Indian Government Approves Hindalco Plan For Second Alumina Refinery In Odisha
Indian aluminium smelter Hindalco obtained permission from the national government earlier this week for its planned greenfield alumina refinery in...
Odisha
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...
Vedanta Plans Flat-Rolled Aluminium Plant For Eastern India
A top official at Indian aluminium smelter Vedanta told local media this week that his firm plans to enhance its...
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...
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 […]
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 ...
