Italian Aluminium Industry Mulling Involvement in India’s Aluminium Park at Angul
During a visit last week to an Indian government seminar, a delegation representing major stakeholders in Italy’s aluminium industry revealed...
Odisha
Vedanta Awarded Twin Bauxite Mines by Odisha Government
In a move that could help boost Vedanta Resources plc’s chronically anemic bottom line, the state of Odisha has awarded the firm two bauxite mines with combined expected output of 15 million metric tons per annum. The mines are projected to satisfy...
Nalco Mulling Second Caustic Soda Plant in Gambit to Drop Aluminium Production Costs
India’s state-owned metals firm National Aluminium Company Limited is weighing the merits of opening a second caustic soda plant in...
Indian Federal Government Sets March 2018 Completion Date for Angul Aluminium Park
India’s federal government has requested a hastening of Odisha’s government in construction of the aluminium park at Angul, targeting a...
Events
India Projected to Mine 49.4 Million Metric Tons of Bauxite in 2021
India’s bauxite production is expected to more than double by 2021 to almost fifty million metric tons according to a recently-released report from London’s BMI Research. According to the report, India’s production totaled 22.08 million metric tons last year, and production this year is expected to jump by eighteen percent, totaling 26.1 million metric tons. […]
Vedanta to Boost Production Volumes by 50 Percent by 2020
Indian metals miner Vedanta Ltd announced plans last week to increase volumes by half across the entire business spectrum over the coming two to three years. The announcement was made at the firm’s annual general meeting on Friday, which is its first such since merging with Cairn India this spring. “We cannot give you an […]
Nalco to Open New Bauxite Mine at Panchpatmali
A senior official in India’s government told domestic media this week that state-owned National Aluminium Company Limited (Nalco) recently begun the process of opening a new mine at its operations in Panchpatmali. Citing the delays encountered by the firm in obtaining a new mining area, the unnamed official said such a move would help Nalco […]
Nalco Plans 150-mW Wind Power Facility in Odisha
India’s state-owned aluminium firm National Aluminium Company Limited (Nalco) announced a plan late last week to build a 150-mW wind power farm in Odisha. The plant, which could cost in the neighborhood of US$140 million, is intended to support Nalco’s one-million-metric-ton capacity expansion at facilities in the eastern state. “While the Nation is transforming into […]
Captive Coal Cache to Nudge Nalco’s Aluminium Business Into the Black: CMD Chand
India’s National Aluminium Company (Nalco) expects to return its aluminium business’ bottom line into the black in two years thanks to the captive power source it will soon begin to utilize in the state of Odisha. “With the commencement of coal production from Utkal-D and Utkal-E blocks, the power cost will plunge which will make […]
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 ...
