The aluminium industry is entering a phase where supply security is being tested across the entire value chain. The latest developments show the pressure beginning with bauxite, moving through logistics and alumina, feeding into aluminium prices and producer earnings, and eventually reshaping...
Hindalco Industries’ Baphlimali bauxite mine in Odisha has become the first bauxite mining operation in India to secure certification under the Aluminium Stewardship Initiative’s (ASI) Performance Standard V3.1 (2023). The certification was awarded to Utkal Alumina International Limited (UAIL), a...
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On November 10, 2023, Satish Pai, the Managing Director of Hindalco Industries, raised alarms regarding the surge in imports of Chinese aluminium foil in India, a crucial material widely employed in the packaging of food and pharmaceuticals. Satish Pai told the media in a post-earnings conference...
Hindalco Industries records a dip from the previous year but maintains a robust performance, positioning for growth, and announces an Rs 8,000 crore investment in a greenfield alumina refinery in Odisha. Hindalco Industries announced its second-quarter financial results for the fiscal year 2023-24,...
Indian aluminium giants, including Hindalco Industries Ltd, Vedanta Ltd, and National Aluminium Corporation (NALCO), have reportedly reduced their aluminium prices in response to the LME aluminium price fall this week from October 30 to November 3. The LME aluminium benchmark price encountered a...
The aluminium downstream sector plays a critical role in the processing and utilization of aluminium, a versatile and lightweight metal with a wide range of applications. The downstream activities cater to diverse industries, such as automotive, aerospace, construction, packaging, and electrical,...
The sustainable sector, this week, has seen significant upheavals with Macquarie Asset Management firmly sealing a deal with Hydro, securing the future acquisition of 49.9 per cent of Hydro Rein, the company's renewable energy arm. Hydro and Macquarie Asset Management will jointly own the company...
After Hindalco’s Renukoot Downstream facility comes the turn of Hindalco Alupram Works to have received the ASI certification. Aluminium Stewardship Initiative announced on Thursday, October 25, that it successfully recognised Hindalco Alupram Works manufacturing operation against the Performance...
The aluminium industry in India shines amid a global landscape that is generally lacklustre or facing downturns. This positive outlook is attributed to the Indian government's efforts in infrastructure development and the industry's response to meet the increasing demand. Nilesh Koul, the Senior...
There is no end to sustainable moves in the global aluminium industry. This week has witnessed ASI certifications granted to many companies, alongside automobile giants striving to achieve production chain decarbonisation, and institutions collaborating with metal and mining companies to drive a...
Aluminium Stewardship Initiative has reportedly acknowledged Hindalco’s Renukoot Downstream facility in Uttar Pradesh against Performance Standard V2 (2017) Certification for remelting and refining activities, casthouses, and semi-fabrication. The facility manufactures aluminium ingots, wire rods,...
Hindalco Industries, the leading Indian aluminium manufacturing company, is set to establish a two million tonnes per annum (MTPA) alumina refinery plant in the Rayagada district of Odisha. In this context, the Odisha Mining Corporation (OMC) has entered into a Memorandum of Understanding (MoU)...
Hindalco Industries Limited has officially inked a Memorandum of Understanding (MoU) with Odisha Mining Corporation for long-term bauxite supply. This agreement marks the commencement of a sustainable partnership set to strengthen Hindalco's vision of excellence in the aluminium industry. Hindalco...
Infinitely recyclable without losing the original properties is what makes the metal aluminium popular worldwide across multiple industries. According to AL Circle’s recently released report: “ Global Aluminium Industry: Key Trends to 2030 ”, the world recycled aluminium usage stood at 27.1 million...
Aluminium Stewardship Initiative has reportedly certified Hindalco Industries Limited’s Kuppam Works plant in Andhra Pradesh, India, against Chain of Custody (CoC) Standard V1 (2017) certification. The plant has achieved ASI’s CoC certification for the second time. In August 2023, the facility...
Indian aluminium players have increased their aluminium selling price this week in tandem with the LME aluminium growth trend. Vedanta has increased its aluminium ingot and aluminium products prices twice this week, while Hindalco once so far. On Friday, September 29, Vedanta expanded its aluminium...
This week, the downstream aluminium sector has witnessed exciting movements, with Guangdong Fenglu Aluminium Co., Ltd. making progress on their aluminium and metal processing project in Xinxing County. All seven bidding sections of the first phase have achieved their construction milestones, and...
An executive of Hindalco Industries Limited, Nilesh Koul, rightly pointed out at the Fastmarkets aluminium conference in Barcelona that India's aluminium industry future looks radiant amid a muted or downtrend global picture. Thanks to the infrastructure provided by the government, the Indian...
The end-user aluminium sector marked exponential advancements this week. Hindalco Industries and Metra SpA formed a technological alliance, with the latter providing structured and value-added aluminium extrusions for the creation of lightweight aluminium rail coaches in India. The agreement was...
Hindalco Industries, one of the world's leading aluminium rolling and recycling companies, has embarked on a technological alliance with Italy's Metra SpA. On September 11, the agreement was signed between the two, and the latter, a producer of structured and value-added aluminium extrusions, will...
