Alumina Production Costs Fall While Refining Rates Rise In Vedanta’s Third Quarter
According to numbers for the just-ended quarter, metals miner Vedanta refined more alumina at a lower cost than previous quarters...
india aluminium industry
Vedanta Plans Capacity Increase To 1.8 Million MTPA At Lanjigarh Alumina Refinery In Coming Fiscal Year
Indian aluminium producer Vedanta said last week it expects to ramp up production at its Lanjigarh alumina refinery by 300 thousand metric tons per annum in the coming fiscal year. The firm said it plans to ramp up the site’s existing capacity...
India’s Output Growth To Slow Thanks To Soft LME Prices And Maxed-Out Capacity
India’s aluminium production in the coming fiscal year is expected to taper off compared to previous years thanks in part...
AAI Again Petitions Indian Federal Government For Respite From Coal Restrictions
As aluminium producers continue to face ever-shrinking supplies of coal for firing captive power plants, the Aluminium Association of India...
Events
Indian Aluminium Producers Feeling The Squeeze From Cuts In Coal Supply: AAI
Indian aluminium producers are feeling the squeeze of cuts in coal supply to captive power plants. So says the Aluminium Association of India (AAI), noting the continuing rationing of the fossil fuel in favor of the coal-fired plants operated by India’s power sector. Such rationing and the consequent shortages has forced aluminium producers to scour […]
India Postpones Retaliatory Tariffs Against United States Goods Due To Pending Deal On Aluminium Exports
Acting on news that the Trump administration is considering an exemption for the country’s smelters to the blanket tariffs on aluminium it implemented earlier this year, the Indian government has decided to again push back the start date of retaliatory customs duties on an array of U.S. imports. The Indian government announced its decision yesterday, […]
Hindalco Inks Deal With Indian State Of Gujarat To Build New Aluminium Extrusion And Recycling Plants
Indian aluminium smelter Hindalco Industries signed a Memorandum of Understanding (MoU) last week with the Western India state of Gujarat to establish what will ultimately become the state’s largest aluminium extrusion and aluminium recycling plants. According to local media reports, the MoU was executed on Friday by Hindalco Industries managing director Satish Pai and principal […]
Trump Aluminium Tariffs Hamper India’s Competitivity – Indian Trade Association
The Trump administration’s blanket tariffs on aluminium and steel may make Indian exports of the same significantly less competitive compared to countries that have been granted an exemption from the measures. So states a recent report published by The Associated Chambers of Commerce and Industry of India (ASSOCHAM). The report, entitled “Global Tariff War: Implications […]
Vedanta Ltd. Plans US$8 Billion In New Projects Across All Sectors, Including Aluminium
Natural resource major Vedanta Limited is planning to invest almost US$8 billion in a wide range of projects over the next few years, including those involving the production of primary aluminium. Vedanta Ltd’s chairman Navin Agarwal made the announcement in the course of an address to the firm’s shareholders at its annual meeting on Friday. […]
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
