Vedanta Limited, the largest diversified natural resources company in India, plans to to demerge its business units into independent “pure play” companies. The company stated that this will simplify Vedanta’s corporate structure and unlock value and attract investment into the expansion and growth of each of the businesses. More than 90% of Vedanta Ltd’s profits […]
AMAG Austria Metall AG, with headquarters in Ranshofen, Austria, completed the integration of state-of-the-art processing facilities at the two sites of its subsidiary AMAG components in Übersee at Chiemsee and Karlsruhe, Germany. With this investment, the company has taken a major step towards growth and increased efficiency in the production of aluminum and titanium components […]
By Aaron Palumbo, Big Blue Technologies. Magnesium metal is trending, again. The original boom cycle of the 1930s and ’40s was sparked by the second world war, resulting in the array of foundational production technologies to which today’s processes owe a great deal. The 1980s and ’90s saw more advancement and rapid expansion of end-uses […]
Rio Tinto, Trimet, and Aluminium Dunkerque are partnering with Fives Group on a consortium project to develop carbon capture solutions for the aluminum industry. Primary aluminum production accounts for 2% of global greenhouse gas emissions, which corresponds to an average of 16.1 t CO2/t Al being emitted globally (in France, the average is less than 5 […]
Metra S.p.A., a leading global extruder headquartered in Italy, completed the acquisition of Belding Machinery and Equipment Leasing, LLC and its subsidiaries, including Extruded Aluminum Corporation (EAC). “The acquisition of EAC marks a significant milestone for Metra as it accelerates our geographic expansion within North America and continues our end-market diversification strategy, including entry […]
Hindalco Industries Limited, in Mumbai, India, the world’s largest aluminum rolling and recycling company, signed a technology partnership with Italy-based Metra SpA, a producer of structured and value-added aluminum extrusions. The partnership aims to enable the production of large-size aluminum extrusion and fabrication technology for building high-speed aluminum rail coaches in India. This collaboration seeks […]
A new study, “Aluminium Beverage Can Recycling in United Arab Emirates and Asia Pacific: A Review Of Waste Management Maturity In Six Countries,” on recycling of aluminum cans has identified that 60 million tonnes of CO2e per annum could be saved through effective global recycling of used beverage cans (UBCs) by 2030. The study was commissioned […]
Editor’s Note: Positive environmental and commercial considerations have driven the rapid rise of secondary aluminum in achieving about a third of global aluminum consumption today. Data from the Aluminum Association and the International Aluminum Institute indicate that recycling aluminum uses 90-95% less energy compared with primary aluminum and ~75% of all aluminum ever produced since […]
