Vedanta’s Jharusguda Plant Has Its Sights Set On Captive Bauxite And Coal Resources: Incoming CEO Singh
In order to remain among the world’s cheapest producer of aluminium, Vedanta Ltd. is working toward having its own captive...
republic of india
Nalco Mulling Return To Long-Term Sales Contracts For Surplus Alumina
Citing a fall in global alumina prices, India’s state-run aluminium firm National Aluminium Company Ltd (Nalco) said late last week that it will reboot its strategy regarding sales of the aluminium precursor, with a return to long-term contracts likely. Up until recently...
Indian Oil Corp Plans Project To Develop And Market Alumina-Based Batteries
Indian Oil Corporation (IOCL) announced plans earlier this week to develop and research an alumina-based battery in an effort at...
India Aluminium Producers Working On Scrap Standards To Stem Rising Tide Of Imports
India’s aluminium producers are teaming up with planning think-tank Niti Aayog and the Bureau of Indian Standards (BIS) to retool...
Events
Indian Aluminium Producers Struggle Through Fall in Domestic Demand And Rise In Imports
Despite an aluminium demand growth in India of 7 percent in the April through June quarter, a tepid growth in consumption by major industries facing liquidity challenges held aluminium producers back in the quarter. According to reports in domestic financial media, aluminium sales by Indian firms were off by 10.8 percent in the quarter, losing […]
India’s Automotive Component Manufacturers Going All-In On Aluminium Forging
In a bid to position themselves to take advantage of the ever-tightening emission regulations and the rise of electric vehicles, several of India’s top automotive component manufacturing firms are investing in in-house aluminium forging. Several industry leaders and experts went on record in a report published by domestic media late last week regarding their increasing […]
Indian Firm Titagarh Firema To Build 102 Aluminium-Bodied Rail Coaches For Pune Metro
Indian multinational firm Titagarh Wagons Ltd’s wholly-owned Italian subsidiary Titagarh Firema S P A will be building over one hundred aluminium-bodied rail coaches for Pune Metro, marking the first time such coaches will be built on the subcontinent. Per local media, the Kolkata-based firm won the bid to produce 102 of the ultra-modern metro rail […]
Vedanta To Export Over Half Its Output As India’s Aluminium Imports Continue To Rise
Even as India’s aluminium imports continue to rise, Vedanta Ltd. plans to increase its exports of the metal. Such was the message from a company officer who spoke with domestic media earlier this week. In the current fiscal year the firm plans to send over half its primary aluminium production overseas. As India’s premier aluminium […]
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 […]
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 and industry experts from all over the world to hear and exchange information on latest developments related to base metals and their ...
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 ...
International Aluminium 2019 Conference – Key Takeaways
The FastmaketsMB aluminium conference is the sequel to the Metal Bulletin aluminium conferences, which have traditionally been one of oldest ...
