Asia

Federal Auditors Take Nalco To Task For Weak Performance And Lost Financial Opportunities

Federal Auditors Take Nalco To Task For Weak Performance And Lost Financial Opportunities

India’s state-owned aluminium producer National Aluminium Company Ltd was taken to task last week by the national auditor for failing to perform to expectations and acting slowly in developing coal mines given to it by the government. The Comptroller and Auditor General...

Events

Nalco To Branch Out Into Aluminium Alloys, Battery Production: Chand

In a wide-ranging interview with domestic media, National Aluminium Company Ltd’s (Nalco) chief Tapan Kumar Chand explained the firm’s plan to insulate itself from a volatile aluminium trade by diversifying into a range of new areas, including lithium mining, aerospace alloys, and mineral trading. “Nalco is building on its expertise in bauxite mining and aluminium […]

Despite Lobbying, India Government Passes On Rise In Aluminium Scrap Duties

Although the Indian Primary Aluminum Association has intensely lobbied the Indian government for a raise on scrap metal imports, New Delhi’s budget for the upcoming year has no provisions for an increase on aluminium-rich zorba scrap metal import duties. Indian aluminium firms stepped up calls for a rise in aluminium scrap import duties after the […]

Alba Records 25-Percent Rise In Aluminium Sales Volume In Year’s Opening Half

Aluminium Bahrain B.S.C. released production numbers for the second quarter of 2019 over the weekend. Despite sagging prices at the London Metal Exchange, Alba turned in double-digit increases in both sales volume and throughput in the quarter. During the year’s second quarter Alba recorded a sales volume of 311,928 metric tons, up by 25 percent […]

Indian Government Funds Technology Transfer For Transition To Aluminuim Rail Coaches

India’s government has taken steps to obtain technology for producing all-aluminium railway coaches, phasing out heavier and less efficient conventional rolling stock. Commenting to India’s Lok Sabha last week, Railways Minister Piyush Goyal said that, from the current fiscal year forward, Indian Railways would produce exclusively Linke Hofmann Busch (LHB) aluminium-body coaches. “Action has also […]

New Andhra Pradesh Government Rescinds Mining Authorization For Vishakhapatnam

The incoming government for Andhra Pradesh announced earlier this week its decision to rescind the order promulgated by a previous government allowing for bauxite mining along the coast at Vishakhapatnam. On Tuesday, the state’s new Chief minister YS Jagan Mohan Reddy requested the cancellation of the bauxite mining order by the state’s mining department largely […]