Uno Minda is set to invest around INR 14.15 billion (USD 147.51 million) across four manufacturing expansion and consolidation projects, with a major portion of the spending directed towards increasing its aluminium casting capacity in Hosur, Tamil Nadu. The automotive components maker plans to...
North America’s aluminium industry is entering a new era in 2026. As the US races to rebuild primary smelting capacity from near-zero, Canada pairs expansion with low-carbon innovation and recycling. From a USD 4 billion Oklahoma smelter to Quebec’s newly commissioned AP60 plant, here’s how each...
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Vedanta's Chairman, Anil Agarwal, recently reached out to Odisha's Chief Minister, Mohan Charan Majhi, to rally support from the state government for speeding up regulatory approvals and moving forward with Vedanta's ambitious USD 20 billion aluminium project. This conversation highlights the...
The Aluminum Association has urged the US federal government to take immediate action to keep more aluminium scrap within the country. The Association argues that limiting exports of high-quality scrap, particularly used beverage containers (UBCs), will support US manufacturing and supply chains....
Nupur Recycling Ltd, New Delhi, has announced to start its operation in Tycod Autotech Pvt. Ltd in Haryana next month. The company's emphasis on metal scrap processing and the manufacture of aluminium extrusion products has acquired the plant for INR 240 million (USD 2.7 million). The expansion...
As the week starts with the decline in the London Metal Exchange (LME) aluminium price, the trend continues on Tuesday, October 14, as well. The LME cash bid and the settlement offer fell by USD 40 per tonne or 1.44 per cent to reach USD 2,733 per tonne and USD 2,734 per tonne, respectively. The...
As India accelerates its transition to clean energy, Serentica Renewables and MRF Limited have joined forces to develop a major hybrid renewable energy facility. The 170-MW hybrid renewable energy facility will supply green power directly to MRF Limited, a tyre-making firm. The project will combine...
Rio Tinto Group has released its production figures for Q3 2025, highlighting continued output across its key commodities. The firm has just rolled out a fresh operating model along with a new executive team, all designed to streamline operations and boost shareholder value. The revamped...
Vietnamese publicly listed company Đức Giang Chemicals Group has taken a major step to expand the country’s aluminium value chain footprint. On October 12 2025, the company signed a Memorandum of Understanding (MoU) during the Lam Dong Province Investment Promotion Conference in Da Lat. The...
Futures: The most-traded cast aluminium alloy ad2512 contract opened at RMB 20,475 per tonne overnight, hit a high of RMB 20,505 per tonne, and finally closed at the lowest of RMB 20,405 per tonne, up RMB 80 per tonne or 0.39per cent from the previous close. Trading volume was 1,681 lots, and open...
Shyam Metalics mainly deals in various aluminium products, including aluminium foils used in packaging, electronics and in various other end products. The data of Q2 FY26 for the company shows varied performance for its products. Among all other products, the overall performance of the company in...
The MSCI ACWI IMI Aluminium Index — a narrow, commodity-dependent equity yardstick that tracks 19 aluminium-sub-industry companies across developed and emerging markets reads like a textbook case of high concentration and high cyclicality. Since its launch (back-tested to May 31, 2007), the index...
Vedanta Aluminium’s subsidiary firm Bharat Aluminium Company Limited (BALCO) has achieved a major milestone with the first metal output from India’s most advanced 525 kilo-ampere (kA) smelter. This is quite a strategic drive that makes BALCO’s goal of producing one million tonnes of metal a...
As the global demand for aluminium continues to surge, Vietnam is stepping up as a vital player in the supply chain. With its rich bauxite reserves and increasing production capabilities, the country is becoming an attractive hub for investors and manufacturers looking for reliable and...
AMAG Austria Metall AG, located in Ranshofen, Upper Austria, has once again achieved the prestigious Platinum rating from EcoVadis, a top global platform that assesses environmental, social and governance (ESG) performance. This is the fourth year in a row that AMAG has earned this honour,...
According to Mysteel's latest survey, the 44 Chinese alumina producers regularly monitored by Mysteel produced a total of 1.9 million tonnes of metallurgical-grade alumina during the week of October 3-9, up by a marginal 0.2 per cent from the previous week. Domestic alumina output remained largely...
NTPC Limited, India's largest integrated power utility company, has signed a memorandum of understanding (MoU) with the Gujarat government to explore opportunities across conventional and non-conventional energy sectors. The agreement reinforces the shared commitment of the state and central...
With the USD 7,500 federal tax credit for EV buyers now expired, automakers are offering significant discounts to keep their electric vehicle (EV) inventories moving. Image for representational purpose Hyundai has introduced a USD 7,500 cash incentive on the 2025 Ioniq 5 and reduced the price of...
Market Analysis: Supply-Demand Dynamics Current market assessment reveals Indonesia's bauxite sector is in a critical transitional phase.The implementation of the 2023 export ban has successfully redirected bauxite from international markets to domestic processing, but the downstream alumina...
After a sharp increase for a week, the London Metal Exchange (LME) aluminium prices have seen a steep decline. The LME cash bid fell by USD 26 per tonne or 0.93 per cent to reach USD 2,773 per tonne. The LME aluminium cash settlement offer price also fell by USD 25.5 per tonne or 0.91 per cent, to...
