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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LME aluminium moved around the 5-day moving average after opening at US$2,330 per tonne on Thursday, and closed at US$2,337 per tonne, a decrease of 0.64 per cent. On Thursday, October 13, LME aluminium cash bid price skyrocketed by US$147.50 per tonne or 6.63 per cent to stand at US$2,373.50 per tonne and LME aluminium official settlement price soared by US$147 per tonne or 6.60 per cent to rest at US$2,374 per tonne. 3-month bid price and 3-month offer price jumped by US$140.50 per tonne to stand at US$2,360 per tonne and US$2,360.50 per tonne. December 23 bid price and December 23 offer price surged by US$118 per tonne to hover around US$2,302 per tonne and US$2,307 per tonne, respectively. LME aluminium opening stock totalled 351900 tonnes. Live warrants and Cancelled warrants closed...
On Friday, October 14, China’s A00 aluminium ingot price expanded by RMB 220 per tonne to settle at RMB 18,700 per tonne, with the average prices ranging between RMB 18,680 per tonne and RMB 18,720 per tonne. The spot contract price is expected to be traded at a discount price of RMB 110 to RMB 70 per tonne. The price in Chongqing has surged by RMB 250 per tonne to rest at RMB 18,790 per tonne. On the same day, the prices in Hangzhou and Wuxi have grown by RMB 220 per tonne to stand at RMB 18,710 per tonne and RMB 18,690 per tonne. As per the SMM data, the prices in Foshan and Gongyi have increased by RMB 210 per tonne to score at RMB 18,720 per tonne and RMB 18,550 per tonne. Tianjin’s price has surged by RMB 200 per tonne to clock at RMB 18,680 per tonne. The prices in Shenyang and...
Alloy Enterprises, an investor in an additive manufacturing process for producing aluminium components based on sheets, announced the appointment of Haleyanne Freedman in the role of Director of Business Development. Freedman will lead the company's commercial strategy, oversee the applications engineering division, generate demand, and grow the organisation's sales. Andie Bedell, the COO and Co-Founder of Alloy Enterprises, said, "Haleyanne brings a proven track record of solving customers' most challenging technical problems with additive manufacturing." "Her philosophy of integrating sensible and scalable solutions fits seamlessly with our engineering team, and she will be an incredible asset to our organisation." Over the past several years, Freedman has worked in additive...
On Thursday, October 13, aluminium billet inventories in China dwindled by 10,000 tonnes or 9.29 per cent across five major consumption areas. The inventory settled at 97,600 tonnes from 107,600 tonnes recorded on Monday, October 10. Shipments from Yunnan and Xinjiang to Guangdong were decreased by suppliers. The pandemic epidemic in Xinjiang hindered transportation, which decreased arrivals at consumption centres. The figure below provides further information on the current state of aluminium billet inventories in China: The aluminium billet inventory in Foshan has declined by 3,400 tonnes or 4.79 per cent to settle at 67,500 tonnes, from 70,900 tonnes recorded on Monday. As of Thursday, October 13, the inventory in Huzhou and Wuxi has descended by 3,500 tonnes or 26.92 per cent and...
According to Platts analytics, domestic aluminium prices in China have increased over a week based on the possibility that the London Metal Exchange may curb the entry of Russian metal, Beijing’s support for domestic producers, and production cut in both Europe and China. There is also a probability for volatile domestic aluminium prices until LME finally decides to suspend trading and storage of Russian metal, said Platts analytics. According to the Shanghai Futures Exchange (SHFE), the most active SHFE aluminium futures contract for November delivery closed 1.6 per cent higher at RMB 18,565 per tonne than settlement holiday prices, primarily in response to the LME price hike. Till October 6 from the beginning of the month, the aluminium price on the London Metal Exchange rose by US$175...
AFRY, a pioneer in engineering, design, and advising services in Europe, has decided to help reduce the climate footprint of aluminium production for Hydro Extrusion Sweden by using Artificial Intelligence (AI). The goal of using artificial intelligence to evaluate production data is to decrease waste, improve quality, and, most importantly, minimize the environmental impact. For Hydro to receive AI-supported process insights, AFRY has examined old and new production data. Sustainable production targets may be more swiftly attained thanks to AI's role in process optimization. "AI gives us the ability to support our manufacturing process by recommending production settings for specific products in advance, to minimize cassation. Had Hydro had the insight we now have, thanks to this...
The chief executive of Greek aluminium and energy company MYTILINEOS, Evangelos Mytilineos, has been elected as the President of Eurometaux (Europe’s metals association) at the association’s General Assembly. He succeeds Mikael Staffas, CEO of Boliden, who has held this post since October 2018. Guy Thiran, the Director General of Eurometaux, commented: “I am thrilled to welcome Evangelos Mytilineos as our new President. His rich experience in the aluminium and energy sectors makes him exceptionally well-placed to lead our industry through today’s unprecedented energy crisis. When Europe commits to improving its strategic autonomy for the metals and minerals required in the energy transition, it’s fitting that a real industrial leader will head us with entire supply chain operations from...
Trivium Packaging, one of the leading providers of high-quality and recyclable metal packaging, announced that it is entering a new market segment. The company plans to create aluminium closures for liquid edible oil, which can generate potential profit for the business. This is the first time aluminium has been modified to be acceptable for edible oil closures, despite metal having long been utilised for more conventional huge tins of bulk liquid or in aerosol versions of edible oil containers. Aluminium packaging for edible oils provides the lightweight properties typically associated with plastic without the worry of leaching, as well as the premiumisation of glass due to its increased durability due to its resistance to punctures and inability to shatter. However, the advantages of...
Vedanta Limited has continued to reduce its aluminium ingot and aluminium products prices, with effect from Wednesday, October 12. The company has further axed its aluminium ingot price by INR 5,000 per tonne or 2.3 per cent to INR 212,250- 242,750 per tonne. On the previous day, it stood at INR 217,250 -247,750 per tonne, seeing a slash of INR 5,250 per tonne. The latest cut has brought in the Vedanta’s aluminium wire rod price to INR 219,750- 227,250 per tonne, down by INR5,000 per tonne from INR 224,750-232,250 per tonne on October 11. Aluminium billet price is hovering around INR 221,250 per tonne, effective from October 12, compared to INR 226,250 per tonne last day. Vedanta links its aluminium prices to the three-month futures of aluminium on the London Metal Exchange, which plunged...
The LME aluminium prices on 11 th October 2022 witnessed a glide following Bloomberg's report that the United States is considering a complete ban on Russian aluminium. The ban on Russian aluminium jeopardizes conquering a global market already stumbling from several disarrays while emphasizing if the world's largest aluminium-producing nation, China, could infuse the supply gap. According to people familiar with the deliberations, the US administration is considering the possibility of incorporating sanctions on the Russian aluminium giant as the White House looks to chastise Russia for escalating conflict with Ukraine. These steps would add to a deafening year of price dangling, supply haul and demand unrest in the initiation of Russia-Ukraine's geopolitical crisis from February 2022....
LME aluminium slid to US$2,200 per tonne after opening at US$2,240 per tonne on Wednesday but then jumped more than 6 per cent to US$2,400 per tonne as the United States was considering retaliatory measures against Rusal. LME aluminium closed at US$2,344 per tonne, an increase of 4.11 per cent. On Wednesday, October 12, LME aluminium cash bid price and LME aluminium official settlement price went up after experiencing a decline for three consecutive days. As per the data, both prices grew by US$8 per tonne or 0.36 per cent and US$8.5 per tonne or 0.38 per cent to settle at US$2,226 per tonne and US$2,227 per tonne. On the same day, 3-month bid price and 3-month offer price climbed up the graph by US$4.5 per tonne or 0.20 per cent to stand at US$2,219.50 per tonne and US$2,220 per tonne....
Aluminium Stewardship Initiative has granted RONAL GROUP, a designer, manufacturer and distributor of light aluminium alloy wheels, with Performance Standard V2 (2017) Certification. The company has bagged the recognition with a Material Stewardship focus at production sites RONAL POLSKA Sp. z o.o. in Walbrzych, Poland and RONAL AG Headquarters in Härkingen, Switzerland. The Poland facility has an annual output capacity of 2 million light alloy wheels. Ronal Group has above 8,000 personnel and produces both cast and forged wheels. It focuses on high standard quality through technical development to production, based on the most innovative technologies. ASI Performance Standard certification focusing on material stewardship looks into product design, life cycle assessments, management of...
Momentum Manufacturing Group, one of the leading manufacturers of aluminium extrusion in the US, has announced that phase two of their capacity expansion is underway. To increase output at its manufacturing facility at 43 Industrial Park Drive in Franklin, which produces customised aluminium profiles for various sectors, the business is investing $11 million. The project will create 35 possibilities for advanced manufacturing careers. The investment comprises a $6 million building project to expand the company's current 115,000-square-foot facility by 35,000 square feet of production and logistical support space. To accommodate increased production volumes made feasible by a new 2,920 tonne, 8-inch extrusion press line introduced as part of phase one's $14 million investment, another $5...
In August 2022, alumina production in South America stood at 996,000 tonnes, reflecting an increase of 22,000 tonnes or 2.21 per cent month-on-month. In July, the output totalled 974,000 tonnes, a surge of 73,000 tonnes or 8.10 per cent from 901,000 tonnes in June. That brought the three-month production to 2.871 million tonnes; however, down by 3.5 per cent from 2.975 million tonnes. On a year-on-year calculation, alumina output in South America edged a 6.30 per cent hike over 937,000 tonnes. From January to August, South America’s alumina output totalled 7.603 million tonnes, down by 9.21 per cent from 8.303 million tonnes during the corresponding period of the previous year. Daily average alumina production in South America stood at 32,100 tonnes, up by 2.23 per cent month-on-month and...
Tunisie Profilés Aluminium, which has been performing exceptionally well since the beginning of the year, posted an impressive growth of 53% in Q3 of 2022, amid outstanding success on the local market and exports. As a result, the cumulative turnover for September 2022 amounts to 147.4 million dinars, up 46% from 100.6 million for September 2021. TPR shows a substantial increase in its local market turnover of 43%, increasing from 63.3 million dinars at the end of September 2021 to 90.7 million dinars at the end of September 2022. In the Export Market, TPR recorded sales worth 56.7 million dinars, almost what the company sold in 2021. Compared to the same period in 2021, export sales increased by 58% in the third quarter of 2022. Furthermore, the total debt reached 116.3 million dinars at...
Owens & Sons Aluminum Slide-On Trailers, a family-run manufacturer of customised boat trailers, focuses on the three most fundamental challenges faced by the customers - flexing, corrosion, and an inability to adequately support the boat's hull. Based on the manufacturer's recommendations and the client's preferred towing method, the crew meticulously develops the framework for each project. Providing safe and user-friendly trailers, Owens & Sons Aluminum Slide-On Trailers utilise heavy-duty winches with quick-release options to ensure quick loading and unloading. Additionally, they use a bunk over frame arrangement to equally disperse the boat's weight. Torsion axles, which are great for reducing maintenance costs and improving suspension, and all-aluminium "I" structures are other...
The UK's leading installer of solar energy systems for companies, Centreco, has accomplished the development of a 35kW solar panel system for 3D Aluminium on their premises in Oxford, a city in central southern England. A total of 93 rooftop tier-one panels have been installed to support the company reduce its carbon footprint and supply on-site green energy. The company said, "This is expected to save over 162 tonnes of CO2 emission over the next 25 years." Additionally, 3D Aluminium will also benefit from equivalent fixed electricity costs of around 5.1p/kWh. During this winter's energy crisis, businesses will face significant pressure, which is becoming increasingly important. A three-month review will take place halfway through the Energy Bill Relief Scheme, which will run from 1...
Hindalco Industries Limited has back-to-back cut its aluminium products and aluminium ingot prices on October 11 and 12. As per the revised prices revealed, Hindalco’s latest aluminium wire rod price is standing at INR 221,100 per tonne versus INR 226,100 per tonne on October 11. Today, the price has seen a cut of INR 5,000 per tonne, while the price yesterday underwent a slash of INR 5,250 per tonne. Hindalco’s aluminium billets price is hovering around INR 224,100 per tonne as of October 12, down by INR 5,000 per tonne from INR 229,100 per tonne on the previous day. On October 11, Hindalco’s aluminium billets price witnessed a slash of INR 5,250 per tonne from INR 234,350 per tonne. Aluminium ingot price has also been reduced by INR 5,000 per tonne on October 12 to stand at INR 210,000...
