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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Angul Aluminium Park to get molten aluminium from Nalco
<p>Angul Aluminium Park, a joint venture between Navratna firm National Aluminium Company (Nalco) and state-owned Odisha Industrial Infrastructure Development Corporation (IDCO) would get molten aluminium directly from the Nalco’s Angul smelter.</p> <p>The first of its kind aluminium park...
Top five aluminium composite panel manufacturers in India
<p>The use of aluminium composite panels (ACPs) for building facades and interiors is catching up globally. Despite the recent spate of fire incidents in different parts of the world which found aluminium composite panels at the centre of all criticism, builders and consumers alike are finding it...
Chhattisgarh to seek NABL’s support in analysing bauxite deposits in the state
<p>The State Mineral Resources Department of Chhattisgarh in India would approach mineral testing laboratories accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL) for their services in analysing different elements of the bauxite ore in Chhattisgarh, senior...
Metef 2017 concludes with a more international coverage
<p>The eleventh edition of Metef just ended in Verona; a great interest among the exibitors and visitors was clearly visible, business linked to the aluminium and foundry worlds was brisk and the dominant theme recorded was that of a more international character. There was a 25% increase in the...
Russia invites Indian investors to “Aluminium Valley” project in Eastern Siberia
<p>Russia-India trade relations achieved some great milestones following St. Petersburg International Economic Forum (SPIEF) held on June 1-3, in accordance with the decision of the President of the Russian Federation. In an interview with The Economic Times, Russian Industry and Trade Minister...
Bajaj and KTM to jointly launch Husqvarna Motorcycles in India with aluminium components
<p>Indian motorcycle manufacturer Bajaj and Austrian motorcycle manufacturer KTM started their association 10 years back when Bajaj bought 14.5% stake in KTM. The Bajaj-KTM partnership has launched a number of motorcycles in India in last 10 years which have transformed the entry-level performance...
China’s export of aluminium foil estimated to rise in Q2 FY2017-18
<p>China’s export of light gauge aluminium foils are falling because of anti-dumping duty imposed by India and anti-dumping investigation by the US. The anti- dumping measures on aluminium foils affected the overseas export orders in China. Recently, aluminium processors told SMM that...
Vedanta features among top 100 companies in the Asia300 list
<p>India’s leading diversified natural resources company Vedanta Limited has been featured among the top 100 companies in the Asia300 list released by Nikkei Asian Review. Vedanta Limited is the only company in the natural resources sector to be selected among the top 100.</p> <p><img...
India’s aluminium die casting manufacturer to appoint director at AGM
<p>The leading aluminium die casting manufacturer Endurance Technologies is going to appoint director at its Annual General Meeting (AGM) on 28 July. Massimo Venuti will be appointed as Director of the company. The company will also appoint auditors of the company at the AGM.</p> <p><img...
Aluminium foil comes in the bracket of 18% post GST rollout
<p>India's biggest tax reform Goods and Services Tax (GST) began to roll out from Friday midnight, June 30. A number of products rate started affecting after the implementation of GST. Some of the products become cheaper while some becomes costlier with the new tax regime. Aluminium foils become...
Team India enters final of Elon Musk’s Hyperloop Challenge with lightweight Orcapod
<p>Team Hyperloop India has made it to the finals of the much talked about Space X Hyperloop Competition Summer 2017 to be held at Hawthorne in California on August 25-27. The first and only team from India and one out of the two from Asia is among the top 24 finalists to build the super-fast mode...
New SAF Midwest location to open for aluminium extrusion/sheet sales & fabrication services
<p>SAF (Southern Aluminum Finishing Co.) announces the opening of a new SAF Midwest Branch on August 1, 2017 at 5302 W. 78th Street, Indianapolis, IN 46268. The 40,000 sq ft SAF Indianapolis facility is equipped to sell aluminum sheet, extrusions, and architectural metal fabrication services such...
India Mines Ministry dismisses all reports of Nalco privatisation, says expansion is on the cards
<p>Putting all speculations to rest the government of India said yesterday, June 28, that it is not considering privatising National Aluminium Company Limited (Nalco); rather, it is facilitating the PSU with its INR 5,540 crore worth expansion plan that would make it a leading aluminium producer of...
India aluminium scrap prices show downtrend on Index; aluminium futures stay flat
<p style="text-align: left;">Major India aluminium scrap commodity prices registered a drop on the Scrap Register Index on Monday, June 26, while aluminium futures prices showed no change at the Multi Commodity Exchange (MCX). The market focus was on rising aluminium supply, higher inventories, and...
Metef 2017: Metals technologies create a bridge between innovative opportunities in India & Italy
<p class="Default">Metef 2017 that took place in VERONA on 21-24 June 2017 is the greatest exhibitions on the metals sector in the SEMEA region.</p> <p class="Default" style="text-align: center;"><img style="vertical-align: middle;" src="http://www.alcircle.com/uploads/images/metef6.jpg"...
"Our dream has just begun” – Anil Agarwal details Vedanta’s US$6-7 bn India investment plan
<p>Vedanta Resources, the world’s leading diversified natural resources company with aluminium operations in India, said that its big dream for the country has only just begun. With a market capitalisation of US$14 billion, the group is setting out to invest US$6-7 billion in expanding its...
Indian aluminium producers join in a petition against power duty hike in Odisha
<p>Major Indian aluminium producers National Aluminium Company Limited (Nalco), Hindalco, and Vedanta Aluminium have come forward to jointly protest against the massive power duty hike in Odisha, reported global news agencies Platts and Aluminium Insider. In a petition to the Government of...
Vedanta-LG’s INR 16k crore electronics project in Mihan to create fresh demand for aluminium
<p>Vedanta Group, one of the world’s leading diversified natural resources company with interest in aluminium value chain, is mulling an INR 16,000-crore worth electronics product manufacturing facility in Mihan, Nagpur. The project will be set up under Twinstar- a joint venture of Vedanta...
