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)...
Vedanta Ltd.
Nalco Appeals Order To Allow Vedanta To Purchase Alumina To India’s Supreme Court
India’s state-run aluminium producer National Aluminium Company Limited (Nalco) has appealed an order by the Odisha High Court ordering it to allow privately-held metals firm Vedanta Ltd. from attempting to purchase surplus aluminium from it. Nalco formally registered its appeal to the...
Violent Protests Claim Two Lives At Vedanta’s Lanjigarh Alumina Refinery
Protests outside a Vedanta alumina refinery in Lanjigarh turned deadly on Monday, as a police officer and a protester were...
Vedanta Files Suit Against Nalco To Tap Into Exported Alumina Stream
Staring the prospect of a winnowing feedstock supply square in the eye, India metals miner Vedanta has turned to the...
Events
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 letter last week to National Aluminium Company Limited’s (Nalco) Chairman and Managing Director Dr. Tapan Kumar Chand appealing to him to open the bidding for 30 thousand metric tons of metallurgical-grade alumina to the firm. […]
India’s Primary Aluminium Imports Rose 24 Percent In April – October, With More On The Way
Trade tensions between the United States and the People’s Republic of China helped boost primary aluminium imports to India by 24 percent and scrap aluminium by 22 percent on the year in the April to October period of 2018, and experts believe the rise is but the tip of the iceberg of aluminium imports to […]
Analysts Predict Strong Year Ahead For India’s Bauxite Production
Though pressures from tightening environmental regulation and push-back from certain local tribal entities may work to slow it, analysts expect India’s bauxite sector to continue to grow by leaps and bounds in the months and years ahead. In a report released earlier this week by Fitch Ratings Inc.’s analyst branch Fitch Solutions Macro Research, the […]
Vedanta Ltd. To Invest Up To US$300 Million On Lanjigarh Alumina Refinery Ramp Up
In preparation of the ramp-up of its Lanjigarh alumina refinery, Indian metals titan Vedanta Ltd plans between US$250 million and US$300 million of capital expenditures in the next fiscal year. Per domestic reporting, the firm intends to recover the capex spent next fiscal year, which begins on April 1, over the course of the following […]
Spike In Imported Aluminium Pushes India’s Exports Of Ingot Up By 21 Percent During April Through September
A tidal wave of low-cost aluminium imports squeezed out a 21-percent jump in aluminium exports by Indian producers in the first half of the fiscal year (April through September), but the saturated market blunted sales growth to only 2 percent on the year. In the opening half of FY 2019, exports of aluminium ingot totaled […]
Half-Year Report: Aluminium Prices Still Under Pressure
Base metals prices continued to slide in May and early June, with metals traded on the LME witnessing some serious losses, causing the index to drop by 6.6% in May. The reason for this fall remains the same: investors are cautious about ...
Aluminium Prices in Q2: A Market Analysis
Base metals prices tumbled in the last week of April and at the start of May, with the aluminium price ...
Research and Investment Hail Changing Tides for Montenegro’s KAP
On April 25, Montenegro’s Uniprom D.O.O. (owners of Kombinat Aluminijuma Podgorica, KAP) started construction works on a €15 million aluminium ...
Aluminium Industry Riding To Higher Demand In Electric Vehicles
This is an exciting time indeed for aluminium consumption, with demand for this highly versatile metal continuing to rise to ...
