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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Sustainability has grown as a critical topic in the world aluminium industry, not for no reason. Every day and hour, the industry is witnessing substantial developments pertaining to sustainability. This week, three global aluminium companies bagged ASI certification, GenHydro allied with RPG...
Ayana Renewable Power, a major Independent Power Producer (IPP) in India, has made a significant achievement by signing a Power Purchase Agreement with Hindalco Industries Limited, the flagship company of the Aditya Birla Group. The agreement will supply 100 MW of round-the-clock (RTC) renewable...
Indian aluminium giants like Hindalco, Vedanta, and NALCO have increased their aluminium prices twice this week in line with the LME aluminium price rally by US$64.50 per tonne from August 29-September 1. Hindalco Industries Limited upgraded its aluminium prices on August 31 by INR 2,500 per tonne...
Hindalco Industries Limited plans to invest around INR 2,000 crore to bring new extrusion and fabrication technologies to India, critical to the country's construction of Vande Bharat trains with aluminium bodies . The announcement was made by Kumar Mangalam Birla, chairman of Hindalco Industries...
In a significant milestone for sustainable manufacturing practices, Hindalco Industries Ltd's Kuppam Works has been awarded the ASI Performance Standard V2 (2017) Certification for its extrusions plant situated in the Chittoor district of Andhra Pradesh, India. The achievement marks Hindalco's...
Hind Aluminium Industries Limited, a manufacturer of aluminium & alloy conductors and aluminium wire rods, reported net sales of INR 0.38 crore in the June quarter versus INR 0.33 crore a quarter ago and INR 1 crore a year earlier. At the end of FY2023, Hind Aluminium’s net sales amounted to INR...
National Aluminium Company Limited (NALCO), a Schedule ‘A’ Navratna CPSE, reported last week that its quarterly profit for Q1 FY2023-24 recorded a 40 per cent fall, attributed to sluggish global aluminium prices and mediocre demand. NALCO said that it earned a consolidated profit of INR 3.34...
The downstream aluminium segment witnessed variable production this week, with Aparna Enterprises planning to invest INR 150 crores in FY24 to expand operations and INR 50 crores in tile, RMC, and aluminium. The move reflects the company's commitment to meeting India's infrastructure needs....
This week the end-user sector witnessed a lot of significant events. To begin with, Aluflexpack, a Swiss-based inventor and producer of premium aluminium-based flexible packaging systems, stated that it is reaching the completion of a €70 million ($77 million) investment in expanding and...
Hindalco Industries Limited, one of India’s biggest aluminium manufacturing companies and the world’s largest flat-rolled products player, has announced an alliance with Texmaco Rail & Engineering Ltd., a specialised engineering company, to develop and manufacture aluminium railway wagons and...
Hindalco Industries Limited, one of India's biggest aluminium manufacturing companies, announced the first quarter results of FY2023-24 ended June 30, revealing a net profit of INR 2,454 crore, up by 1.75 per cent Q-o-Q from INR 2,411 crore, driven by a recovery in Novelis business. However, on a...
Hindalco and Vedanta’s aluminium prices stood lower by the end of the week after several cuts from July 18 to 20, 2023. On Tuesday, July 18, Hindalco axed its aluminium ingot price by INR 3,750 per tonne to INR 212,250 per tonne. The company’s aluminium wire rod and billet prices also saw a similar...
Alumina is essential for the production of primary aluminium. It is obtained from bauxite ore through the Bayer process and serves as the primary feedstock in the Hall-Héroult process , which extracts the non-ferrous metal, aluminium from its powder form. Alumina production is energy-intensive but...
EOS GmbH is preparing to deliver its next high-strength aluminium alloy, the EOS Al5X1, this summer, recently demonstrated at the RAPID + TCT exhibition. This material was created due to EOS' new material screening strategy, which considers its clients' individual needs and application designs....
The Indian aluminium major, Hindalco Industries and the parent company of Novelis will commence full-scale alumina sales in Japan. With a dedicated Japanese corporation and warehouses at major ports, Hindalco aims to be among Japan's top three alumina suppliers. Hindalco plans to offer high-end and...
The Aluminium Stewardship Initiative (ASI), an international, non-profit organisation aiming to maximise aluminium's contribution to a sustainable society, works to enhance sustainability across the whole aluminium value chain. ASI Aluminium is a metal produced and acquired following ASI Standards,...
Two days to go to the 27th International Conference on Non-ferrous Metals and here is the complete itinerary of the 2-day event at Hotel Chanakya BNR, Ranchi, India. The event, organised by Corporate Monitor in association with JNARDDC, will begin on July 7 with an inaugural session starting at 10...
Novelis, an independent US-based subsidiary of Hindalco Industries and a leading producer of aluminium, is expected to face pressure on margins for at least the next two to three quarters due to weaker demand in the building and construction sector, reduced aluminium can stocking, and lower...
