indian aluminium production

India Aluminium Producers Petition Government For Relief From Coal Tax

India Aluminium Producers Petition Government For Relief From Coal Tax

India’s aluminium industry petitioned the national government for the removal of taxes on coal in the coming fiscal year in a bid to relieve the industry of skyrocketing power costs. The Association of Aluminium Industries led the charge to remove the cess...

Events

Vedanta Resources Posted Record Aluminium Production Total Last Quarter

London-based Indian metals and mining firm Vedanta Resources plc released production totals for the second quarter and first half of FY 2018 on Tuesday, posting record production totals across several segments including that of aluminium. The firm produced a company-record total of 401 thousand metric tons in the quarter ending September 30, a 36-percent rise […]

Hindalco Turns In Strong Financials for Second Quarter of FY 2017

Hindalco Industries Limited reported unaudited earnings for the second quarter of fiscal year 2017 on Saturday. Numbers for the firm were up, thanks in large part to a strong showing in aluminium. Hindalco’s revenues in the quarter were ₹95.62 billion, which was basically level year-on-year. PBITDA came in at ₹14.93 billion, up 39% year-on-year, and […]

Balco Returns to Full Production After Two Years

Bharat Aluminium Company Limited (BALCO) is now running at full speed, according to remarks made by the firm’s CEO to an Indian newspaper. Balco is planning to reach a yearly output of almost six million metric tons of aluminium at its smelter in Chhattisgarh, central India. “All units – the smelter, power project, sheet rolling […]

Lower Material Costs and Higher Production Boost Hindalco’s Q1 2017 Numbers

Indian aluminium producer Hindalco Industries Ltd. turned in numbers for the first quarter of FY 2017 yesterday. The Aditya Birla Group subsidiary turned in substantially better bottom-line numbers in the just-ended quarter compared to last year’s Q1. The firm increased aluminium production in the quarter by seventeen percent to 308 thousand metric tons. A drop […]