Adani-IHC expand Odisha investment plans to $25bn across 14 projects
Abu Dhabi-based International Holding Company (IHC) and India’s Adani Group have expanded their investment plans in Odisha, outlining INR 2.105 trillion (USD 25 billion) of potential investment across 14 projects spanning metals, critical minerals, energy, chemicals and infrastructure. The...
Odisha CM visits EGA Jebel Ali, highlights NALCO–EGA aluminium partnership
Odisha Chief Minister Mohan Charan Majhi visited Emirates Global Aluminium’s (EGA) Jebel Ali site in Dubai, highlighting the strategic importance of the NALCO–EGA technology licensing partnership in strengthening Odisha’s aluminium industry. During the visit, Majhi emphasised how the collaboration...
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Skill India: Yamaha Motor’s new training centre officially opens its doors in Chennai
<p>Leading Japanese two-wheeler manufacturer Yamaha Motor has opened a motor parts manufacturing and assembly training school in India. The opening ceremony of the institute named Yamaha Motor NTTF Training Centre (YNTC) was held last Friday, July 21, at the company’s Chennai plant operated...
China dumping solar panels hurts aluminium frames market; India launches AD probe
<p>In response to a petition by the Indian Solar Manufacturers Association (ISMA) the Directorate of Anti-Dumping & Allied Duties, India, has initiated an investigation against solar equipment imports from China. The solar cell and equipment imports, the Association claims, are hurting the...
Post GST, effective coal prices drop by 2-3% for Indian aluminium producers
<p>The implementation of the Goods and Service Tax (GST) regime has resulted in the decrease of effective coal prices by 2-3 per cent for aluminium producers in India. The new tax structure has subsumed several additional taxes making power a little cheaper for the domestic players in the...
India’s bauxite exports to ebb in Q2 FY2018; PM calls for faster mine operationalisation
<p>After hitting the highs of around 1.28 million tonnes in Q2 FY 2016-17, India’s bauxite export is inching towards a decline, as steep as 59.7per cent year-on-year, reveals global export-import trade estimate. The country exported an estimated volume of 4.12 million tonnes of bauxite in...
Top five automotive aluminium die-casting parts manufacturers in India
<p>India’s automotive component manufacturing sector is on a growth trajectory. Driven by the increased urbanization, evolving automotive industry demand (as it is readying for the Electric Vehicles revolution), and changing fuel economy standards, the sector is growing at a pace never...
NID may use aluminium for signage design for metro rail project
<p>National Institute of Design (NID), a design school in Ahmedabad, has secured Metro rail’s project for the design of signages on the entire stretch of the railway line. The project also includes stations which will connect Ahmedabad and Gandhinagar. The signages are expected to be made of...
Indian auto parts maker to supply aluminium die-casting parts for Tesla’s wiper systems
<p>Gurgaon-based auto component supplier Sandhar Technologies has been selected to supply two wiper system parts for Tesla Model 3.</p> <p>Recently, Elon Musk, CEO, Tesla Motors twitted that “Production unit 1 of Model 3 is now built and going through final checkout.”</p> <p>The news...
India aluminium scrap prices drop; Aluminium futures up on China environmental crackdown worries
<p>India major aluminium scrap commodities prices dropped on the Scrap Register Price Index as on Tuesday, while aluminium futures prices at India's Multi Commodity Exchange settled higher as investors worried about an environmental crackdown in China to close polluting smelters.</p> <p><img...
An Interview with Piero Starita, Director of Laviosa Minerals S.p.A., Italy, at METEF 2017
<p>Mr. Piero Starita, Director of Laviosa Minerals S.p.A.- the Advanced Minerals Solutions company of Italy, talked to AlCircle ahead of Metef 2017 exhibition in Verona, Italy. He spoke about his company’s bentonite and other industrial mineral excavation, processing and distribution...
India’s Rane Group readies to face EV challenges; Diecast aluminium div. set to thrive
<p>India's leading auto component part manufacturer with a strong aluminium die-casting product portfolio Rane Group is readying to enter the era of disruption that electric vehicles are about to usher in globally.</p> <p>The Chennai based group is working on a two-pronged strategy to deal with the...
Aluminium major Vedanta sees great business collaboration between India and Italy
<p>“In Italy, aluminium consumption has increased by twelve times in the last twenty years. We need expertise on metals and we think that your country can offer a lot of skills and technologies.” Maurizio Sala is delighted to hear the words of Harssha Shetty, Indian Manager from Mumbai,...
‘India is one of the more exciting markets for Volvo’ - Helene Mellquist, SVP, Volvo Trucks Intl.
<p>Volvo Trucks, one of the world's largest truck brands and user of aluminium for vehicle manufacturing, believes market is finally looking up for them in the medium and heavy commercial vehicle segments in India. The company having more than 50 per cent share in the country’s mining segment...
U.S. exports 609,148 tonnes of aluminium scrap in January-May 2017, China being the top importer
<p>The shipments of aluminium scrap by the USA, the world’s largest aluminium scrap exporter, increased during the first five months of 2017. According to the latest data released by the US Census Bureau and US International Trade Commission, the USA’s exports increased 13 per cent from...
Week in Review: The top newsmakers in downstream aluminium sector
<p>Downstream aluminium sector is where the real buzz is right now. The once mighty primary aluminium industries in many regions are currently shifting their focus to downstream manufacturing, and the last week stood a witness of many such changes.</p> <p><strong>Norsk Hydro</strong> entered into...
Indian pilot builds indigenous aircraft from aluminium alloy; waiting for flying permission
<p>Thrust Aircraft Private Limited is a unique venture was started by a self-motivated entrepreneur Capt. Amol Shivaji Yadav. He is a Deputy Chief Pilot by profession and has been working on building indigenous aircraft for past 17 years.</p> <p>Amol Yadav assembled his first aircraft by himself on...
Indian aluminium futures gain on rising demand
<p>The prices of aluminium futures in Indian market rose 0.62 per cent today, further up from yesterday’s 0.29 per cent rise, to stand at INR 121.95 per Kg. Speculators were found engaging themselves in enlarging positions and taking positive cues from the aluminium spot market as demand...
India becomes the fourth largest auto market in the world beating Germany and UK
<p>According to data from the Society of Indian Automobile Manufacturers (SIAM), the apex lobby body for the country, India beats Germany and the UK to emerge as the world’s fourth largest vehicle market. The country registered sales of 1.64 million units from January to May 2017 to seal the...
Scania’s new U-BODY tipper to boost productivity of Indian miners
<p>Scania CV India, a subsidiary of Scania Group, has launched the new U-BODY tipper truck for the country’s mining sector. The global manufacturer of heavy duty vehicles and engines aims to increase productivity across a wide section of mineral exploration including coal, bauxite, and iron...
