Vedanta

Vedanta Reopens Second Stream at Lanjigarh Refinery

Vedanta Reopens Second Stream at Lanjigarh Refinery

London-based Indian metals miner Vedanta Resources plc announced that it has restarted its second stream operations at the alumina refinery at Lanjigarh. The line was closed previously due to a lack of bauxite ore. The firm is ramping up operations after having...

Events

Ghana’s Aluworks Says US$25 MM Deal with Vedanta Imminent

The Republic of Ghana’s Aluworks is poised to emerge from its financial doldrums, as it says it is on the verge of closing a US$25 million deal with Vedanta Resources. The firm indicates that the move will help them become competitive in the face of a market flooded with cheap Chinese imports. “We are talking […]

Indian Aluminium Firms Renew Call for Tariffs After Action on Imported Steel

India’s aluminium manufacturers continue to lobby their government for protection against low-price imports this week. Representatives from domestic aluminium firms are asking government officials to establish a minimum import price to help stave off what the firms consider dumping from several countries, not the least of which is the People’s Republic of China. “The government […]

Indian Government Abandons Plan to Implement Tariff on Unwrought Aluminium

Due to protectionism criticisms for tariffs levied on imported steel, India has shelved a plan to impose a 5% provisional safeguard duty on unwrought aluminium. Such a tariff would affect imports from countries like United Arab Emirates, Malaysia, Russia, South Africa, Oman, Qatar, Bahrain, and Thailand. The Directorate General of Safeguards recommended the tariff on […]

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 […]