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From waste to energy: GeT Metal Group transforms tyres into fuel for aluminium production
23 Jun 20262MINS
Sustainability
South Africa-based GeT Metal Group and its subsidiary GeT Alloys have launched a waste-to-energy initiative aimed at eliminating fossil fuel use in aluminium melting operations by converting end-of-life tyres into industrial fuel. The project is designed to process around 150,000 waste tyres annually, producing approximately 1.44 million litres of industrial fuel. The fuel will replace conventional heavy fuel oil previously used in GeT Alloys’ aluminium recycling operations, helping address S ...
Vedanta Aluminium poised for Large-Cap status in upcoming AMFI reclassification
23 Jun 20263MINS
Primary AL
Vedanta Aluminium holds the potential to secure a place in the Large-Cap segment along with BSE, Vodafone Idea, and Hitachi Energy India, under the upcoming semi-annual stock categorisation by the Association of Mutual Funds in India (AMFI). Meanwhile, LG Electronics and Siemens Energy India might occupy Mid-Cap positions. Vedanta Power, Vedanta Oil & Gas and Vedanta Iron & Steel, from the Vedanta demerger, are expected to enter the Small-Cap category. The revised classification, expected in ...

23 Jun 20267MINS
SupplementAL
Has the Strait of Hormuz really reopened? The answer depends on whom you ask. Following the preliminary agreement between Washington and Tehran on June 17, markets initially welcomed the prospect of the Strait of Hormuz returning to normal operations and global energy supplies flowing without disruption. The easing of immediate geopolitical tensions prompted traders to unwind much of the risk premium that had accumulated during the conflict, triggering a sharp correction across oil and alumini ...
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