Vedanta To Open India’s First Primary Foundry Alloy For Aluminium Alloy Wheels
Indian aluminium smelter Vedanta Ltd. announced last week the launch of its Primary Foundry Alloy (PFA) which it will utilize...
Vedanta
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...
Expected Tepid Response Delays Odisha’s Auction Of Bauxite Blocks
Despite residing above over half the country’s total known bauxite reserves, the Odisha government has yet to place a single...
Vedanta Plans To Leverage Coal Security Into Lower Aluminium Production Costs: CEO Venkatakrishnan
Vedanta Ltd’s capacity expansion will be done while keeping the goal of cost control at the forefront of the process....
Events
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 […]
India’s Output Growth To Slow Thanks To Soft LME Prices And Maxed-Out Capacity
India’s aluminium production in the coming fiscal year is expected to taper off compared to previous years thanks in part to a weak market for the metal at the London Metal Exchange (LME) in recent months. Such was the conclusion drawn by India’s ratings firm CARE Rating Limited and spelled out in a report released […]
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 Supreme Court late last week, asking the judicial body to require London-based Vedanta […]
Vedanta Produced 1.95 Million Metric Tons Of Primary Aluminium In FY ‘19
With an aluminium output of 1.95 million metric tons in the previous fiscal year, Vedanta Ltd. moved into the pole position for aluminium production among India’s smelters, bumping previous leader Hindalco out of the prime spot. Vedanta’s overall production grew by 17 percent on the year, besting its previous total of 1.67 million metric tons. […]
Are Things Finally Looking Up For The Aluminium Market?
Base metals prices recovered sharply in the first half of September, after a seasonal slump in August, as investors and traders hope that easing trade tensions between U.S. and China might boost demand for metals in the remaining part of the year. ...
Zhongwang Fake Semis Prosecution May Slam The Door On Key Routes For U.S. Import Duty Avoidance
The global aluminium market has been watching the trials and travails of Chinese behemoth Zhongwang with intense interest for the ...
Aluminium Prices Under Double Pressure: Trade Wars and Chinese Exports
Base metals prices tumbled to their lowest in several weeks at the start of August, after U.S. President Donald Trump ...
Dirty Metal – China’s Troublesome Tether Between Coal And Aluminium
The year 2019 has been a red-letter year for the aluminium sector in the People’s Republic of China. Despite trade ...
