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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Vedanta Limited reports increased revenue and EBITDA for Q4 and FY 2017; aluminium production at record high
<p>Vedanta Limited announced its audited consolidated results for the fourth quarter (Q4) and full year ended 31 March 2017 (FY 2017) on Monday May 16. The results report record annual production at Aluminium, Power, Zinc India (Zinc and Silver) and at Copper-India and improved revenue and...
India imposes definitive ADD on imports of automobile aluminium radiators from China
<p>India has imposed a definitive anti-dumping duty of $22.89 on the imports of Aluminium Radiators, Aluminium Radiator Sub-Assemblies and Aluminium Radiator Core, including in complete knocked down (CKD) or semi-knocked-down (SKD) conditions, for use in used/on road vehicles and generator sets,...
Scarcity of pitch and coke may hit aluminium production in Nalco
<p>According to a media report from Odisha, National Aluminium Company (Nalco) has feared scarcity of pitch and coke, two essential raw materials of aluminium smelting in last fifteen days may affect production in the coming days.</p> <p><img style="vertical-align: middle; display: block;...
Midhani’s new aluminium alloy plant to come up in Nellore, Andhra Pradesh
<p>The Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC) has identified land sought by Mishra Dhatu Nigam Limited (Midhani) for its proposed aluminium alloy plant. The district administration has considered a strectch of land at Bodduvaripalem in Kodavalur mandal in the district...
India aluminium scrap prices stay flat; aluminium futures settle slightly higher
<p>India major aluminium scrap commodities prices on the Scrap Register Price Index stayed flat as on Tuesday, while aluminium futures prices at Multi Commodity Exchange settled slightly higher at INR 121.05 per kilogram.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto;...
GE to modernise Hindalco's captive power plant
<p>Hindalco Industries has entrusted power solutions provider GE with the task of modernising two steam turbines at the company’s Renusagar captive power plant in Uttar Pradesh. GE has made an announcement on Tuesday that it entered into an agreement with Hindalco to upgrade...
Aluminium alloys market foreseeing a boost as IATA says India will see maximum flyers in 2017
<p>India will see maximum people flying with commercial air carriers in 2017 surpassing the biggest ones till now including UK, Germany, Japan and Indonesia, International Air Transport Association (IATA) data shows. This will provide the much needed traction to the annual delivery of commercial...
PNY launches pocket-sized SSD with aluminium housing
<p>PNY Technologies (PNY), a leader in memory manufacturing, has launched pocket-sized ELITE Portable Solid State Drive (SSD) in 240GB and 480GB capacities. The PNY Elite Portable Solid State Drive comes with ultra-compact and durable aluminium housing.</p> <p><img style="vertical-align:...
India based e-waste recycling startup successfully extracts aluminium and copper from scrap
<p>An e-waste recycling startup in Faridabad, India by “a recycler with professional degrees and an organized setup” is changing the way people in India look at scrap recycling.</p> <p>The Namo E-waste Management was started in 2014 by 28 year old Akshay Jain , who did his MBA from...
Vedanta undeterred by bauxite mining challenges
<p>Vedanta Aluminium, one of India’s three leading primary aluminium companies, is focused on getting its ambitious aluminium expansion plans executed successfully despite multiple bauxite mining challenges strewing its path. It is said to be banking heavily on its high smelting capacity and...
India’s aluminium tubes or pipe fittings imports post 19% QoQ growth in Q4 2016-17
<p>India’s merchandise imports posted a double digit growth for the second month in a row, growing at 45.3 per cent year-on-year in March 2017. A buoyant domestic demand saw consumption of core goods increasing steadily, the primary drivers being oil and gold. Global analytics company Crisil...
JNARDDC to extract rare earth elements from red mud
<p>Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC), Nagpur is working to develop cheaper methods to extract rare earth elements (REE) from the waste generated from aluminium industry. The Department of Science and Technology, Government of India and JNARDDC have started...
China’s bauxite import from India halves while total imports rise 0.11% YoY in March ‘17
<p>China's bauxite imports in March 2017 increased marginally. The country purchased 5.06 million tonnes of aluminium ore from the global market, a quantity higher by 0.11 per cent from that purchased in March 2016. Total bauxite imports during the first three months of the current year totalled...
"A flourishing downstream industry, economical aluminium prices and improving aluminium usage can only increase aluminium consumption in India," - Mr. BD Garg, Executive Director, Jindal Aluminium Limited
<p>Jindal Aluminium Limited is a leading aluminium extruder in India and the largest aluminium product manufacturer with above 35% of the market share. Leading the company from the forefront is a group of stalwarts among whom B.D. Garg deserves a special mention. A veteran in the Indian aluminium...
Indian bauxite export registers quarter on quarter increase in FY 2017
<p>According to UNFC system, India has a total bauxite resource of 3,480 million tons which includes 593 million tonnes reserves and 2,887 million tonnes remaining resources. By grades, about 84% resources are of metallurgical grade. Odisha alone accounts for 52% of country's resources of bauxite...
India Ministry of Mines to get 'chair professor in Aluminium' for VNIT
<p>The Department of Metallurgical and Materials Engineering (MME) at Visvesvarya National Institute of Technology (VNIT) announced last week that it intends to get a 'chair professor in Aluminium' soon. The chair, to be set up by the ministry of mines (MoM) through the city based Jawaharlal Nehru...
Expect good margin from aluminium in FY18: NALCO
<p>India’s leading aluminium producer National Aluminium Company (NALCO) has seen a strong response to their offer for sale (OFS) with the non-retail segment seeing a subscription of 1.84 times and the government has decided to retain full over subscription under the greenshoe option.</p>...
Pot outage upsets Vedanta’s aluminium smelter operations
<p>Vedanta Resources plc's subsidiary Vedanta Limited has made an announcement yesterday, 20th April, 2017, that it faced pot outage at its aluminium smelter and the coal handling plant was affected in another incident of fire. Both the incidents occurred earlier this week at its two different...
