Avic Guizhou Orders Second SMS Ring Roller machine to produce nickel and titanium alloy rings for jet engines (US)

From left to right: Martin Gellhaus, Head of Sales Ring and Wheel Rolling SMS group; Wei Zhijian, General Manager Guizhou Anda; Li Qiangsheng, Director of Mechanical & Electrical department, AVIC Logistics. The SMS ring-rolling process rolls heated blanks radially to reduce wall thickness, for products up to 10,000 mm diameter.

Avic Guizhou Anda Aviation Forging Co. Ltd. has awarded SMS group the contract to supply an additional ring rolling machine. The new ring rolling machine, type RAW 400(500)/200(250)-2500/800 DM, is to be erected at the plant it operates in Anshun, China. Production is scheduled for mid-2019. The new ring rolling machine is capable of rolling seamless rings with diameters of up to 2,500 millimeters and a maximum height of 800 millimeters. Anda plans to use the RAW to manufacture jet engine rings made from titanium and nickel Continue reading

Australian Mines Partners with Metalysis in Aluminum-Scandium Alloys (US)

Metals explorer Australian Mines (ASX: AUZ) has said it wants to maximise revenue and shareholder value at its flagship Sconi project in Queensland by developing the “next-generation” of scandium alloys that could command higher revenue margins and serve as better final products for end-users. Earlier this year, Australia Mines secured an offtake agreement with SK Innovation for 100% of its anticipated cobalt and nickel production for seven years from its flagship wholly-owned Sconi cobalt, nickel and scandium project in Queensland. A global lithium-ion battery manufacturer for the electric vehicle market, SK Innovation will purchase 100% of Sconi’s nickel and cobaltContinue reading

Hindalco eyes Aleris Corp. to tap growing aluminium demand (US)

Aluminium major Hindalco through its US-based subsidiary Novelis is weighing a bid to acquire Cleveland, Ohio-based Aleris Corporation from its private equity owners.

Aluminium major Hindalco, through its US-based subsidiary Novelis, is weighing a bid to acquire Cleveland, Ohio-based Aleris Corporation from its private equity owners, reports the Economic Times. Other players gained entry into the race after the exclusive talk between China Zhongwang Holdings and Aleris Corp hit a roadblock due to heightened US national security concerns. The Chinese company extended talk with Aleris twice but failed to Continue reading

Premier of South Australia announces establishment of Space Industry Centre (US)

The state of South Australia (SA) is establishing a South Australian Space Industry Centre (SASIC). This will be Australia’s first dedicated centre to grow the local space economy and create future high-tech jobs. The announcement was made ahead of the 68th International Astronautical Congress (IAC) being hosted in Adelaide next week which will be attended by more than 3500 space industry leaders from across the globe. The new Centre Continue reading

Hindalco is evaluating possible bids for Constellium and Aleris (US)

The Aditya Birla Group could decide to pursue an acquisition through Novelis, a unit of Kumar Mangalam Birla’s Mumbai-listed Hindalco Industries, people familiar with the matter said.

Kumar Mangalam Birla is evaluating possible bids for Constellium and Aleris as his conglomerate seeks to grow its aluminium operations overseas.

Mumbai/London: Indian billionaire Kumar Mangalam Birla is evaluating possible bids for Constellium NV and Aleris Corp. as his conglomerate seeks to grow its aluminium operations overseas, people with knowledge of the matter said. Deliberations are at an early stage, and Aditya Birla Group hasn’t yet decided whether to proceed with Continue reading