McKechnie invests in new $18 million machinery to produce larger and complex aluminium profiles
McKechnie Aluminium, a pioneer in manufacturing and delivering high-quality aluminium components in New Zealand, has reportedly invested in new machinery worth $18 million for better production in the future.
Already known for having the lowest carbon footprint in Australia, McKechnie Aluminium now boasts for having the newest and most technologically advanced press in New Zealand.
Managing director Pramod Khatri said the new machine increased the plant’s capacity by about 30 per cent to 40 per cent, helping produce larger-sized products and complex profiles.
"We have leap-frogged into the future in terms of technology, we have got a press that will cater for the future, whatever is coming," said Khatri.
He also added the only aluminium extruder in New Zealand had been manufacturing and exporting aluminium extrusions for 60 years and would continue doing so for at least another 60 years with the new press.
According to him, the $18 million investment in the new press was welcome news for the local economy, particularly in the wake of the Government’s 2018 announcement to cease offshore oil and gas exploration.
The introduction of the new machinery took three years to complete and a few months to be commissioned.
Following the tradition of naming, the Italian supplier Turla suggested the name Giulia (pronounced Julia), meaning ‘new’ and ‘prosperous, for the new McKechnie Aluminium machinery.
McKechnie is the only aluminium extruder with a re-melt facility, which means a high proportion of its product is made from recycled content. It employs 300 people in total at its sites in Australia and New Zealand.
source: ALCIRCLE.COM
Top News
Glencore in talks to sell Philippine copper smelting unit
Rasul Khalife Soltani, Secretary of the Iranian Steel Producers Association on the sidelines of the 1403 Steel Symposium:
Mobarakeh steel is producing green steel through scrap recycling
India’s record gold import said to be due to calculation error
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Norge Mining acquires Europe’s largest natural graphite producer
Mercuria partners with Zambia on metals trading venture
Aluminum price falls to one-month low in wider commodity slump
Skeena advances Eskay Creek permitting, unlocks Orion funding
Lure of Anglo’s copper mines could test BHP’s spending resolve
Copper giant Peru foresees another production plateau in 2025
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Mercuria partners with Zambia on metals trading venture
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Lure of Anglo’s copper mines could test BHP’s spending resolve
Iron ore price weakens as Australia flags return to sub-$100 prices
Nickel price hits 4-year low as gloom offsets potential Indonesia cuts
Sibanye raises $500m via metals streaming deal with Franco-Nevada
Triple Flag to acquire royalty on Tres Quebradas lithium project
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Aluminum price falls to one-month low in wider commodity slump
India’s record gold import said to be due to calculation error
Glencore in talks to sell Philippine copper smelting unit
