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Base metals - prices, news & market analysis | Argus Media
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300 base metal price assessments supported by market commentary, news and analysis</div></div></div></div></div></div></div></div><div class="component small grey "><div class="component-content"><div class="PageSubnavigation_container__yH3q7 qa-subnavigation-bar container"><div class="PageSubnavigation_outer__ocRn_"><div class="PageSubnavigation_bar__Cf50a"><a href="#overview" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Overview</a><a href="#news" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Latest news</a><a href="#content" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Spotlight content</a><a href="#products" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Explore our base metals products</a><a href="#prices" class="qa-subnavigation-anchor PageSubnavigation_item__mBuP2 cta bar " title="">Key price assessments</a><button type="button" 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id="overview"><div class="component-content"><div class="container"><div class="PageIntroduction_row__DH0rm row"><div class="col-12 col-lg-8"><div class="qa-pageintroduction-section"><h2 class="qa-pageintroduction-title">Overview</h2><div class="PageIntroduction_description__hOYK7"><div class="qa-pageintroduction-textfield"><p>From vehicle lightweighting to increased demand for copper to wire our connected world, base metals are used widely in manufacturing industrial and consumer products, and demand is only going to increase. Base metals are the most connected to the futures market already so what does even more demand mean for commodity investments?</p> <p>Argus provides base metals premiums in the most active trading regions around the world, in addition to data from the world’s metals exchanges on a real-time (additional fees apply) or 30-minute delay basis.</p> <p> </p> <h3>Base metals coverage</h3> <p>Argus delivers price data on over 300 base metals through the LME, CME and COMEX, as well as proprietary assessments. Our market news and analysis spans copper, aluminium, nickel, lead, tin, zinc and other base metals crucial to commercial and industrial enterprises.</p> <p>Track premiums in the most active trade regions and use our daily analysis to better understand the link between the physical and paper markets to better navigate futures, options and exchange-traded funds (ETFs).</p> <p>Investors that do take positions on the financial markets can use Argus tools to highlight arbitrage opportunities and receive alerts when prices reach upper and lower threshold limits on their contracts of interest.</p> <p> </p> <h3>Highlights of Argus global base metals coverage</h3> <ul> <li>Value-added exchange data tools offer a deeper level of insight to the standard exchange feed windows (calculated derived cash, global view of all exchanges on a single screen, threshold alerts). </li> <li>Full suite of non-ferrous scrap prices can be analysed to detect correlations or leading indicators for base metals prices. </li> <li>Currency and unit of measure conversions allow easy comparison of exchange data in different regions of the world to identify arbitrage opportunities. </li> <li>Base metals workspaces facilitate an holistic view of each individual market’s performance.</li> </ul></div></div></div></div></div></div></div></div><div class="component component-padding navy " id="news"><div class="component-content"><div class="container"><div class="row"><div class="col-12 col-lg-7"><h2 class="qa-combinedfeed-title section-heading">Latest base metals news</h2><p class="qa-combinedfeed-description">Browse the latest market moving news on the global base metals industry.</p></div></div><div aria-live="polite" class="Tabs_tabs__tVXxO secondary"><div class="qa-tabspanel-list Tabs_panel__uEe2n current" role="tabpanel"><div class="row"><div class="col-12 col-lg-6"><a class="qa-combinedfeed-primary-item News_link__TcfaC News_primary__Fop2j white" href="/ja/news-and-insights/latest-market-news/2631014-japan-s-crude-steel-output-drops-further-in-october"><div class="News_primaryInner__9SOga"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ News_category__qm0Jk h5">Latest base metals news</div><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">24/11/21</div><hr class="News_hr__BZset"/><h3 class="qa-combinedfeed-item-title News_headline__JsnZr h2 d-none d-lg-block">Japan’s crude steel output drops further in October</h3><h3 class="qa-combinedfeed-item-title News_headline__JsnZr d-lg-none">Japan’s crude steel output drops further in October</h3><p class="qa-combinedfeed-item-summary News_summary__eRMnt">Tokyo, 21 November (Argus) — Japan's crude steel production in October fell on the year for an eighth straight month, partly because of lower steel demand from the construction sector. The country produced 6.9mn t of crude steel in October, down by 7.8pc from a year earlier, according to preliminary data released by industry group the Japan Iron and Steel Federation (JISF) on 21 November. Crude steel production by basic oxygen furnace (BOF) fell by 6.8pc on the year to 5.1mn t, marking the eighth consecutive month of year-on-year fall. Crude steel output by electric arc furnace (EAF) declined for a third straight month by 10.5pc to 1.8mn t. A double-digit output fall by EAF is partly reflecting the weaker steel demand in the construction sector. The country's steel demand is heavily dependent on the automobile and construction sectors, and steel products for each industry are generally produced using the BOF and EAF methods respectively. Booked orders of ordinary steel for construction use in September fell by 11.3pc on the year to 651,035t, marking the fourth consecutive month of year-on-year decline, according to the separate data released by JISF on 18 November. The country's major steel producer JFE on 6 November revised downward its crude steel output to 22.4mn t for the current fiscal year ending 31 March 2025. This is 600,000t lower than its initial figure announced in August, partly owing to weaker than anticipated steel demand from the construction sector, according to the steel company. Rising material costs and labour shortages are causing delays in major construction projects, JFE said, adding that lower steel demand in the construction industry is "becoming even more obvious.". By Yusuke Maekawa Japanese ferrous output ('000't) Oct '24 Sep '24 Oct '23 m-o-m ± % y-o-y ± % Crude steel production Ordinary steel 5,328 5,098 5,792 4.5 -8.0 Specialty steel 1,597 1,525 1,719 4.7 -7.1 Total crude production 6,925 6,623 7,511 4.6 -7.8 Crude steel production method Basic oxygen furnace 5,101 4,794 5,473 6.4 -6.8 Electric arc furnace 1,824 1,829 2,038 -0.3 -10.5 Pig iron production 5,075 4,802 5,405 5.7 -6.1 Source: Japan Iron and Steel federation *Based on preliminary data Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.</p></div><span class="qa-combinedfeed-item-cta cta d-none d-lg-inline-flex"></span></a></div><div class="col-12 col-lg-6"><div class="News_secondaryGroup__CVF5i"><a class="qa-combinedfeed-secondary-item News_link__TcfaC News_secondary__4Pe3A white" href="/ja/news-and-insights/latest-market-news/2630572-graphjet-launches-malaysian-biomass-to-graphite-plant"><div class="News_secondaryOuter__68Cw0 d-none d-lg-flex"><div class="News_secondaryInner__T663Z"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ h5">Latest base metals news</div><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">Graphjet launches Malaysian biomass-to-graphite plant</h3></div><hr class="News_hr__BZset"/><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">24/11/20</div></div><div class="News_secondaryOuter__68Cw0 d-flex d-lg-none"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ News_category__qm0Jk h5">Latest base metals news</div><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">24/11/20</div><hr class="News_hr__BZset"/><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">Graphjet launches Malaysian biomass-to-graphite plant</h3><p class="qa-combinedfeed-item-summary News_summary__eRMnt">Singapore, 20 November (Argus) — Nasdaq-listed Graphjet Technology has started operations at its artificial graphite plant in Malaysia, which will produce battery-grade graphite using recycled palm kernel shells (PKS), the firm said on 19 November. Graphjet's facility has the capacity to produce 3,000 t/yr of graphite by recycling up to 9,000 t/yr of PKS, which is sufficient to produce batteries for 40,000 electric vehicles (EVs)/yr. The firm has already received its first shipment of PKS, it said. Graphjet has another artificial graphite production facility planned in US' Nevada, and it plans to produce hard carbon at the Malaysian facility to use as feedstock at the Nevada facility. The Nevada facility is expected to have the capacity to recycle 30,000 t/yr of PKS to produce 10,000 t/yr of battery-grade artificial graphite and is slated to begin production in 2026, said Graphjet in April. China, the dominant producer of graphite, added a number of graphite products into its export licensing scheme at the end of last year. The move back then alarmed its neighbours, Japan and South Korea , which are major battery-producing countries and they have since been looking to reduce their dependency on Chinese graphite. China's graphite flake exports fell by 23pc to 44,103t during January-September following the exports curb, according to Chinese customs data. By Joseph Ho Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.</p></div></a><a class="qa-combinedfeed-secondary-item News_link__TcfaC News_secondary__4Pe3A white" href="/ja/news-and-insights/latest-market-news/2630529-japan-s-iron-ore-imports-fall-on-year-in-october"><div class="News_secondaryOuter__68Cw0 d-none d-lg-flex"><div class="News_secondaryInner__T663Z"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ h5">Latest base metals news</div><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">Japan’s iron ore imports fall on year in October</h3></div><hr class="News_hr__BZset"/><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">24/11/20</div></div><div class="News_secondaryOuter__68Cw0 d-flex d-lg-none"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ News_category__qm0Jk h5">Latest base metals news</div><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">24/11/20</div><hr class="News_hr__BZset"/><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">Japan’s iron ore imports fall on year in October</h3><p class="qa-combinedfeed-item-summary News_summary__eRMnt">Tokyo, 20 November (Argus) — Japan's iron ore imports in October fell from a year earlier, mostly because of lower domestic steel demand. Japan imported around 7.7mn t of iron ore in October, down by 11pc from a year earlier, according to preliminary data from the country's finance ministry released on 20 November. Imports also fell against the previous month by 13.7pc. Japan's iron ore import cost averaged $111.04, down by 5.2pc on the year. The average yen-denominated cost was ¥16,195/t, down by 7.1pc. Domestic steel demand has been sluggish. Japan's crude steel output in October-December is projected to fall by 1.4pc on the year to 21.3mn t, according to a quarterly forecast by the country's trade and industry ministry. Booked orders of ordinary steel for automobile use in September fell for a ninth straight month by 18.8pc to 564,722t, according to data released by industry group Japan Iron and Steel Federation on 18 November. Booked orders of ordinary steel for construction use also fell by 11.3pc on the year to 651,035t, marking the fourth consecutive month of year-on-year decline. Similarly, booked orders of ordinary steel for industrial machinery and equipment use fell by 28.5pc from a year earlier to 78,073t, marking 21 consecutive months of year-on-year falls. By Yusuke Maekawa Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.</p></div></a><a class="qa-combinedfeed-secondary-item News_link__TcfaC News_secondary__4Pe3A white" href="/ja/news-and-insights/latest-market-news/2630109-japan-peru-sign-deal-to-enhance-copper-supply-chain"><div class="News_secondaryOuter__68Cw0 d-none d-lg-flex"><div class="News_secondaryInner__T663Z"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ h5">Latest base metals news</div><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">Japan, Peru sign deal to enhance copper supply chain</h3></div><hr class="News_hr__BZset"/><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">24/11/19</div></div><div class="News_secondaryOuter__68Cw0 d-flex d-lg-none"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ News_category__qm0Jk h5">Latest base metals news</div><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">24/11/19</div><hr class="News_hr__BZset"/><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">Japan, Peru sign deal to enhance copper supply chain</h3><p class="qa-combinedfeed-item-summary News_summary__eRMnt">Tokyo, 19 November (Argus) — The Japanese and Peruvian governments have signed a strategic partnership to bolster the copper supply chain, with a comprehensive road map to promote bilateral business opportunities for natural resources. This agreement came as Japan accelerates efforts to secure copper supplies, while Peru is a key global copper supplier. The two countries rolled out a comprehensive road map for enhancing political and economic relationships on 17 November. This includes organising an annual bilateral meeting for mining and energy investment as well as conducting joint research on efficient mining operations, such as removal of impurities from copper ores, according to the road map. Unlike conventional initial agreements that are typically signed without a specific closing date, the Japanese-Peruvian road map has set a 10-year timeline that will end by 2033. This seems to reflect Japan's sense of urgency in securing base metal supply including copper. "Japan would like to continue to co-operate with Peru to strengthen the resilience of the supply chain of mineral resources such as copper", said Japanese prime minister Shigeru Ishiba in Peru on 17 November. Japan's current strategic energy plan that was revised in 2021 aims to lift base metal self-sufficiency to 80pc by 2030, up by around 30 percentage points from the 2018 level. But the strategy appears to not be on track, the country's ministry of trade and industry Meti reiterated in late October without disclosing the current rate. Japan appears to be especially concerned about copper supply. Meti forecasts global copper demand to double to around 50mn t in 2035 following the global electrification of applications including electric vehicles, while there will likely be a 10mn t/yr supply shortage. The country's domestic copper ingot demand is forecast to exceed 1.4mn t by 2030, according to Meti, up by 400,000 t from the 2022 level. This is partially attributed to the adoption of more artificial intelligence, it added. Japan is making efforts to diversify copper supply sources, given the deterioration in quality of copper supplied by the world's biggest producer Chile, Meti said. Peru and Argentina are prominent suppliers in the region, according to Meti, adding that Japanese government support is essential for acquiring stakes in upstream operations in those countries, given their higher risks. By Yusuke Maekawa Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.</p></div></a><a class="qa-combinedfeed-secondary-item News_link__TcfaC News_secondary__4Pe3A white" href="/ja/news-and-insights/latest-market-news/2629862-emr-secures-funds-for-new-recycling-facility"><div class="News_secondaryOuter__68Cw0 d-none d-lg-flex"><div class="News_secondaryInner__T663Z"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ h5">Latest base metals news</div><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">EMR secures funds for new recycling facility</h3></div><hr class="News_hr__BZset"/><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">24/11/18</div></div><div class="News_secondaryOuter__68Cw0 d-flex d-lg-none"><div class="qa-combinedfeed-item-eyebrow News_meta__Gc4kJ News_category__qm0Jk h5">Latest base metals news</div><div class="qa-combinedfeed-item-date News_meta__Gc4kJ News_date___zoLz h5">24/11/18</div><hr class="News_hr__BZset"/><h3 class="qa-combinedfeed-item-title News_headline__JsnZr">EMR secures funds for new recycling facility</h3><p class="qa-combinedfeed-item-summary News_summary__eRMnt">London, 18 November (Argus) — Global recycler European Metal Recycling (EMR) has secured a £3.4mn ($4.3mn) grant from the Advanced Propulsion Centre (APC) to support a new metals processing facility that will produce aluminium extrusion billet using up to 100pc recycled content, it said today. Led by EMR, the project is also supported by France-based aluminium producer Constellium and automaker Stellantis, as well as surface treatments specialist BCW Treatments, software company Riskoa and Brunel University. The project, named ReCircAl, will enable the manufacture at the planned facility of components made from up to 100pc recycled aluminium at an industrial scale to match the mechanical and durability performance of primary aluminium alloys. It will combine EMR's experience processing end-of-life aluminium and Constellium's knowledge of alloy development, supported by the other project partners. Constellium has previously led an APC-funded project to design, develop and test aluminium automotive components at scale to demonstrate that high-strength alloys with high recycled content can meet or exceed OEM key performance criteria. "This project represents a landmark moment for the aluminium industry and the automotive sector," EMR commercial director Bruce Miller said. "By proving that high-performance automotive components can be produced from recycled materials, we are helping to create a more circular vehicle manufacturing industry in the UK." By Jethro Wookey Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . 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The country produced 6.9mn t of crude steel in October, down by 7.8pc from a year earlier, according to preliminary data released by industry group the Japan Iron and Steel Federation (JISF) on 21 November. Crude steel production by basic oxygen furnace (BOF) fell by 6.8pc on the year to 5.1mn t, marking the eighth consecutive month of year-on-year fall. Crude steel output by electric arc furnace (EAF) declined for a third straight month by 10.5pc to 1.8mn t. A double-digit output fall by EAF is partly reflecting the weaker steel demand in the construction sector. The country's steel demand is heavily dependent on the automobile and construction sectors, and steel products for each industry are generally produced using the BOF and EAF methods respectively. Booked orders of ordinary steel for construction use in September fell by 11.3pc on the year to 651,035t, marking the fourth consecutive month of year-on-year decline, according to the separate data released by JISF on 18 November. The country's major steel producer JFE on 6 November revised downward its crude steel output to 22.4mn t for the current fiscal year ending 31 March 2025. This is 600,000t lower than its initial figure announced in August, partly owing to weaker than anticipated steel demand from the construction sector, according to the steel company. Rising material costs and labour shortages are causing delays in major construction projects, JFE said, adding that lower steel demand in the construction industry is \"becoming even more obvious.\". By Yusuke Maekawa Japanese ferrous output ('000't) Oct '24 Sep '24 Oct '23 m-o-m ± % y-o-y ± % Crude steel production Ordinary steel 5,328 5,098 5,792 4.5 -8.0 Specialty steel 1,597 1,525 1,719 4.7 -7.1 Total crude production 6,925 6,623 7,511 4.6 -7.8 Crude steel production method Basic oxygen furnace 5,101 4,794 5,473 6.4 -6.8 Electric arc furnace 1,824 1,829 2,038 -0.3 -10.5 Pig iron production 5,075 4,802 5,405 5.7 -6.1 Source: Japan Iron and Steel federation *Based on preliminary data Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.","links":[{"rel":"article","href":"https://api.argusmedia.com/articles/2631014"}],"tags":null,"taxonomy":null,"id":2631014,"language":"en-GB","body":null},{"type":"News","datePublished":"2024-11-20T10:00:30Z","headline":"Graphjet launches Malaysian biomass-to-graphite plant","summary":"Singapore, 20 November (Argus) — Nasdaq-listed Graphjet Technology has started operations at its artificial graphite plant in Malaysia, which will produce battery-grade graphite using recycled palm kernel shells (PKS), the firm said on 19 November. Graphjet's facility has the capacity to produce 3,000 t/yr of graphite by recycling up to 9,000 t/yr of PKS, which is sufficient to produce batteries for 40,000 electric vehicles (EVs)/yr. The firm has already received its first shipment of PKS, it said. Graphjet has another artificial graphite production facility planned in US' Nevada, and it plans to produce hard carbon at the Malaysian facility to use as feedstock at the Nevada facility. The Nevada facility is expected to have the capacity to recycle 30,000 t/yr of PKS to produce 10,000 t/yr of battery-grade artificial graphite and is slated to begin production in 2026, said Graphjet in April. China, the dominant producer of graphite, added a number of graphite products into its export licensing scheme at the end of last year. The move back then alarmed its neighbours, Japan and South Korea , which are major battery-producing countries and they have since been looking to reduce their dependency on Chinese graphite. China's graphite flake exports fell by 23pc to 44,103t during January-September following the exports curb, according to Chinese customs data. By Joseph Ho Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.","links":[{"rel":"article","href":"https://api.argusmedia.com/articles/2630572"}],"tags":null,"taxonomy":null,"id":2630572,"language":"en-GB","body":null},{"type":"News","datePublished":"2024-11-20T03:23:39Z","headline":"Japan’s iron ore imports fall on year in October","summary":"Tokyo, 20 November (Argus) — Japan's iron ore imports in October fell from a year earlier, mostly because of lower domestic steel demand. Japan imported around 7.7mn t of iron ore in October, down by 11pc from a year earlier, according to preliminary data from the country's finance ministry released on 20 November. Imports also fell against the previous month by 13.7pc. Japan's iron ore import cost averaged $111.04, down by 5.2pc on the year. The average yen-denominated cost was ¥16,195/t, down by 7.1pc. Domestic steel demand has been sluggish. Japan's crude steel output in October-December is projected to fall by 1.4pc on the year to 21.3mn t, according to a quarterly forecast by the country's trade and industry ministry. Booked orders of ordinary steel for automobile use in September fell for a ninth straight month by 18.8pc to 564,722t, according to data released by industry group Japan Iron and Steel Federation on 18 November. Booked orders of ordinary steel for construction use also fell by 11.3pc on the year to 651,035t, marking the fourth consecutive month of year-on-year decline. Similarly, booked orders of ordinary steel for industrial machinery and equipment use fell by 28.5pc from a year earlier to 78,073t, marking 21 consecutive months of year-on-year falls. By Yusuke Maekawa Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.","links":[{"rel":"article","href":"https://api.argusmedia.com/articles/2630529"}],"tags":null,"taxonomy":null,"id":2630529,"language":"en-GB","body":null},{"type":"News","datePublished":"2024-11-19T03:36:57Z","headline":"Japan, Peru sign deal to enhance copper supply chain","summary":"Tokyo, 19 November (Argus) — The Japanese and Peruvian governments have signed a strategic partnership to bolster the copper supply chain, with a comprehensive road map to promote bilateral business opportunities for natural resources. This agreement came as Japan accelerates efforts to secure copper supplies, while Peru is a key global copper supplier. The two countries rolled out a comprehensive road map for enhancing political and economic relationships on 17 November. This includes organising an annual bilateral meeting for mining and energy investment as well as conducting joint research on efficient mining operations, such as removal of impurities from copper ores, according to the road map. Unlike conventional initial agreements that are typically signed without a specific closing date, the Japanese-Peruvian road map has set a 10-year timeline that will end by 2033. This seems to reflect Japan's sense of urgency in securing base metal supply including copper. \"Japan would like to continue to co-operate with Peru to strengthen the resilience of the supply chain of mineral resources such as copper\", said Japanese prime minister Shigeru Ishiba in Peru on 17 November. Japan's current strategic energy plan that was revised in 2021 aims to lift base metal self-sufficiency to 80pc by 2030, up by around 30 percentage points from the 2018 level. But the strategy appears to not be on track, the country's ministry of trade and industry Meti reiterated in late October without disclosing the current rate. Japan appears to be especially concerned about copper supply. Meti forecasts global copper demand to double to around 50mn t in 2035 following the global electrification of applications including electric vehicles, while there will likely be a 10mn t/yr supply shortage. The country's domestic copper ingot demand is forecast to exceed 1.4mn t by 2030, according to Meti, up by 400,000 t from the 2022 level. This is partially attributed to the adoption of more artificial intelligence, it added. Japan is making efforts to diversify copper supply sources, given the deterioration in quality of copper supplied by the world's biggest producer Chile, Meti said. Peru and Argentina are prominent suppliers in the region, according to Meti, adding that Japanese government support is essential for acquiring stakes in upstream operations in those countries, given their higher risks. By Yusuke Maekawa Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.","links":[{"rel":"article","href":"https://api.argusmedia.com/articles/2630109"}],"tags":null,"taxonomy":null,"id":2630109,"language":"en-GB","body":null},{"type":"News","datePublished":"2024-11-18T15:10:02Z","headline":"EMR secures funds for new recycling facility","summary":"London, 18 November (Argus) — Global recycler European Metal Recycling (EMR) has secured a £3.4mn ($4.3mn) grant from the Advanced Propulsion Centre (APC) to support a new metals processing facility that will produce aluminium extrusion billet using up to 100pc recycled content, it said today. Led by EMR, the project is also supported by France-based aluminium producer Constellium and automaker Stellantis, as well as surface treatments specialist BCW Treatments, software company Riskoa and Brunel University. The project, named ReCircAl, will enable the manufacture at the planned facility of components made from up to 100pc recycled aluminium at an industrial scale to match the mechanical and durability performance of primary aluminium alloys. It will combine EMR's experience processing end-of-life aluminium and Constellium's knowledge of alloy development, supported by the other project partners. Constellium has previously led an APC-funded project to design, develop and test aluminium automotive components at scale to demonstrate that high-strength alloys with high recycled content can meet or exceed OEM key performance criteria. \"This project represents a landmark moment for the aluminium industry and the automotive sector,\" EMR commercial director Bruce Miller said. \"By proving that high-performance automotive components can be produced from recycled materials, we are helping to create a more circular vehicle manufacturing industry in the UK.\" By Jethro Wookey Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.","links":[{"rel":"article","href":"https://api.argusmedia.com/articles/2629862"}],"tags":null,"taxonomy":null,"id":2629862,"language":"en-GB","body":null}],"itemsCursor":null}]}}},"__N_SSG":true},"page":"/[[...path]]","query":{"path":["commodities","base-metals"]},"buildId":"61995","assetPrefix":"https://www.argusmedia.com","isFallback":false,"isExperimentalCompile":false,"gsp":true,"locale":"ja","locales":["default","en","es","zh","ru","pt","ja","fr","de"],"defaultLocale":"default","scriptLoader":[]}</script></body></html>