H1 2026 sees more renewable energy than ever: Here’s a region-by-region guide to renewable energy supply in the recent past
In the first half of 2025, humanity generated more electricity from renewables than from coal for the first time ever. What led to it? It was possible only because of two decades of falling solar panel prices, taller wind turbines, and governments finally treating clean power like an economic...
$11.5b Adani-IRH aluminium project set to strengthen Odisha’s aluminium value chain
Odisha has handed over more than 7,000 acres of land for the Adani Group-International Resources Holding (IRH) joint venture’s proposed USD 11.5 billion integrated aluminium complex. This covers planned alumina refining, aluminium smelting and downstream manufacturing facilities across Sundargarh...
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Scholz completes sale of aluminum, stainless steel business
The Scholz Holding GmbH has announced the sale of its aluminum and stainless steel business. The scrap metal company, based in Essingen, Germany, had earlier announced plans to sell off the businesses that it considered noncore assets as a step in the process to realign and restructure the company....
Vedanta Resources Plc eyes new bauxite deposits in Odisha
Vedanta Resources Plc, a London-listed mining giant, would explore new deposits of iron-bauxite in Odisha to feed its Lanjigarh refinery. The move is seen as initiative by the company to acquire the raw material required for aluminium producing after the Niyamgiri fallout where Vedanta Resources...
Aluminium down 0.29% on global cues
Aluminium prices fell by 0.29% to INR 121.95 per kg in futures trade today as speculators trimmed positions amid a weak global trend. At the Multi Commodity Exchange, aluminium for delivery in July shed 35 paise, or 0.29%, to INR 121.95 per kg in a business turnover of 258 lots. Likewise, the metal...
Panel to decide on aluminium supply to downstream units
The Odisha government has formed a five-member committee to decide the modalities of supply of molten aluminium to the upcoming downstream units in the aluminium park at Angul. The committee would consist of chairman and managing directors of Odisha Industrial Infrastructure Development Corporation...
SMM sees little immediate impact on Chinese alumina producers from Indian bauxite export duty hike
The Indian government’s decision to double the bauxite export duty to 20% will push up production costs for Chinese alumina producers in the long run, but the immediate impact will be limited as Chinese producers have already built up sizable stockpile, Shanghai Metals Market understood. China’s...
Bauxite imports surge in China
China saw imports of bauxite jump nearly 40% last month, but the figure was still well down on pre-Indonesian ban highs. The world’s largest importer of the aluminium making ingredient imported 2.9mt of bauxite in June, according to shipbroker SSY. While it is a significant increase on previous...
Vedanta increases its shareholding in Sesa Sterlite to 57% in quarter to June
London-based holding company Vedanta Resources increased its shareholding in metals and mining firm Sesa Sterlite by two percentage points to 57% in the quarter to June as it bought nearly 6.5 crore shares for about INR 1,700 crore. Analysts said the timing of the transactions, soon after the...
“There is no dearth of knowledge and expertise in our country to develop the indigenous technologies for aluminium, alumina and downstream sector.” Mr. Anupam Agnihotri, Director, JNARDDC
AlCircle had the opportunity to visit Jawaharlal Nehru Aluminium Research Development and Design Centre, Nagpur, India and interact with its Director Mr. Anupam Agnihotri during the 18th International Conference on Non-Ferrous Minerals and Metals’14 organized by Corporate Monitor and JNARDDC....
Aditya Aluminum organizes Mega SHG Convention
Aditya Aluminium, (an Aditya Birla Group Company) has organized a Mega SHG (Self Help Group) Convention on 18th July at its plant location at Lapanga in Sambalpur district. A total of 36 SHGs comprising of 410 members have joined the convention. Women Empowerment was the main objective of the...
Hindalco plans share sale to raise INR 5,000 crore
Hindalco Industries Limited, the metals flagship company of the Aditya Birla Group and a global leader in aluminium and copper, on Friday announced plans to raise up to INR 5,000 crore ($829.5 million) through sale of shares to institutions or through other options. Hindalco Industries Ltd today...
Nalco exploring coal block in 'friendly' African nations
National Aluminium Company (Nalco) today said it plans to acquire a coal mine in an African country, which shares a friendly bilateral relation with India. “We will like to have a coal mine in an African nation provided it has a better relationship with India,” said Ansuman Das,...
Anti-mining activists fear bauxite mining may resume in the West Coast
Attention maybe turned to exploration of bauxite ore after opening floodgates to greater private participation in coal mining by the National Democratic Alliance Government. The mining lobby, which was lying low for quite sometime after the UPA-II put in abeyance all clearances accorded to bauxite...
Bauxite tax might force Indian aluminum players to sell domestically
Local aluminum players claim to always have shortages of the mineral but the major bauxite players are keen to export it because of the lucrative international prices. Now, with a 20 percent tax, it will become more expensive to export bauxite, thus adding capacity to domestic aluminum production....
“Slow growth in Mining Sector retarding industrial growth in India,” Anshuman Das, CMD, Nalco
“The significance of mining sector is determined not by the amount of mineral resources it generates in a country but by the amount of catalytic input it gives towards driving the economy of the country,” said Anshuman Das, chairman-cum-managing director of Nalco during the 18Th International...
Govt appoints two firms to manage Balco stake sale
The Union finance ministry’s department of disinvestment has appointed independent valuation firm American Appraisal Associates Inc. and merchant banking firm Resurgent India to manage the government sale of its stake in Bharat Aluminium Co. Ltd (Balco), American Appraisal said in a press...
Aziana shares lift on bauxite and graphite
Aziana shares have jumped up to 65% today to an intraday high of $0.033, from a $0.02 close yesterday. Shares last traded at $0.03. After today's rise the company is capitalised at around $6 million and holds almost $3 million in cash following the sale of non-core graphite and gold leases in...
Hindalco Industries hits 52-week high
Hindalco Industries rose 2.42% to Rs 186.05 at 12:29 IST on BSE, with the stock extending gains triggered by a foreign brokerage upgrading the stock to buy from underperform. Meanwhile, the S&P BSE Sensex was almost unchanged at 25,550.95. On BSE, so far 6.93 lakh shares were traded in the counter...
AAI Seminar on Aluminium in Building and Construction concludes successfully
With a view to encourage increasing use of aluminium metal in growing buildings / architecture, construction industry and to make sincere efforts in creating awareness amongst public the need to use more aluminium in Buildings, Aluminium Association of India (AAI), an apex body of all aluminium...
