NALCO To Invest ₹30,000 Crore On Expansions At Angul Aluminium Smelter
India’s National Aluminium Company (NALCO) is planning to invest over ₹30,000 crore (US$17.7 billion) through 2028 on expanding and diversifying...
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Indian Government Approves ₹2.67 Billion In New Bauxite Mining Projects For Chhattisgarh
Earlier this week the Indian government approved of ₹2.67 billion (US$36.3 million) in new bauxite ore mining projects for the state of Chhattisgarh. On Tuesday, Chief Minister of Chhattisgarh Bhupesh Baghel announced the approval of projects related to the Mineral Resources Department...
Vedanta Plans Capacity Increase To 1.8 Million MTPA At Lanjigarh Alumina Refinery In Coming Fiscal Year
Indian aluminium producer Vedanta said last week it expects to ramp up production at its Lanjigarh alumina refinery by 300...
India’s Aluminium Industry Calls Upon Government To Cut Duties On Raw Materials
Last week India’s aluminium industry called upon New Delhi to cut basic customs duties on aluminium fluoride and other raw...
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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 the firm has been selling spare alumina on the spot market in an […]
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 bauxite and coal mines. Such was the message conveyed by the Jharusguda plant’s incoming Chief Executive Officer Chhavi Nath Singh to domestic media late last week. “We are still importing 40% of our bauxite requirement […]
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 reducing India’s dependency upon the People’s Republic of China for lithium supplies. IOCL execs told local media it has entered into a partnership with an unnamed overseas firm to begin the process. The firm is […]
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 the country’s standards for scrap aluminium usage in order to contain the rising tide of imported scrap aluminium and what stakeholders consider to be odd usages of it. Prompted by trade tensions between the governments […]
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 […]
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 businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
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 ...
