AL Circle Analysis: Import rise meets demand growth on aluminium extrusion chessboard
Aluminium’s downstream trade network is getting more fragmented as import dependence, changing end-use demand and trade-policy interventions reshape regional markets. From North America and Europe to Asia-Pacific, the aluminium industry is navigating a market where access to supply, competitive...
HPCL Brings Energy Leaders, Researchers and Startups Together at IISc Bengaluru to Accelerate energy Innovation through MC²+ IGNITE
The Hindustan Petroleum Corporation Ltd. today hosted the Bengaluru edition of MC²+ IGNITE – India’s flagship energy innovation accelerator at the Indian Institute of Science (IISc) Bengaluru, bringing together leaders from the energy industry, academia, research, startups and the investment...
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Vedanta aims to achieve 80% fly ash utilisation of by 2020; to introduce third-party review of its tailings
Vedanta Ltd is aiming to achieve 80% fly ash utilisation of by 2020. In a recently released report, the company informed that it will introduce third-party review of tailings/ash dyke management system and development of site specific improvement plan in its India operations. Fly ash is by-product...
Update 2019: Top Five Aluminium Powder Manufacturers in India
The global aluminium powder market is clearly growing buoyed by the automotive paints and sealants and other industrial pigments sectors. According to a research study, the market in 2017 was valued at US$ 3 billion and is likely to reach US$ 3.92 billion by the end of 2025, growing at a CAGR of...
NALCO signs MoU with NIT-Rourkela & NITRAA to set up Centre of Excellence
NALCO has signed a Memorandum of Understanding (MoU) with NIT, Rourkela & NIT Rourkela Alumni Association (NITRAA) for the creation of a Centre of Excellence. The objective of collaboration is to develop entrepreneurs by supporting technology-driven start-up companies to improve manufacturing &...
India may impose anti-dumping duties on imported aluminium and zinc coated products
Following the recommendation from commerce ministry’s investigation arm Director General of Trade Remedies (DGTR), the Government of India may reportedly apply a provisional anti-dumping duty between US$ 28.67 per tonne and US$ 199.53 per tonne on imports of aluminium and zinc coated flat products...
Hindalco Industries Ltd. Mouda Unit joins Aluminium Stewardship Initiative
Hindalco Industries Ltd. Mouda Unit has become a new Production & Transformation member of Aluminium Stewardship Initiative (ASI). This brings the total number of members to 95. “As a global metals business across the aluminium and copper value chains with operation in 13 countries, sustainability...
NALCO’s bauxite mine bags Golden Peacock Environment Management Award 2019
The bauxite mine of National Aluminium Company Ltd (NALCO), located in the picturesque Koraput district of Odisha, has bagged the coveted ‘Golden Peacock Environment Management Award’ for the year 2019 for setting global benchmarks in Environmental Management. NALCO received the award at a ceremony...
Vedanta increases aluminium ingot prices effective July 11 with the rise in LME aluminium price
Vedanta Ltd has raised prices of aluminium ingots today registering a rise for two consecutive days in a row. Vedanta has increased the price of P1020/ EC Grade Ingot with 99.7% purity to INR 143000 per tonne effective from today, July 11 from INR 141250 per tonne on July 9. Last increase took...
Vedanta to invest INR 55,000 crore for enhancing production; Integrated aluminium output to be grown 50%
Vedanta Limited, at its 54th annual general meeting in Mumbai on July 11, announced that it would invest INR 55,000 crore across its business to increase production by about 50 per cent. The company also said that it would fund this investment from its internal cash flows. Addressing shareholders...
Maserati to launch Levante Trofeo in India featuring forged aluminium alloy wheels
Italian car manufacturer Maserati is reportedly expected to launch Levante Trofeo in India by later this year. Comprising of 22-inch forged aluminium alloy wheels, the SUV weighs lighter; while its carbon fibre inserts to the rear, side skirts enhance the look. The car also sports matte paint...
Top five aluminium exporters to the U.S. in January-April 2019
The U.S. total imports of aluminium for consumption stood at 1.95 million tonnes in the first four months of 2019, 18 per cent less than 2.38 million tonnes in the first four months of 2018, according to the latest Mineral Industry Survey report from US Geological Survey. Imports of aluminium...
Bauxite mining ban in Andhra Pradesh further clouds the future of 1.5 million-tonne Anrak alumina refinery
The announcement of withdrawal of the mining order in the Eastern Ghats by Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on June 25 has put the future of the 1.5 million-tonne Anrak alumina refinery set up by Anrak Aluminium Limited (AAL) in Visakhapatnam in dark. Bauxite mining rights were...
US drags India to WTO alleging customs duties on 28 American products violating international trade norms
According to a recent report, the United States on Thursday, July 4, lodged a complaint to the World Trade Organisation against India’s move to impose customs duties on 28 American goods, alleging the decision violates international trade norms. Last month, the Indian government had announced an...
Bahrain’s aluminium powder and flakes export estimated to dip 14% in 2019
Bahrain along with producing primary aluminium has been focusing on expanding its downstream production over the years. Enhanced capacity at Bahrain’s largest industrial facility is set to boost downstream manufacturing opportunities and increase industry’s share of GDP. Expansion of Aluminium...
Niti Aayog hints government incentives for electric vehicle infrastructure to encourage electromobility
According to Niti Aayog, the think-tank of the government, the ministry of heavy industry may soon announce incentives for electric vehicle infrastructure to encourage electromobility. The Development Monitoring and Evaluation Office (DMEO), which was set up under the NITI Aayog to keep a check on...
Andhra Pradesh government announced withdrawal of bauxite mining order in the Eastern Ghats
Andhra Pradesh government has decided to cancel permission given to a state run company to mine bauxite in the tribal areas of Eastern Ghats. Andhra Pradesh with 600 million tonnes or nearly 22%, of India’s bauxite reserves, has the second largest bauxite reserve after Odisha. Chief Minister YS...
Fortum signs project with Hindalco to reduce air emissions at Mahan aluminium smelter
Finnish clean energy company Fortum announced that it has signed its first commercial project with Hindalco to reduce air emissions at aluminium smelter in Mahan, Madhya Pradesh. The project is expected to be completed in mid-February 2020. Fortum will cut nitrogen oxide (NOx) through combustion...
Nalco to invest INR 17,000 crore for capacity ramp up; INR 5,540 crore assigned for new alumina refinery stream
National Aluminium Company will reportedly invest INR 17,000 crore to enhance its production capacity. Nearly half of the proposed investment will be made in association with joint venture partners. The state-run aluminium maker will invest around INR 6,000 crore on its own for establishing some...
Nalco CMD receives ‘Global Indian Business Leader’ award
For outstanding financial and production achievements over the past four years, the CMD of National Aluminium Company Limited, Dr. Tapan Kumar Chand, has been honoured with the ‘Global Indian Business Leader’ award on June 17, 2019. On behalf of Dr. Chand, Nalco DGM (Corporate Communication)...
