Vedanta to Refocus Operations in Odisha
After investing US$7.5 billion in establishing an alumina refinery and an aluminium smelter and associated power facilities in the region,...
Odisha
Nalco Wins Mining Lease at Pottangi Bauxite Mines
India’s National Aluminium Company Limited (NALCO), announced today that it has been granted a mining lease for Odisha’s Pottangi Bauxite Mines, which is close in proximity to the firm’s 2.275 million metric ton alumina refinery. The lease, which is issued by Odisha’s Department...
India’s Vedanta Looking for Quick, Stable Bauxite Supply for Operations in Odisha
Mumbai miner Vedanta Resources plc is in search of a quick infusion of domestic bauxite resources these days. The firm...
India Quintuples Bauxite Lease Area Limit
India’s Ministry of Mines announced this week that it would increase the lease area for mining bauxite from 10 square...
Events
Nalco Gets Substantial Capital Commitment for Expansion and New Construction of Aluminium Facilities
India’s state-owned aluminium producer National Aluminium Company (Nalco) announced on Monday that it had secured Rs.20,550 crore (US$2,999,344,425.00) for expansion of its aluminium refinery at Damanjodi and construction of a new aluminium park in Angul, both in Nalco’s home state of Odisha on India’s east coast. While addressing investors and government personnel at an investors […]
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 ...
