NTPC Green Energy Limited (NGEL) plans to expand its renewable energy capacity from around 12 gigawatts (GW) to 60 GW by 2032, marking a major step in its clean-energy expansion strategy. The target forms part of parent company NTPC Limited’s broader ambition to reach 149 GW of installed power capacity, supported by renewable energy, thermal expansion and a proposed entry into nuclear generation. The roadmap was outlined by P. Rahul, Deputy General Manager, Business Development – Green Hydrogen at NGEL, during the Bharat Renewable Energy Summit and Expo 2026. Alongside renewable capacity additions, the company is advancing green hydrogen, energy storage and green chemicals projects. To learn about the market potential of aluminium dross, explore "ALuminium Dross Processing: Generation,...
National Aluminium Company Limited (NALCO) is advancing its INR 30,000 crore or INR 300 billion (USD 3.18 billion) aluminium smelter expansion project at Anugola or Angul, Odisha, which is expected to more than double its existing smelting capacity from 460,000 tonnes per annum to approximately 1 million tonnes per annum (MTPA). The Navratna public sector undertaking under the Ministry of Mines has secured key statutory approvals and initiated partnerships and preparatory measures for the project, which is targeted to begin operations in 2030-31. A recent meeting of the Rehabilitation and Peripheral Development Advisory Committee (RPDAC) focused on facilitating land acquisition for the proposed facility and addressing associated compensation and rehabilitation matters. Explore the...
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The Sestriere Scandium bike by Spoon Customs, built by hand in Italy from triple-butted Dedacciai Scandium and 7005 aluminium tubing, was unveiled at the London Bespoke Handmade Bike Show. According to the manufacturer, the new model will allow for a personalised build for each rider and can be assembled into a complete bike equipped with Zipp 303 S wheels and SRAM Rival eTap. Despite its exotic name, Dedacciai's tubing contains only 0.1 per cent to 0.15 per cent of scandium, with aluminium making up most of the alloy followed by zinc and magnesium. Due to its relative ease of welding and ability to require less expensive heat treating, the 7005 wrought aluminium alloy is used in bicycle frames. However, it is harder to form, making manufacturing more challenging. ‘The big brands have...
Established in 1989, the Midlands-based Kestrel Aluminium Systems Limited has been taken over by German building envelope specialist Schüco Group. The company with 6330 employees and 40,000 partners in more than 80 countries, Schuco Group’s subsidiary Schuco UK has acquired Kestrel Aluminium Systems and Kestrel Powder Coating from the firms’ directors Steve Shute and Jane Gibson. Kestrel supplies aluminium extrusions for shopfronts, doors, curtain walling, windows, and glazed roofs. In addition to providing products to the commercial and domestic markets, the company also deals with fabricators, specifiers, and contractors. Schüco Group develops and sells aluminium, steel, and PVC-U building envelope solutions. Schuco UK and Kestrel will continue to operate as separate entities, with...
Pondy Oxides & Chemicals, one of India's top secondary lead smelters, is planning to build an aluminium recycling/melting facility at its current location in Sriperumbudur, Tamil Nadu. The project is a part of the company's expansion strategy for 2022, with a projected total expenditure of INR 5 crore in plant, machinery and pollution control equipment. The firm has identified a chance to recycle aluminium to expand its range of non-ferrous metals beyond Lead and Copper. In this regard, the company has secured Tamil Nadu Pollution Control Board's Consent for the Establishment to produce 14,750 tonnes per year of aluminium and aluminium alloys (ingots, pellets, molten). Additionally, this would assist the company in satisfying the demand(s) and strengthening its market position. The...
The market research and analysis wing of RHB Malaysia, RHB Research, states that Press Metal Aluminium Holdings Bhd is a vital proxy of sustainable low-carbon producing aluminium smelters. In a recent report to its clients, the research agency said, "This is amid the global decarbonization efforts in limiting coal-fired energy-supplied smelters and the current short supply in the industry." "We still like our sector's top pick, Press Metal, for its capacity-driven earnings upcycle with three-year forward earnings compounded annual growth rate (CAGR) of 26% from 2021. The group's proactive hedging policy should also provide some average selling price protection amid the softness in London Metal Exchange (LME) prices." According to the LME inventory report at the end of September, there...
AMAG Austria Metall AG, the leading Austrian premium supplier of high-quality cast and rolled aluminium products used in a wide range of industries, has received the "Effective Sustainability Communicator Award" for the second time successively for its holistic and transparent sustainability reporting. In 2021, this award was presented for the first time due to the increasing importance of sustainability aspects in financial market communications and was already awarded to AMAG last year. All 39 companies of the Austrian ATX Prime Standard were analysed. AMAG was convinced with top scores in its integrative understanding of sustainability and landed in second place overall. Christoph Gabriel, the Head of Investor Relations, accepted the award on behalf of AMAG at the annual conference of...
LME aluminium opened at US$2,330 per tonne last Friday, with its intraday high and low at US$2,393 per tonne and US$2,287 per tonne, respectively, before closing at US$2,290 per tonne, a drop of US$61.5 per tonne or 2.61 per cent. The decline was caused by the growing LME aluminium inventory. On Friday, October 14, both LME aluminium cash bid price and LME aluminium official settlement price declined by US$65 per tonne or 2.73 per cent to settle at US$2,308.50 per tonne and US$2,309 per tonne. On the same day, 3-month bid price and 3-month offer price slumped by US$58 per tonne or 2.45 per cent and US$57.5 per tonne or 2.43 per cent to halt at US$2,302 per tonne and US$2,303 per tonne. On the other hand, December 23 bid price and December 23 offer price hiked by US$66 per tonne or 2.86...
The chairman of En+ Group, Christopher Burnham, stated that the article published by Bloomberg on 12th October 2022 on the US sanctions speculations was ‘irresponsible’. The group’s metal arm is the world’s leading producer of low-carbon aluminium (Rusal) and the most significant independent renewable energy generator. The En+ Group is a multinational organization with over 90,000 employees and 60 assets in 12 countries, including operations in Jamaica, Ghana, Guyana, Ireland, Italy, Germany, Sweden, Ukraine, and Russia. The Group provides aluminium and aluminium alloy to metal products-related companies, major automotive firms, and aerospace and construction organizations in more than 50 countries globally. The chairman commented, “The article is simply wrong. We remain in full...
The world’s leading industrial company committed to a sustainable future, Norsk Hydro’s advanced aluminium bridge decking technologies offer many advantages over traditional steel and concrete construction. The Norway headquartered company, Hydro provides two aluminium bridge decking technologies: (i) Aluminium isotropic deck technology (ii) Aluminium orthotropic deck technology. Bridge deck projects have successfully used both technologies for decades. There are many bridge applications where aluminium decking is feasible, according to evaluations funded by the US Federal Highway Administration. The metal aluminium applied in bridge construction helps to accomplish more projects at lower cost and in less time and also minimizes traffic disruptions during rehabilitation and repairs. In...
The upcoming virtual reality (VR) headset by Apple is expected to include iris scanning for biometric payments and log-ins, aluminium, luxury lightweight glass, and fabric construction. The feature is expected to be named 'Iris ID. Rumours also suggest that a high-end combination of textiles, aluminium, and glass will be used in the headset. According to the research, Apple's VR headset "is expected to integrate into" its ecosystem of devices, including AirPods, smartphones, and Apple Watch. The headset may also be able to scan the irises of people wearing the headsets so they can quickly log into their accounts simply by putting the devices on their heads. This will allow multiple users to use the same device and make payments inside the headset. According to the rumour, Apple VR would...
The importance and need for aluminium have only grown in the last decades. According to reports, Novelis Inc., the largest recycler in the world and the top manufacturer of flat-rolled aluminium products, has broken ground and begun building its recycling and rolling factory in Bay Minette, Alabama. AFRY, a leader in engineering, design, and consulting services in Europe, reportedly chose to use artificial intelligence to lessen the environmental impact of aluminium manufacturing for Hydro Extrusion Sweden (AI). ICT Austria presented a unique "jewel" to AMAG Austria Metall AG and ACP Cubido, two leading providers of high-quality cast and rolled aluminium products and data collecting, analysis, and processing software solutions. The creation of a 35kW solar panel system for 3D Aluminium on...
Aluminium and its usage in the end user sector are highly demanding. Due to its unique attributes like recyclability, lightweight, corrosion resistance, etc., the need and use of metal are increasing from automobiles to electronics. Beginning on October 18, Bravo Sierra, a men's care brand explicitly created for US military troops, will provide refillable body wash in recyclable aluminium containers. Customers can switch to the new refillable can design from their previous Bravo Sierra Body Wash bottle. Flexing, corrosion and an inability to fully hold the boat's hulls are the three most important problems that Owens & Sons Aluminum Slide-On Trailers, a family-run producer of bespoke boat trailers, concentrate on. One of the top suppliers of premium recyclable metal packaging, Trivium...
The ongoing Russia-Ukraine crisis has changed a lot of things in the industry. From the domestic aluminium prices witnessing a hike over the past week to Alcoa influencing the Biden administration to prevent American imports of Russian aluminium, it has brought about a lot of differences. As a result, aluminium prices rose by more than 3 per cent. Also, the embargo on Russian aluminium jeopardises the world market's ability to recover from various crises. It raises the question of whether China, the world's largest aluminium producer, can fill the supply gap. The possibility that the London Metal Exchange might restrict the entry of Russian metal, Beijing's support for domestic producers, and production reductions in both Europe and China, according to Platts Analytics, have all...
The Lotus Evija, hailed as one of the world's most potent production vehicles, is again making news as the Norfolk-based company introduces a unique version, titled Evija Fittipaldi. The fabrication of rotary gear shift dial has been constructed using recycled aluminium taken directly from Fittipaldi's Type 72. Restricted to eight units, all of which have already been sold, the new and limited edition Evija Fittipaldi harks back to Lotus' Formula 1 era with a black and gold colour scheme inspired by the legendary Lotus Type 72 race car. The new Fittipaldi version, part of the same 130-unit manufacturing run, commemorates 50 years since the renowned Brazilian racing car driver won in 1972. That year, Emerson Fittipaldi and Team Lotus won the F1 Drivers' and Constructors' Championships. The...
Dudley's Aluminium, a Cardiff-based aluminium fabricator, will assist in the construction of Aston Martin's new Formula 1 (F1) facility at Silverstone. The Aston Martin team's design, manufacturing, and marketing resources, its first-ever wind tunnel, and a simulator will be housed in the 400,000-square-foot complex. In Formula 1, wind tunnels are utilised during the car's construction to evaluate the effectiveness of various components and obtain the ideal aerodynamic balance. Kawneer doors and capped curtain walling will be installed on the building by Dudley's Aluminium in collaboration with SDC Builders Ltd. "We are delighted to be working with SDC Builders Ltd on this project at the home of British motor racing. The facility will support Aston Martin's growth and ambitions within...
Hindalco Industries Limited has expanded its aluminium ingot and aluminium product prices in line with the global aluminium benchmark price increase. As of Friday, October 14, Hindalco’s latest aluminium ingot price closed at INR 223,750 per tonne, up by INR 13,750 per tonne from INR 210,000 per tonne on the previous day. The price of aluminium billets also surged by INR 13,750 per tonne from October 14 to halt at INR 237,850 per tonne. The amount recorded on October 12 settled at INR 224,100, which was down by INR 5,000 per tonne from INR 229,100 per tonne on October 11. Aluminium wire rod price has also been hiked by INR 13,750 per tonne to clock at INR 234,850 per tonne. On October 12, it stood at INR 221,100 per tonne, down by INR 5,000 per tonne from INR 226,100 per tonne on October...
AMAG Austria Metall AG, a premium supplier of high-quality cast and rolled aluminium products, along with ACP Cubido, a specialist in data collection, analysis, and processing software solutions, was awarded a special "gem" by ICT Austria. AMAG emerged as the winner in the category of "Data Science - scoring points in quality standards and sustainability" and was awarded the "Gem for sustainable digitalisation projects". In addition to supporting the domestic ICT sector to keep pace with the rapid pace of innovation of global competition, ICT Austria has been established as a non-profit association to maximize its strengths. It plans to position itself powerfully nationally and internationally by leveraging our existing strengths. In the annual event of ICT Austria - Center for Business...
Following the recent military escalation in Ukraine, Alcoa is pressing the Biden administration to obstruct U.S. aluminium imports from Russia. As a result, aluminium prices increased by more than 3 per cent. According to recent news reports, the White House is reportedly exploring various alternatives regarding imports of Russian aluminium, including perhaps forbidding leading manufacturer Rusal from selling its goods in the United States. This week, President Joe Biden's administration examined various alternatives regarding imports of Russian aluminium, including perhaps forbidding Rusal, the biggest producer of aluminium outside of China, from selling its goods in the United States. Washington has fewer Russian businesses to restrict as the Russian invasion of Ukraine has extended...
According to the Romanian aluminium producer, Alro SA, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, the company was declared a "selected investor" following a public tender organized by Complexul Energetic Oltenia (CEO) to build a natural gas fired power plant at Isalnita together. Complexul Energetic Oltenia is a 40-year-old provider of National Power System safety. The energy supplier stated that the wind does not blow continuously, while during cloudy and rainy days, the solar system's efficiency drops, and the sun does not shine all the time. Instead, the coal of Complexul Energetic Oltenia can provide electricity for Romania for the next 40 years, which is possible based only on the reserves discovered so far. Marian...
