Odisha

India Steel Minister Pushes For Quick Completion Of Angul Aluminium Park

India Steel Minister Pushes For Quick Completion Of Angul Aluminium Park

India’s steel minister Dharmedra Pradhan went on record Saturday in full support of a speedy completion to Angul Aluminium Park after a meeting between the project’s partners National Aluminium Company (NALCO) and the Odisha Industrial Infrastructure Development Corporation. Also present was chairman-cum-managing...

Events

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 cost per metric ton falling by 17 percent to US$284. In an investor presentation prepared on the first quarter of fiscal year 2020, Vedanta said better bauxite sourcing from the government via Odisha Mining Corporation […]

State Court Opens Door For Vedanta’s Participation In Nalco’s Alumina Sales

Relief may be on the way for Vedanta’s Jharsuguda unit after the state’s high court ordered National Aluminium Company (Nalco) to permit the firm to participate in a tender for surplus alumina. The suit in question is the latest effort in a campaign by Vedanta to gain access to Nalco’s alumina stream. The private firm […]

Hindalco Considering Move Into Lithium Production

Indian aluminium firm Hindalco Industries is mulling entering the lithium market in a bid to enhance its aluminium business. Such is the news from domestic media earlier this week. Hindalco’s managing director Satish Pai told the media that the move lacks only an opportunity before becoming a reality. “Lithium is the closest to our (aluminium) […]

Jharsuguda Locals Appeal To Chand To Open Alumina Bidding To Vedanta

In a bid to aid Vedanta Ltd. in its search for raw materials, a contingent of local citizens sent a letter last week to National Aluminium Company Limited’s (Nalco) Chairman and Managing Director Dr. Tapan Kumar Chand appealing to him to open the bidding for 30 thousand metric tons of metallurgical-grade alumina to the firm. […]

Government Policy Allowing 100 Percent Foreign Domestic Investment A Boon To Aluminium Industry: Mines Minister

In comments to domestic aluminium industry stakeholders, India’s Mines Minister said that his government will continue to develop and encourage greater foreign direct investment (FDI) in the aluminium sector as a means to attract more funding for aluminium projects. Speaking at the International Conference on Aluminium (INCAL 2019), Narenda Singh Tomar said that the policy […]