro Extrusion North America placed an order for a complete 8 inch, 25 MN extrusion line from SMS group and OMAV, a specialist in the field of aluminum extrusion systems. Engineered to Hydro’s high operational standards, the new line features an innovative HybrEx® press and a patented electric scrap shear will be installed at the […]
Norwegian University of Science and Technology (NTNU) developed a hybrid metal extrusion and bonding technique (HYB), which is able to cold weld aluminum and copper to create hybrid conductors to help reduce electric vehicle (EV) weight. This is because lighter weight EVs are more energy efficient, which extends the driving range of the vehicle. Traditionally, […]
Hydro signed a long-term agreement with power cable solutions provider NKT, under which Hydro will supply NKT with low-carbon aluminum for the production of wire rod. The aim is to meet the growing market demand for medium and high voltage power cable solutions in Europe, as the region upgrades its outdated grid infrastructure. This is […]
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 […]
