Major Indian aluminium companies have faced a sharp decline in their share prices on June 19, with the Nifty Metal index falling below 0.5 per cent. Today, Hindalco Industries' share fell by 0.76 per cent at the closing, and NALCO’s by 2.87 per cent. Current geopolitical tensions, strong US dollars, ...
The European Union’s hallmark policy in the view of equitable trade and environment protection—the Carbon Border Adjustment Mechanism (CBAM)—seems fair on the surface, as long as its framework remains focused on preventing carbon leakage and blocking the influx of cheap, high-emission goods into the ...
SPIROL has expanded its range of aluminium press-in inserts by introducing new options made from 2024 aluminium. These additions, available in symmetrical (INS 50) and headed (INS 51) versions, complement the company's existing line of brass inserts.
Image Source: SPIROL
Threaded inserts are crit ...
Shares in VBX, a new entrant in Australia’s bauxite sector, traded higher on its ASX debut following a successful USD 10 million IPO, owing to the strong investor confidence in the company’s promising Wuudagu project in Western Australia.
Image credit: rawmin.com
Listed under the ticker VBX, the ...
Alufold Direct Limited, an aluminium door and window manufacturer based in Blackburn, UK, has been facing financial difficulties for some time now, during which a potential sale of the business ultimately fell through. Attempts to secure alternative funding also failed, leading the directors to conc ...
Concerns over slowing business continue to resurface as the United States’ steep tariffs on aluminium and steel imports weigh heavily on domestic manufacturing industries. While the packaging sector has repeatedly raised red flags, the building and construction industry is now warning of mounting ch ...
Early deals of Atlas Metals Group (AMG) plc reached 90 per cent after it announced Universal Pozzolanic Silica Alumina (UPSA) Ltd’s acquisition. The act is deemed to be a reverse takeover. The acquisition will be via an all-share offer, for which no figure has yet been disclosed. The proposal to und ...
According to the regional prosecutor's office, two workers were injured and hospitalised following a wall collapse at a bauxite mine operated by a subsidiary of Russian metals producer Rusal (RUAL.MM) in the Urals.
The incident took place at a depth of 1,172 metres (3,845 feet) within the Cheremu ...
In a bold step to boost the recycling of post-consumer aerosols (PCR), a three-month pilot project was kicked off on 2 June across Solihull in the West Midlands, England. Designed to uncover how aerosols are handled in household waste, the initiative will analyse kerbside collection data to paint a ...