Odisha

Indian Court Halts Odisha’s Auction Of Karlapat Bauxite Ore Tract

Indian Court Halts Odisha’s Auction Of Karlapat Bauxite Ore Tract

The government of the Indian state of Odisha has suspended the auction of the Karlapat bauxite and iron ore block after a regional court ordered the sale to be placed on hold. The court’s decision came after environmentalists filed suit to prevent...

Events

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 value-added portfolio with the construction of a INR2,500 crore aluminium flat rolled products plant. The Chief Executive Offiecer of Vedanta Aluminium and Power Ajay Kapur said that the move will be part of a larger […]

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 block up for online auction to date. According to experts, state officials have thus far backed away from auctioning the blocks over concerns that the bauxite ore outcroppings will not draw the sort of significant […]

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) […]