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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Utkal Alumina International, a fully-owned subsidiary of Hindalco, declared on July 4, that it would most likely finish its 500-kilotonne expansion over the next 30 months. This project involves a capital outlay of INR 1300 crore. Hindalco managing director Satish Pai told, “Our Utkal plant remains...
The Indo-Italian MetalHub , a one day event, which was designed to encourage cooperation between the Indian and Italian industrial metals districts, was held in Milan on July 2. This marked another step towards the cooperation between the technical excellence of Italy and the mineral richness of...
According to the presentation made by the Aluminium Association of India (AAI) and reviewed by Business Standard, the Indian aluminium industry has been suffering over the years because of the unfavourable Free Trade Agreements (FTAs) that allowed China to dump a huge amount of aluminium in India....
Hind Aluminium Industries Ltd., a manufacturer of aluminium alloy and electrical grade wire rods, has announced its financial results for the fourth quarter and full year ended 31st March 2018. The company’s net profit registered INR 1.78 crore for the quarter ended March 31, 2018, from INR 0.33...
Aluminium-producing companies have moved the government to impose quantitative restrictions on imports as their demand to levy anti-dumping duty on cheap imports has not materialised for the last two years. Imports account for 54 per cent of total aluminium consumption in India, up from 52 per cent...
Hindalco Industries Ltd, a producer of aluminium and copper products, posted 25 per cent decrease in profit in the fourth quarter ended March 31.The company's profit stood at INR 377 crore, from INR 503 crore a year earlier. Revenue stood at INR 11,681 crore in the three months through March 31....
According to the Quint report, Indian aluminium producers, especially the integrated ones having presence right from raw material to final product like Hindalco and Nalco are likely to be benefitted on the US sanctions against twelve Russian companies including billionaire Oleg Deripaska-led Rusal,...
At the recently held National Seminar in Mumbai, organised by Aluminium Association of India and sponsored by Hindalco, Nalco, Vedanta and TKIS on developments of special alloys and composites of aluminium, Dr. Tapan Kumar Chand, CMD of Nalco and President of Aluminium Association of India,...
At the commencement of e-auctions, Odisha Mining Corporation offers 190,000 tonnes of bauxite secured from its Kodingamali mines in Southern Odisha. This maiden attempt of OMC to sell bauxite at e-auctions has evoked buying interests from many alumina refinery owners, both within and outside the...
Vedanta, a global diversified metals and mining company, plans to sign a long-term contract with Odisha Mining Corporation (OMC) to haul bauxite for its Lanjigarh (Kalahandi district) alumina refinery. However, the company is perplexed about the escalation of the transport cost of procuring raw...
A one day National Seminar on Development of Special Alloys and Composites of Aluminum for New India took place in Mumbai on 16th of March, 2018. The seminar was organized by Aluminium Association of India (AAI), an apex body for the Indian aluminium sector, in association with the primary...
The city, known for its prodigious business hub or popularly recognised as the economic capital of India - Mumbai witnessed a prestigious One Day National Seminar on Development of Special Alloys and Composites of Aluminum for New India on 16th of March, 2018, organised by Aluminium Association of...
Jawaharlal Nehru Aluminium Research Design & Development Centre, Nagpur in association with Corporate Monitor, Kolkata inaugurates a 2-day Seminar on “Development of Aluminium Alloys & downstream products for Defence, Aerospace & other strategic applications” at JNARDDC, Nagpur today. The event was...
Hindalco Industries’ alumina production reached 734 thousand tonnes in quarter ended December 31, 2017. Alumina production stood at 2, 170 thousand tonnes in 9M-FY2018. Utkal Alumina International Limited (UAIL) produced 376 thousand tonnes of alumina in Q3 FY2018.The company said its UAIL...
Hindalco Industries Ltd., released standalone unaudited financial results for the quarter ended December 31, 2017. The company produced 323 thousand tonnes of aluminium in Q3 FY18. VAP (including Wire Rod) production stood at 123 thousand tonnes, up 3 per cent. Hindalco’s revenue increased 18.4 per...
A bullish LME aluminium outlook notwithstanding Indian primary aluminium producers are struggling to keep their profits intact. Reason- The spiralling cost of raw materials. From alumina to coal, coal tar pitch and caustic soda every key ingredient of aluminium making has become costlier and this...
Utkal Alumina International Limited, a subsidiary of Aditya Birla Group owned Hindalco Industries, has applied for environment clearance for its expansion of the alumina refinery in Odisha. The estimated cost of the proposed expansion project is INR 4000-5000 crore. With the proposed expansion, the...
An optimistic projection method based on last five years’ export data yielded figures showing India’s bauxite export (HS Code 260600) decreasing by around 53 per cent year-on-year in 2018. From approximately 2.6 million tonnes in 2017 (verified data from Ministry still awaited), the annual bauxite...
