Asia

Marubeni Now Offering Low-Carbon Aluminium Ingot On Its Trading Platform

Marubeni Now Offering Low-Carbon Aluminium Ingot On Its Trading Platform

Japanese trading house Marubeni said last week it will soon begin offering low-carbon aluminium ingot to Japanese buyers in response to domestic buyers’ desire for more options that are produced with lower amounts of greenhouse gas emissions. Buyers in the transport, packaging,...

Events

Vedanta Aluminium Purchases Massive Block Of Renewable Energy From Indian Energy Exchange

India’s larges aluminium producer Vedanta Aluminium Business became the country’s biggest purchaser of renewable energy for the first quarter of FY 21-22 on the Indian Energy Exchange Limited (IEX) this week after it bought 354 million units of solar and non-solar renewable energy from the Green Term-Ahead Market (GTAM). The Vedanta Limited subsidiary is utilizing […]

EGA To Reuse Spent Caustic Soda From Compatriot Firm Gulf Extrusions

Emirates Global Aluminium PJSC (EGA) announced this week an agreement with Al Ghurair Group subsidiary Gulf Extrusions to ship its industrial waste to EGA for re-use in place of fresh raw materials. Per the agreement, Gulf Extrusions will ship about 450 metric tons per month of spent caustic soda from its extrusion plants in Abu […]

Alba Sets Financial Highs In Q2 Across The Board

Aluminium Bahrain B.S.C. (Alba) reported results for the second quarter and first half of 2021 yesterday, showing improvements over last year across the board. In the year’s first half, Alba reported a Total Comprehensive Income of BD90.6 million (US$241.1 million), reversing a loss from last year, up by 598 percent. Gross Profit for the quarter […]

EGA’s Suggestion Scheme Saves AED416 MM In Forty Years

Emirates Global Aluminium PJSC (EGA) marked the 40th anniversary of its Suggestion Scheme last week. Over the previous four decades the Suggestion Scheme has received over half a million suggestions from EGA employees and has saved the company roughly AED416 million (US$113 million). The EGA Suggestion Scheme was first launched in 1981 by then-Head of […]

Vedanta Smelts Record Of 549k Tonnes Of Primary Aluminium In Latest Quarter

Indian aluminium and metals producer Vedanta Limited released results for the quarter ending on 30 June this week. The subsidiary of Vedanta Resources reported production and financial improvements across the board over the same time period in 2020. For the first fiscal quarter Vedanta reported a record consolidated revenue of ₹28,105 crore, better by 79 […]