India’s aluminium giant Hindalco is partnering with MIT-Harvard start-up accelerator program Manush Labs on a project to boost clean-tech startups around the world. Hindalco says the Cleantech Startup Challenge 2022 program would run for six months and intends to support prototyping, piloting,...
Indian aluminium producer Hindalco Industries has reached an agreement with Greenko Energies Pvt Ltd to build a renewable energy plant...
Norway aluminium producer Norsk Hydro ASA has agreed to sell its Kuppam extrusion plant to Hindalco for US$33 million according...
Atlanta’s rolled and recycled aluminium firm Novelis Inc. reported financial results for the first quarter of fiscal year 2021 on...
A few of the world’s major aluminium producers are less than pleased with the London Metal Exchange with its move to provide a new trading platform for green aluminium. Such was the report after they recently went on record with financial media admitting to opposing the LME’s plans. In an article in Financial Times, executives […]
Indian aluminium smelter Hindalco and India’s biggest cement and concrete firm UltraTech Cement Ltd. have entered into an agreement for Hindalco to supply 1.2 million metric tons of red mud to UltraTech’s 14 plants across India. Per the firm, red mud is rich in alumina, silica, and alkali, making it well suited to use in […]
Indian aluminium smelter Hindalco said last week it plans to increase overseas sales of its output in the coming year to almost two-thirds, raising it from last year’s half-and-half split between domestic and foreign sales. According to statements made by managing director Satish Pai, the move is the result of a significant downturn in domestic […]
Indian aluminium smelter Hindalco obtained permission from the national government earlier this week for its planned greenfield alumina refinery in the western state of Odisha. According to reports, the High Level Clearance Authority (HLCA) gave its blessing to Hindalco’s plan, which is an ₹8,000-crore (US$1.1 billion) project to be built with a nameplate capacity of […]
Despite residing above over half the country’s total known bauxite reserves, the Odisha government has yet to place a single block up for online auction to date. According to experts, state officials have thus far backed away from auctioning the blocks over concerns that the bauxite ore outcroppings will not draw the sort of significant […]
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
