India’s electronics aluminium demand to grow 10.18% CAGR: Why aren’t makers benefiting from strong domestic production?
India’s aluminium smelters operate with some of the highest margins in the value chain, at around 10 per cent, but this profitability is not reflected among downstream manufacturers, where margins are closer to 5 per cent. These companies convert the metal into finished products such as heat sinks,...
India's ₹9,150b power grid push could drive new aluminium demand
India's planned transmission investment and renewable-energy expansion could lift aluminium consumption in electrical applications to 4 million tonnes by FY30. India's push to expand its electricity transmission network is emerging as a major potential growth driver for aluminium, with the...
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Balco's energy conservation initiatives saved 22000 GJ in FY22, increasing its decarbonization efforts
India's iconic aluminium manufacturer, Bharat Aluminium Company Limited (BALCO), a subsidiary of Vedanta Aluminium, conserved more than 22,000 gigajoules (GJ) of energy in FY22. As part of the company's commitment to reduce carbon emissions by 2050 or earlier, Balco is gaining ground toward...
Epsilon Carbon to develop a molten pitch storage facility at Mangalore port aims to supply aluminium smelters
Epsilon Carbon, India's foremost manufacturer of coal tar derivatives, as well as the nation's only backwards-integrated manufacturer of raw material, has agreed to collaborate with edible oil refiner Sri Anagha Refineries to construct molten pitch storage tanks at the refiner's premises in...
Vedanta Aluminium inks MoU with TÜV SÜD to achieve water-positive sustainability goals
India's largest aluminium producer, Vedanta Aluminium has partnered with TÜV SÜD, a global leader in safety, security, and sustainability solutions, to become net water positive. As a part of this partnership, Vedanta Aluminium and TÜV will create a roadmap for the company's water positivity goal...
End user weekly recap: 200 new units of Vande Bharat train on the way with aluminium sleeper coaches; Sportsmen praise Dhyana's second edition of aluminium smart wearables
The aluminium end-user segment remained quite insightful during the week. It can be seen that the use of aluminium is not just limited to the industrial sectors but is widespread. Indian Railways announced a tender of INR 26,000 crore for the production of 200 units of the Vande Bharat train with...
Primary aluminium weekly recap: Vedanta’s aluminium business to benefit from Athena power plant investment; Lobachevsky University scientists develop aluminium alloys with high plasticity
Due to the unique features of aluminium, like lightweight, recyclable, corrosion resistance, and high strength, the metal is considered one of the top choices for the manufacturing industry professionals. In addition to this, aluminium is a metal which is constantly under the experimental radar....
Vedanta’s aluminium business to reap benefits from its investment in Athena power plant
On Thursday, July 7, Vedanta Limited officially announced that it would acquire a 100 per cent stake in debt-ridden Athena Chhattisgarh Power Limited for INR 564.67 crore. The mode of payment is most likely to be cash, and the transaction is expected to complete in FY2022-23. The news came after...
Vedanta escalates its aluminium ingot selling price by 2% to INR 220,500-252,000/t on July 8
Vedanta Limited has escalated its aluminium ingot and aluminium products prices with effect from Friday, July 8, following two consecutive days of cut on July 6 & 7. As per the price chart revealed, Vedanta has hiked its aluminium ingot price by INR 4,250 per tonne or 1.97 per cent to INR...
Aluminium and Carbon fiber frame adorns the exterior of the Lamborghini Aventador Ultimae Coupé
Lamborghini has launched the ultra-rare Aventador LP 780-4 Ultimae Coupé in India, which flaunts a blended carbon fiber and aluminium body. The Italian supercar maker will manufacture 350 units of the Ultimae Coupé and 250 models of the Roadster globally, out of which not one car is left seeking...
Falling aluminium and copper prices may lead KEI Industries to reduce its price
The Chairman of KEI Industries, Anil Gupta stated that the company has already implemented some price cuts in Q1FY23, and with copper and aluminium prices down 20%-30% Q-o-Q, it may further cut prices in the near future. KEI Industries, the market leader in the manufacturing of wires and cables in...
Jindal Aluminium narrates its 50 years of success through new logo design
Jindal Aluminium has reportedly launched a new logo and brand identity, which reflects the journey of its transformation and growth story for over 50 years. The new logo design has a legacy ring and a glyph that sports the company name. The logo symbolises timelessness, integrity and perfection,...
Vedanta increases its aluminium wire rod price by INR3000/t w.e.f. July 5 as LME price grows over the weekend
Vedanta Limited has increased its aluminium products and aluminium ingot prices for the second time in a row, with effect from Tuesday, July 5. The company expanded its aluminium wire rod price by INR 3,000 per tonne to INR 231,000- 238,500 per tonne versus INR 228,000- 235,500 per tonne on July 1....
Hindalco and Vedanta wish to join CIL’s greenfield aluminium project as equity partners
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...
Sportsmen praise Dhyana's second edition of aluminium smart wearables
Dhyana, an Indian fitness wearables start-up endorsed by badminton legend Pullela Gopichand and Olympic gold medallist Abhinav Bindra has officially publicised the second edition of its ultra-light unibody aluminium ring, which acts as a health-tracker. This feather-like unibody aluminium ring has...
WTO withholds decree on US’ aluminium and steel tariff dispute with six nations
The World Trade Organization (WTO) has impeded its dispute panel’s decree on the United States tariff with six nations including Russia, India and China against higher duties on some aluminium and steel products to the second half of 2022 adducing “complexity of the issue”. A Geneva-based official...
India’s largest aluminium producer Vedanta reports 3% production leap in Apr-Jun quarter
On 4 th July 2022, the largest aluminium producer of India, Vedanta reported a 3 per cent upswing in its aluminium production to 565,000 tonnes in the April-June quarter of FY22-23. Anil Agarwal-led Vedanta Ltd runs its aluminium operations in the states of Odisha and Chhattisgarh and had produced...
IIT Guwahati researchers to employ aluminium nitride in its new low-cost radiative cooler
The Indian Institute of Technology (IIT) Guwahati said on Monday that researchers there have created a low-cost, effective "passive" radiative cooling system that runs without energy and can serve as a substitute for traditional air conditioners. This radiative cooler coating material may be placed...
Alcoa idles one of the three potlines at Warrick aluminium smelter in Indiana
On 1 st July 2022, the Pittsburgh-headquartered American Industrial Corporation due to operational challenges at Warrick aluminium smelter, Alcoa announced it is curtailing one of three potlines immediately. There are three smelting lines at Warrick, each capable of producing approximately 54,000...
200 new units of Vande Bharat train on the way with aluminium, sleeper coaches
Indian Railways has floated a tender worth INR 26,000 crore for manufacturing 200 units of Vande Bharat train with aluminium coaches, following the government’s commitment to launch new Vande Bharat trains during the budget announcements. The new Vande Bharat train in version 3 will have sleeper...
