Bosch SDS, Dassault Systèmes collaborate to advance AI-led manufacturing in India
Bosch Software and Digital Solutions (Bosch SDS) and Dassault Systèmes today announced a collaboration in India to help manufacturing enterprises accelerate digital transformation across product engineering, manufacturing operations and industrial value chains. The collaboration brings together...
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...
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Vedanta kicks off ramp up of second aluminium smelter at Jharsuguda
Diversified metals and mining major Vedanta Resources has initiated the ramp up of its second aluminium smelter at Jharsuguda. Vedanta aims to commission two potlines of the smelter to reach a capacity of 0.6 million tonne per annum (mtpa) by the end of this financial year. The second smelter with...
Gravita India starts aluminium recycling at Jaipur plant
Shares of Gravita India rose 4.3 per cent intraday Monday as it has started commercial production of aluminium alloys. The company has made an entry into aluminium recycling at its new recycling plant at Phagi, Jaipur with an initial capacity of 6000 MTPA of aluminium alloy production. The company...
JNARDDC with NALCO develops high strength ceramic balls from bauxite ore and flyash
The Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC) has developed a unique product; very high strength ceramic balls or granules made from one of the waste components (partially lateritized khondalite or PLK) of bauxite ore and flyash. The centre is in the process of...
Apple eyeing Indian mobile market with iPhone SE designed with bead-blasted aluminium
Apple has always been held in high esteem globally for being a premiere mobile handset maker excelling in design and technology. But due to its high price-points, the brand has never been able to penetrate much deep into the markets like India, as the majority of the consumers here belongs to the...
Hindalco in talks to refinance Novelis' $5.3-bln loans
Aditya Birla Group firm Hindalco has initiated talks with banks to refinance loans worth $5.3 billion taken by its subsidiary Novelis. According to bankers, the loans are being refinanced with longer-term loans and at lower costs to cut the finance costs of the company and increase its repayment...
Nine mines in Odisha including bauxite mines to be auctioned by year end
By December this year, nine mines, including iron ore, limestone and bauxite mines will be auctioned in Odisha, the state steel and mines minister Prafulla Mallik has said. For this necessary steps are being undertaken for the mines to be moved from G-3 to G-2, while GPS survey is also on he said...
Alcoa’s aluminium demand revision a worry for Indian producers
Aluminium prices rose for a while in the March quarter but gave up most of those gains towards the end of the quarter. Here comes more gloomy news. Aluminium producer Alcoa Inc. said global demand for aluminium will grow by 5 per cent this year, instead of the 6 per cent it had forecast in January....
Aluminium to harden on hopes of oil output freeze
Aluminium is likely to get costlier in the coming days due to the expected freeze on oil output to be clamped by the Organization of Petroleum Exporting Countries at its meeting with non-OPEC members on April 17. The output freeze will spur price increase because energy accounts for about 30 per...
Aluminium futures gain on spot demand
Aluminium prices in Indian market edged up by 40 paise to INR 101.30 per kg in futures trade today as participants enlarged positions, supported by a strong spot demand in the physical market. In futures trading at the Multi Commodity Exchange, aluminium for delivery in May inched up by 40 paise,...
Vedanta Ltd announces Q4 and Full-Year 2016 production results
Vedanta Limited announced yesterday production results for the fourth quarter and full year ended 31 March 2016. In Q4 FY2016, aluminium production was 226 kt at Jharsuguda and Korba. Q4 FY2016 aluminium production highlights: On 27th January, the company received approval from the regulatory...
India launches space technology to tackle illegal mining of bauxite and other minerals
Rising levels of illegal mining in India is seeing the government implement space technologies in an effort combat the issue. Each state was also asked to gather information on past illegal mining activities of minerals like bauxite and other metal ores, and methods used to check them. Balvinder...
Aluminium China 2016 to open the door to Asian downstream markets
In the face of increasingly volatile global commodity markets, Aluminium China 2016 will be focusing on opening up new business opportunities in the rapidly growing South East Asia markets. As one of the largest international aluminium industry events of the year, Aluminium China, from 12 -14 July...
Aluminium futures weaken 0.24% on profit booking
Aluminium prices softened by 0.24 per cent to INR 102 per kg in futures trading today as participants booked profits, driven by subdued demand in the spot market. At the Multi Commodity Exchange, aluminium for delivery in far-month May declined by 0.24 per cent to INR 102 per kg in a business...
Nalco's captive power plant in trouble
The 1,200 mega watt (MW) captive power plant of National Aluminium Company (Nalco) faces an imminent closure due to lack of facilities to evacuate the slurry. The two ash ponds of the company have been filled to maximum and are hardly in a position to contain more slurry. The company’s proposal to...
Indian Railways set to hold trial run for aluminium body train
After the launch of Gatiman Express, the country's fastest train, Indian Railways is now going to hold trials for a faster train on the Palwal-Mathura route in May. Manufactured by Spanish locomotive-maker Talgo, the train made of aluminium is lighter and faster than Gatiman and can run at speeds...
India-bound 2016 Jaguar F-Pace stands out with its exclusive aluminium built
Jaguar F-pace, the brand new crossover, which debuted at the Frankfurt Motor show and then at New Delhi Auto Expo earlier this year, is all set to hit the roads. It is the 3rd car to be built on Jaguar’s new Lightweight Aluminium Architecture following the XF and the XE. With it, Jaguar aims to...
Andhra Pradesh govt cancels bauxite supply deal with Anrak Aluminium
In a major blow to India's Anrak Aluminium Limited, the Andhra Pradesh government has issued orders for cancellation of bauxite supply agreement made between APMDC (AP Mining Development Corporation) Limited and Anrak Aluminium Limited (AAL). The decision has now raised a question mark on...
Tech start-up Trestor's "Swachh Machine" to dispense drinking water in exchange for used aluminium cans and bottles
Chandigarh-based start-up Trestor is building a machine that can provide clean drinking water to people, especially the urban poor. However, to get 300 ml of water, a person has to put an used plastic bottle or an aluminium beverage can or aerosol can into the machine. Developed in just 95 days by...
