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...
Lanjigarh
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...
Expected Tepid Response Delays Odisha’s Auction Of Bauxite Blocks
Despite residing above over half the country’s total known bauxite reserves, the Odisha government has yet to place a single...
Vedanta Pushes Alumina Production Cost To Record Low In Previous Quarter
Indian metals miner Vedanta Ltd produced alumina at the lowest cost in two years during the prior quarter, with the...
Events
Nalco Appeals Order To Allow Vedanta To Purchase Alumina To India’s Supreme Court
India’s state-run aluminium producer National Aluminium Company Limited (Nalco) has appealed an order by the Odisha High Court ordering it to allow privately-held metals firm Vedanta Ltd. from attempting to purchase surplus aluminium from it. Nalco formally registered its appeal to the Supreme Court late last week, asking the judicial body to require London-based Vedanta […]
Vedanta Produced 1.95 Million Metric Tons Of Primary Aluminium In FY ‘19
With an aluminium output of 1.95 million metric tons in the previous fiscal year, Vedanta Ltd. moved into the pole position for aluminium production among India’s smelters, bumping previous leader Hindalco out of the prime spot. Vedanta’s overall production grew by 17 percent on the year, besting its previous total of 1.67 million metric tons. […]
Violent Protests Claim Two Lives At Vedanta’s Lanjigarh Alumina Refinery
Protests outside a Vedanta alumina refinery in Lanjigarh turned deadly on Monday, as a police officer and a protester were fatally injured in the course of demonstrations at the plant. “Two people have died – one of our Odisha industrial security force personnel and another one from the public,” said senior police officer Gupteswar Bhoi […]
Analysts Predict Strong Year Ahead For India’s Bauxite Production
Though pressures from tightening environmental regulation and push-back from certain local tribal entities may work to slow it, analysts expect India’s bauxite sector to continue to grow by leaps and bounds in the months and years ahead. In a report released earlier this week by Fitch Ratings Inc.’s analyst branch Fitch Solutions Macro Research, the […]
Vedanta Ltd. To Invest Up To US$300 Million On Lanjigarh Alumina Refinery Ramp Up
In preparation of the ramp-up of its Lanjigarh alumina refinery, Indian metals titan Vedanta Ltd plans between US$250 million and US$300 million of capital expenditures in the next fiscal year. Per domestic reporting, the firm intends to recover the capex spent next fiscal year, which begins on April 1, over the course of the following […]
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 ...
