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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Indian bauxite exports rejig estimated in 2017 after sharp decline in 2016
<p>As per data released by the Indian Bureau of Mines in the latest edition of India Minerals Yearbook 2015 (published in January 2017), the total value of exports (including re-exports) of ores and minerals at INR1,78,077 crore accounted for 9.4 per cent of the total value of all merchandises...
Trading activity declined in global secondary aluminium market during Nov-Dec 2016, reports BIR
<p>The latest edition of Non-Ferrous Metals World Mirror published by the Bureau of International Recycling (BIR) is out now and available for industry reference, reported Scrap Monster. The highlight of the report remains an almost silent secondary non-ferrous metal market after the Indian...
Bajaj Auto’s 2017 KTM RC bike gets an aluminium side-slung exhaust
<p>Bajaj Auto has launched two bikes for 2017 models of the KTMC RC- the new RC 390 and the new RC 200. The RC200 features a new paint scheme with graphics mimicking its elder sibling; the colour design is dissimilar though.<br /><img style="vertical-align: middle; display: block; margin-left:...
Indians can now drop their names on moon’s surface: Courtesy- TeamIndus’ aluminium device
<p>TeamIndus, a Bengaluru-based space start-up, has offered an opportunity to the citizens of India to drop their names on the moon on small-sized aluminium objects. TeamIndus’s innovative technology involves procedure of engraving people’s names on small-sized aluminium objects and...
AlCircle sets the stage for Aluminium and New Materials Roundtable: A Review
<p>The Roundtable Conference on<strong> Aluminium and New Materials: The Investment in Technology</strong> held yesterday at ITC Sonar Bangla Hotel, Kolkata, West Bengal, was a resounding success. Held as a part of the <strong>Bengal Global Business Summit 2017</strong>, the event saw AlCircle...
AlCircle co-hosts Aluminium & New Materials Roundtable: Watch out for LIVE-streaming at 4 p.m.
<p>AlCircle, the trusted information and business portal for the global aluminium industry, is going to co-host a roundtable conference on <strong>Aluminium and New Materials: The Investment in Technology</strong> today, January 20, at 4 p.m. at ITC Sonar Bangla Hotel in Kolkata, West Bengal....
India's Inter-Ministerial Group to respond to RAKIA's arbitration notice on failed bauxite supply
<p>Government of India will form an Inter-Ministerial Group to respond to Ras-Al-Khaimah Investment Authority's arbitration notice seeking compensation on a total investment of US$44.71 million that is being made by it or ensure immediate supply of bauxite to the alumina refinery set up in the...
JNARDDC and MRSAC to develop app to provide data on bauxite deposits in Maharashtra
<p>Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC) from Nagpur, India is developing an app in collaboration with the Maharashtra Remote Sensing Application Centre (MRSAC) which will provide a digital database on bauxite and laterite deposits in Maharashtra.<br /><br...
Vedanta Limited reports 37% YOY growth in aluminium production in Q3 FY2017
<p>Vedanta Limited has published the production Release for the Third Quarter and Nine months ended 31st December 2016.</p> <p>The metal and mining major continued ramp up of Jharsuguda-II and BALCO-II smelters. The company commenced the ramp up of the third line of the 1.25 mtpa Jharsuguda-II...
Odisha government revives hopes to Vedanta’s Lanjigarh alumina refinery
<p>The Odisha government and state-owned Odisha Mining Corporation entered into a partnership on Wednesday, 11 January, that will provide bauxites to the Vedanta’s Lanjigarh alumina refinery, which is not operating to its full capacity.<br /><br />Lanjigarh alumina refinery will get bauxite...
India's Mines Ministry moves to fast-track MIP on aluminium
<p>The Indian government announced Friday, January 13, that it is considering imposing a minimum import price (MIP) on aluminium. The MIP will help check excess cheap aluminium imports from the international market that have been hurting the bottomlines of the domestic primary producers. <br /><br...
UAE serves Indian govt arbitration notice for failing on bauxite supplies for Andhra alumina project
<p>The UAE Ras Al-Khaimah Investment Authority (RAKIA) has served an arbitration notice to the Indian government seeking a hefty compensation of US$44.71 million for a bauxite and alumina supply agreement that was signed for a planned project in south India. The notice served mentioned the option...
Nalco signs multiple R&D agreements, commercializes 5 registered patents
<p>Indian Navaratna PSU National Aluminium Company (Nalco) announced commercialization of five out of its 29 registered patents, in Odisha on Sunday. The aluminium producer said that it intends to put its nano-based Emrion Technology for de-fluoridisation to use in endemic fluoride contaminated...
India aluminium scrap prices decline; Aluminium futures up in line with LME aluminium
<p>Major aluminium scrap commodities prices in India declined on Friday, while aluminium futures prices at Multi Commodity Exchange advanced one percent in line with LME aluminium prices as traders covered their short positions on weekend. <br /><br />The major aluminium scrap commodities on the...
NALCO records 18% YoY growth in bauxite production- the highest in 2016
<p>Indian PSU National Aluminium Company (Nalco) has reported 18 per cent growth in its bauxite production in 2016. Since the inception of the company, this was Nalco’s highest recorded growth in bauxite output, according to T K Chand, the company’s chairman and managing director...
Endurance Technologies plans to shift aluminium die-casting plant operations
<p>Endurance Technologies, India’s leading automotive component manufacturer, announced that it has decided to move its manufacturing operations of aluminium die-casting plant at Takve, Pune to its other plants.<br /><br />The company observed that the customers’ demand has started...
Top 10 Aluminium Companies in India
The aluminium industry in India is on the verge of witnessing a major leap in consumption over the next five years. Major producers are adding significant capacities and investing in new technologies to add more value to their downstream product portfolios. This, they are doing, in order to cash in...
Jindal Aluminium plans to fund AI focused start-ups
<p>Jindal Aluminium Ltd (JAL), the leading manufacturer of aluminium extruded profiles in India, announced that the company plans to invest upto INR 30 crores in AI focused start-ups for first-rate investment prospects. With the emergence of AI based technology start-ups in the last two...
