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 Saturday, July 23, Hindalco’s aluminium products prices, as well as aluminium ingot price saw a rise of INR 2,750 per tonne or 1.12 per cent, following a cut of the same amount on the previous day. Thus, Hindalco’s aluminium ingot price rebounded to INR 228,750 per tonne, with effect from July...
The downstream sector is the most productive sector of all as its profiles travel down to the retail market for the manufacturers to make products for consumers to utilise. This week has been quite exciting for the downstream zone as many important names made a headline with their noble...
The primary aluminium industry witnessed a lot of significant incidents this week. From the LME aluminium price opening the week with an escalation to the news of Rio Tinto resolving tax disputes with the Australian taxation office, the metal market as a whole had been going through lots of ups and...
Hindalco Industries Limited has expanded its aluminium products and aluminium ingot prices for the third day in a row, with effect from Thursday, July 21. The company has increased its aluminium wire rod price by INR 4,000 per tonne to INR 239,850 per tonne as of July 21. On the previous day, the...
Hindalco Industries Limited has increased its aluminium ingot and aluminium products prices, with effect from Tuesday, July 19, following a cut last week, July 15. Hindalco’s aluminium ingot price has witnessed a hike of INR 4,250 per tonne to stand at INR 221,500 per tonne. On July 15, the price...
As part of an alliance, Aequs Pvt Ltd., a leading aerospace components manufacturer and Hindalco Industries, the world's largest integrated aluminium company, have sealed long-term collaborations and joint business development to strengthen the aerospace sector. For the development, manufacture,...
Now, the use of aluminium as energy source in electric vehicles will be possible in India, thanks to the partnership of Hindalco, Phinergy and IOC Phinergy. According to a report on July 18, Aditya Birla’s flagship company Hindalco has signed an MoU with Phinergy, an Israel-based company engaged in...
Hindalco’s Aditya Aluminium that a operates smelter and power plant complex at Lapanga in Sambalpur has taken up the responsibility to revive water bodies and conserve running water, wastewater and rainwater in the Rengali Block habitation area. The majority of Odisha’s Sambalpur district, Rengali...
Urban mining is the process of removing non-ferrous metals, like aluminium, copper, lead, and zinc, from electronic trash and other wastes that are primarily produced in urban areas. To make deep-seated minerals such as zinc, lead, and copper more accessible, the minerals and metals industry is...
Hindalco Industries Limited has revised its aluminium products and aluminium ingot prices this week, which, as per the data, has trended up after witnessing a cut on July 6. With effect from July 8, Hindalco has scaled up its aluminium wire rod price by INR 3,750 per tonne or 1.69 per cent to INR...
Hindalco Industries Limited has slashed its aluminium ingot and aluminium products prices, with effect from July 6, following a hike on the previous day. Hindalco has axed its aluminium ingot price by INR 4,750 per tonne or 2.12 per cent to INR 219,000 per tonne. On July 5, the company’s ingot...
Indian aluminium giants like Hindalco and Vedanta have shown interest in joining hands with Coal India Limited as equity partners for the proposed integrated greenfield aluminium project in Odisha. The news comes on Wednesday, July 6, after two officials aware of the matter reported, stating that...
The downstream segment of the aluminium industry derives its major raw material from the primary sector and is considered the most vital part of the industry. This week, the global aluminium downstream segment witnessed limited but strong events. To begin with, on June 29, Hindalco Industries...
Hindalco Industries Limited reduced its aluminium ingot and aluminium products prices, with effect from Thursday, June 30. The company trimmed its aluminium ingot price by INR 3,500 per tonne to INR 225,250 per tonne. On the previous day, June 29, Hindalco’s aluminium ingot price stood at INR...
On 29 th June 2022, the world’s largest aluminium rolling company, Hindalco Industries made public that its board has delivered a green signal to invest INR 71.50 lakh in the equity share capital of Cleanwin Energy SIX. The total cost of acquiring a 26 per cent stake in Cleanwin Energy SIX is INR...
Hindalco Industries Limited has again increased its aluminium ingot and aluminium products prices, with effect from Tuesday, June 28, following an intermittent cut of INR 3,500 per tonne on May 25. Today, on June 28, Hindalco’s aluminium ingot price has seen a rise of INR 1,250 per tonne or 0.56...
The global aluminium industry’s most vital segment is the downstream part, which converts aluminium into manufacturing feedstock. This week, the downstream sector witnessed a lot of ups and downs with a satisfactory note in the end. To begin with, Gränges, the aluminium technology company, is...
Hindalco Industries Limited further expanded its aluminium ingot and aluminium products prices, in line with the increase in global aluminium benchmark price. As of Friday, June 24, Hindalco’s aluminium ingot price closed at INR 225,750 per tonne, up by INR 2,250 per tonne or 1 per cent from INR...
