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)...
Odisha
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...
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...
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...
Events
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 […]
Vedanta Plans Sixfold Increase Of Alumina Production At Lanjigarh Refinery By Spring 2020
India’s metals conglomerate Vedanta Ltd. announced late last week its intention to bump up alumina production from its refinery in Lanjigarh from its current total of 1 million metric tons per annum to a yearly run of 6 million metric tons now that its proposal for same has been approved by Odisha’s High-Level Clearance Authority […]
Nalco Announces Plans For A ₹5.52 Billion Downstream Aluminium Project In Central Odisha
Fresh off the development of a downstream aluminium plant in conjunction with Odisha Industrial Infrastructure Development Corporation (Idco) and the announcement of plans to partner with Rusal and Almex on other downstream projects, India’s National Aluminium Company (Nalco) announced earlier this week plans to invest ₹5.52 billion (US$76 million) in another downstream aluminium project to […]
Vedanta’s Lanjigarh Alumina Refinery Receives First Bauxite Shipment From Kodingamali
Indian aluminium producer Vedanta Ltd. has received the long-awaited stream of bauxite ore from Odisha Mining Corporation (OMC), paving the way for its plans to complete its expansion of its alumina refinery at Lanjigarh. According to domestic media, Vedanta received the maiden bauxite shipment from OMC earlier this week. Vedanta Limited’s External affairs (Head) Sanjeev […]
Vedanta’s Odisha Alumina Refinery Obtains Approval For Expansion To 6 MTPA
India’s Vedanta Resources Plc announced last week that it has garnered state approval to expand its operations at Lanjigarh aluminium refinery to an output of 6 million metric tons per annum. The firm also revealed a deal with Emirates Global Aluminium to supply the new capacity with bauxite ore. Domestic media reports that the firm […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
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 ...
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 ...
