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Press Office - Hulamin

Hulamin

Our core purpose is to consistently meet or exceed the reasonable expectations of our major stakeholders (which specifically include our employees, customers, suppliers, shareholders and the communities that surround us). We do this by creating value through the manufacture of high-value aluminium semi-fabricated products. In doing so, we contribute to the upliftment of the standard of living in the region. We achieve this by stimulating business activities associated with adding value to the large quantities of primary aluminium produced in the region and through pursuing related business opportunities within which we can further apply our capabilities.

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South32 amends coal and metals output expectation

By: Esmarie Swanepoel     27th April 2017 In addition to revising its full-year output guidance for the Cannington multi-metals mine, in Queensland, diversified spin-off South32 has also revised its full year production guidance for its South African energy coal operations. Following a fire at the Cannington mine in April this year,... 

CNC Machines to produce components for isotope separation facility 

     26th April 2017 Machine component manufacturer Precision Separators will be manufacturing and producing components for a medical isotope facility in Pretoria.  

Riots hit major bauxite mining hub in Guinea

By: Reuters     26th April 2017 Riots have paralysed a major bauxite mining hub in Guinea, Africa's top producer, as residents erected barricades and burned tyres to protest against high pollution levels and power cuts, government and company officials said on Tuesday. The unrest broke out on Monday night in the city of Boke,... 

Russian mining tycoons eyeing return to London's stock market

By: Bloomberg     26th April 2017 For three years, Russian companies retreated from the London stock market. Now, a pair of oil and mining-billionaires is hoping to break the drought. En+ Group, owned by aluminium magnate Oleg Deripaska, and Polyus PJSC, a gold producer controlled by the family of Suleiman Kerimov, are planning... 

Elliott spurns offer, forging ahead with Arconic proxy fight

By: Reuters     25th April 2017 Tensions between Elliott Management and specialty metals maker Arconic Inc escalated on Tuesday, as the hedge fund spurned a truce offered by the company and urged shareholders to elect all four of its director nominees. Elliott's latest letter to shareholders came a day after Arconic said it was... 

Atlas Copco portable LED light towers shed reliable and efficient light

     25th April 2017 Atlas Copco Portable Energy’s latest range of portable HiLight light towers incorporates cutting-edge LED (Light Emitting Diode) technology and delivers reliable and efficient lighting solutions with up to 25% more light compared to metal halide lamps and average savings of 60% on fuel... 

Arconic opens door to Elliott deal with offer of two board seats

By: Bloomberg     25th April 2017 Arconic broached a potential compromise in a bruising proxy battle with Elliott Management, saying it would be willing to hand over two of the four board seats sought by billionaire Paul Singer’s New York hedge fund. The Arconic board will “promptly appoint” two of Elliott’s candidates if they... 

Alcoa off to a strong start as independent firm

By: Mariaan Webb     25th April 2017 US aluminium producer Alcoa is off to a strong start as an independent company, with the firm on Monday reporting first-quarter revenue and profit growth on stronger alumina and aluminium prices. Alcoa posted net income of $225-million, or $1.21 a share, in the first quarter of 2017, compared... 

Chamberlain chosen as LME chief with mandate to reform

By: Reuters     22nd April 2017 Matt Chamberlain was named London Metal Exchange (LME) chief executive on Friday, with a mandate from its owner the Hong Kong bourse to reform the world's largest and oldest metals market. Chamberlain, 35, had been acting CEO since January, when a combination of falling trading volumes and a... 

Ex-Arconic CEO targeted Elliott founder's alleged World Cup antics

By: Reuters     21st April 2017 The letter by Arconic CEO Klaus Kleinfeld that led to his resignation earlier this week focused on the alleged behaviour of Paul Singer, founder of $33-billion hedge fund Elliott Management, at the 2006 World Cup in Berlin. Elliott, which had launched a proxy battle against the specialty metal... 

Supply disruption hits Vedanta's aluminium plant in eastern India

By: Reuters     20th April 2017 Diversified miner Vedanta said on Thursday its 500 000 t aluminium smelter in the eastern state of Odisha was hit by a power outage this week that damaged over one-third of its processing capacity. The company said 228 out of a total of 608 pots that process molten aluminium were damaged by the... 

India raises $186m from Nalco share sale, kicks off FY18 asset sale process

By: Reuters     20th April 2017 India raised 12-billion rupees ($185.7-million) from a 9.2% stake sale in state-run National Aluminium Co (Nalco), the government said on Thursday, kicking off its asset sale programme for the new financial year. The finance ministry aims to raise a total 725- billion rupees through sale of... 

Rio Tinto iron-ore, coal production hit by heavy rains

By: Esmarie Swanepoel     20th April 2017 Diversified giant Rio Tinto has seen production decline across its asset portfolio, as the Western Australia and Queensland operations were impacted by wet weather conditions during the three months to March. Iron-ore production from the Pilbara operations declined by 10% compared with the... 

Alcoa swaps New York for the city of steel as Harvey simplifies

By: Bloomberg     20th April 2017 Alcoa is giving up the glamour of New York City and going back to Pittsburgh, as new CEO Roy Harvey steps up efforts to streamline the aluminium maker. Changing headquarters and closing seven locations across the US, Europe and Asia is part of a push to lower costs after the producer of the... 

New laser source expands possibilities

     14th April 2017 International laser systems provider Trotec Laser has expanded the product portfolio of the Galvo marking lasers with a new laser source MOPA. The new laser source allows expanded possibilities for users when marking metals and plastics. With the MOPA laser, users are able to also mark plastics... 

Scotiabank’s commodity price index gains 2.2% in February

By: Creamer Media Reporter      13th April 2017 The Scotiabank Commodity Price Index gained 2.2% month-over-month in February as industrial commodities continue to benefit from healthy demand on the back of a stronger global economic outlook, while supply-side idiosyncrasies continue to provide opportunity for differentiation, the banking... 

Billionaire Agarwal creates BHP-style Indian resources major

By: Bloomberg     12th April 2017 Anil Agarwal has sealed the merger of his mining and energy businesses in India, creating a BHP Billiton-like resources conglomerate, even as a recent investment in Anglo American Plc raises questions about how far the-billionaire’s ambitions stretch. Vedanta combined with unit Cairn India on... 

Richards Bay plant to make pearly whites from industrial slag

By: African News Agency      11th April 2017 It’s hard to avoid references to a phoenix while thinking about a deal being inked on Tuesday that will turn industrial waste into a pearly white pigment … and put hundreds of people to work. A technology partnership between Johannesburg-based Nyanza Light Metals and Avertana of New Zealand will... 

Rio Tinto delivers on climate targets with big emissions cuts

By: Esmarie Swanepoel     11th April 2017 Diversified miner Rio Tinto has delivered on its climate change targets, with the company having slashed its greenhouse gas (GHG) emissions intensity by more than a quarter since 2008. The global mining group has reduced its GHG emissions intensity by 20.3% from 2008 to 2015, exceeding a 10%... 

Printed titanium parts expected to save millions in Boeing Dreamliner costs

By: Reuters     11th April 2017 Boeing Co hired Norsk Titanium to print the first structural titanium parts for its 787 Dreamliner, a shift that the Norwegian three-dimensional (3-D) printing company said would eventually shave $2-million to $3-million off the cost of each plane. The contract announced on Monday is a major... 

BMI forecasts change in commodity demand up to 2050

By: Anine Kilian     7th April 2017 Structural macroeconomic and industry shifts will contribute to changing demand patterns for various commodities over the coming decades, says research firm BMI. “We believe demand for commodities such as coal, iron-ore, steel and fertilisers will slow over the years to 2050, while demand for... 

Stronger iron-ore, coal prices push Australia’s export earnings higher

By: Esmarie Swanepoel     7th April 2017 The value of Australia’s resources and energy export earnings for 2016/17 has been upwardly revised by A$12-billion since December last year, to A$215-billion. The Office of the Chief Economist said on Friday that the upward revision largely reflected the unexpected increase in iron-ore prices,... 

New fastening solution introduced onto market

By: Johane Turkstra     7th April 2017 To mitigate welding, bolting and clamping, construction company Hilti introduced to the South African market its Threaded Stud S-BT technology for multipurpose fastenings, including grating, onto coated structural steel in mildly and highly corrosive environments. “Welding channel mounts or... 

The mind-machine interface really counts

By: Kelvin Kemm     7th April 2017 In 1903, the Wright brothers, Wilbur and Orville, made the first powered aircraft flight. Their first flight’s distance was less than the wingspan of a Boeing 747. But they had done it, they had achieved powered flight.  That story is well known. But what happened next? Well, five years later,... 

New agroprocessing-, metals-focused Ipap to be released in April

By: Schalk Burger     31st March 2017 A new Industrial Policy Action Plan (Ipap) focused on supporting the agroprocessing and metals industries, including foundries and the casting sector, will be released in April, Department of Trade and Industry (DTI) director-general Lionel October says. “We are aiming to strategically support... 

Rising US, Iran tensions jeopardise Indian project 

By: Ajoy K Das     30th March 2017 The Indian government has asked domestic companies to exercise caution in proceeding with projects in Iran amid rising tension between the US and the Persian Gulf nation. Projects that may be impacted by the government advisory include the Farzad B offshore gasfield project proposed by ONGC... 

Firms demand EU deal ensures their survival as May triggers Brexit

By: Reuters     29th March 2017 Carmakers and airlines easyJet and Ryanair demanded Britain secure a Brexit deal which preserves their access to Europe, warning any barriers to trade could risk the future of car plants and ground flights between the UK and the continent. No-deal in Brexit talks is not an option, Britain's car... 

Liquid metal battery inventor questions lithium-ion as grid-scale storage solution 

By: Terence Creamer     29th March 2017 Liquid metal battery inventor Professor Donald Sadoway, of the Massachusetts Institute of Technology, believes the technology has the potential to provide the “missing piece” in an electricity market that relies on “redundancy and overcapacity” to balance supply and demand – a feature that will... 

World’s most powerful demolition hammer from Bosch

     27th March 2017 The world’s most powerful electric breaker has been launched by Bosch for demolition work in concrete, stone, or asphalt. The Bosch GSH 27 VC Professional has an impact energy of 69 joules, with an average material removal rate of 3.2 tons an hour, a 50% increase over the previous model. Another... 

Opportunities from the Indian Ocean Rim

By: Riaan de Lange     24th March 2017 Indian Ocean Rim Association Well, this certainly is a blast from the past. It was a long time ago. I had just joined the then South African Chamber of Business (Sacob) – on March 1, 1995 – and, within a few days, I was jetting off to Mauritius. I thought that I had hit the big time, and yes, the... 

Pumps range included in offering to cater for demand

By: Simone Liedtke     24th March 2017 Technical solutions provider Bearing Man Group (BMG) is strategising to enhance its fluid technology services to meet growing market demand in diverse industries, including the pumps industry. 

RS Components offers 800 new Bahco tools for thousands of applications

     23rd March 2017 New tools offer specific tailored capabilities for multiple different and demanding industries RS Components (RS), the trading brand of Electrocomponents plc, the global distributor for engineers, has added over 800 products to its Bahco tool range. 

EIUG supports Eskom plan for new pricing deals with power-intensive firms 

By: Terence Creamer     22nd March 2017 The Energy Intensive User Group of Southern Africa (EIUG) believes there is policy, legislative and regulatory space to introduce new electricity pricing arrangements to help restart of idle mining and process-industry activities, as well as encourage new investments to absorb Eskom’s surplus,... 

LED lights beneficial to beer industry

By: Johane Turkstra     17th March 2017 Luminaire manufacturing company Beka Schréder advocates that using light-emitting diode (LED) lights is more effective for beer brewing and bottling facilities because the type of light source used could negatively affect the beer brewing process. Using artificial lighting within the beverage... 

New system expands product range

     17th March 2017 The condition monitoring equipment range from technical solutions provider Bearing Man Group (BMG) has been expanded by the newly launched portable SPM Leonova Diamond Aligner (SPM Leonova) system. 

New agroprocessing-, metals-focused Ipap to be released next month

By: Schalk Burger     15th March 2017 A new Industrial Policy Action Plan (Ipap) focused on supporting the agroprocessing and metals industries, including foundries and the casting sector, will be released in April, Department of Trade and Industry (DTI) director-general Lionel October said at the Metal Casting Conference, in Kempton... 

Seifsa In Search Of The Most Innovative Company Of The Year In The Metals And Engineering Sector

     15th March 2017 The company that will have stood head and shoulders above its competitors in the metals and engineering sector when it comes to innovation will be celebrated in Sandton, Johannesburg during a gala dinner at the 2017 SEIFSA Awards for Excellence, the Steel and Engineering Industries Federation of... 

Tech metals supply lagging demand as electric car production increases

By: David Oliveira     10th March 2017 The burgeoning lithium-ion battery market, buoyed by increased demand for and production of electric vehicles (EVs), among other end-uses, is making it increasingly difficult for producers of tech metals such as lithium and cobalt to keep pace with the demand from technology developers. Global... 

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