Swedish battery manufacturer Novo Energy’s partial owner, Northvolt, has filed for bankruptcy, citing over USD 8 billion in debt, which has in turn led to an unfortunate announcement of a 50 per cent staff layoff by the company.
Image source: iStock
The company struggled to secure funding to ra ...
As geopolitical tensions are on the rise and the subsequent pandemic era disrupts business growth, Tesla is quietly exploring alternative suppliers in India as it diversifies its semiconductor supply chain away from China. Sources report that Tesla has held talks with three major Indian chip venture ...
In less than a year, the central government of India has yet again introduced an amendment to the quality control regulations for aluminium and aluminium alloy products, set to take effect on October 1, 2025.
Under the new directive, several aluminium products will be subjected to updated quality ...
Aluminium futures have experienced a notable recovery, climbing to USD 2,440 per tonne after reaching an eight-month low of USD 2,340 on April 9th. This upward trend aligns with gains observed in other base metals, spurred by diminishing concerns over a potential US recession, which has alleviated p ...
Press Metal Aluminium Holdings Berhad anticipates a continued easing of the tight alumina supply this year, driven by rising global production. Group CEO Tan Sri Koon Poh Keong expects new refinery capacity expansions in Indonesia, India, and China to significantly boost alumina output globally.
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In a dramatic turn of events on Sunday, May 4, a bauxite-laden tanker veered off an overbridge in Rayagada and plunged 30 feet below, triggering a major accident. The vehicle, en route from Koraput to Jharsuguda, lost balance when the driver swerved sharply to avoid an oncoming scooter.
The drive ...
According to SMM statistics, domestic aluminium production in April 2025 (30 days) increased by 2.6 per cent Y-o-Y but decreased by 2.9 per cent M-o-M. The proportion of liquid aluminum in the domestic aluminum industry fluctuated slightly in April, with the monthly industry proportion of liquid alu ...
Re:Water, the British spring water brand known for its 100 per cent recycled aluminium bottles, has expanded its product line with a new 330ml bottle. This addition caters to the hospitality industry's growing need for sustainable, premium alternatives to single-use plastics.
The new 330ml bottle ...
The Tasmanian government has hailed a strong start to the state’s new container deposit scheme, with one million containers returned in just the first four days. Out of these, 594,253 were collected in the South, 405,765 in the North, and 206,211 across the North West and West Coast.
In terms of ...
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