Abu Dhabi-based International Holding Company (IHC) and India’s Adani Group have expanded their investment plans in Odisha, outlining INR 2.105 trillion (USD 25 billion) of potential investment across 14 projects spanning metals, critical minerals, energy, chemicals and infrastructure. The...
1. Macro perspective The US-Iran conflict escalated sharply. On September 9, Iran's Revolutionary Guard struck multiple oil tankers and merchant vessels in the Strait of Hormuz, causing a significant drop in strait traffic. Brent crude broke through USD 100 per bbl, closing at USD 101.21, while WTI...
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The global aluminium industry is facing transformation with new joint ventures popping up in North America, capacity expansions taking place in India and Indonesia and exciting technological advancements in material science. Additionally, there are strategic investments backed by governments in...
India expects to begin producing rare-earth permanent magnets at home before the end of 2026, announced Union Minister G. Kishan Reddy, adding the initiative is intended to expand domestic manufacturing and reduce dependence on foreign suppliers. The decision follows Cabinet clearance last November...
The aluminium beverage can-recycling performance of Europe continues to strengthen, offering a boost to the region’s broader climate and circular economy ambitions. As declared in the joint report from Metal Packaging Europe and European Aluminium, the can recycling rate across the EU, UK,...
What links electric cars, urban skylines, beverage cans and solar farms stretching across a desert? The answer is aluminium, which is steadily tightening its grip on the modern economy, and the numbers tell a story of consistent, broad-based expansion. Global aluminium consumption in the end user...
Conflicts between governments and mining giants over environmental protection and conservation are hardly new, and for Alcoa, it stretches back at least a decade. The latest episode has unfolded in Western Australia, where the US-based miner (Alcoa) has clashed with the Australian Department of the...
Although conflict with Russia has largely impacted most of Ukraine’s energy supply, Ust-Chorna, a district made up of four small villages in the western mountains has kept the lights on with the help of none other than the renewable energy. Petro Kostyak, the head of Ust Chorna, said that other...
The two electric vehicle models, namely the Maruti Suzuki e-Vitara and the MG Motor India Windsor EV, are two budget-friendly electric SUVs that have been launched in India. In recent times, customers are looking for environmentally friendly car solutions without spending a huge amount on them....
Due to the frequent issue of copper cable being stolen, the Delhi Metro Rail Corporation (DMRC) is tackling this by swiftly shifting to aluminium wiring throughout its vast network. The move involves a revamped security strategy, including a significant investment of INR 325.9 million. Investment...
Vedanta’s Aluminium business, India’s largest aluminium producer with half of the domestic aluminium market share among primary producers, is well positioned to benefit from India’s accelerating aluminium demand, which is growing at 6 per cent annually, significantly ahead of global averages. For...
The Aluminium Federation (ALFED) has announced that its The Element of Choice: A Sustainable Future advocacy project, designed to improve understanding of the aluminium sector and strengthen policy influence through strategic storytelling, has been widely recognised internationally, most recently...
Today’s the day. Tata Motors has officially rolls out the refreshed Tata Punch EV, and it’s not just a cosmetic dab of powder. It’s a sharper, tech-smarter, range-confident upgrade to one of India’s most successful electric micro-SUVs. Visually, the facelift keeps its upright, boxy charm but adds...
The London Metal Exchange (LME) aluminium price on February 19 dipped from the previous close, including the 3-month Asian Reference Price. However, there has been no change in the LME inventory from yesterday’s close. Both the LME cash bid and offer declined by USD 9 per tonne or 0.3 per cent,...
In 2012, engineers installed 1 gigawatt photovoltaic arrays (a complete power-generating unit of a solar energy system with multiple solar panels connected in a series) to produce electricity from the extremely scorched area in the upper Yellow River catchment in the Qinghai province of China. For...
Constellium, a global leader in the design and manufacturing of high value-added aluminium products, has reported a strong financial performance for 2025, despite beginning the year amid an unsettled backdrop. At the outset, demand patterns were uneven, tariffs were reshaping pricing dynamics, and...
Norsk Hydro has grabbed headlines during the entire 2025 calendar year for its job cuts, plant closure and among other relatively positive news pieces. And this time, it is the financial results that has pulled eyeballs and rightfully so as the global business has managed to affirm positive...
According to a recent assessment by Kotak Institutional Equities, the aluminium market has entered a consolidation phase after a strong rally. LME has recorded a sharp 7 per cent from their recent highs, settling near USD 3,030 per tonne. However, the good news is the current levels remain...
A challenging outlook has been set out by Molson Coors, which warned that annual profits are likely to fall sharply. The brewer pointed to rising aluminium tariffs and cautious spending among price-sensitive consumers as significant pressures on its business. To know about the aluminium market...
Honda may consider sharing its hybrid technology with Nissan for a stronger hybrid vehicle portfolio. Both automakers are of Japanese origin. This move comes at a time when demand for hybrid vehicles is increasing, due to the slowdown in the electric vehicle market in the United States, with a 33...
