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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Centre sanctioned Aluminium Park at Odisha's Angul at a cost of around INR 125 crore
The Union Government has sanctioned the State’s much-awaited proposal for establishment of an Aluminium Park at Angul at a cost of around INR 125 crore. The project is expected to attract investment worth INR 500 crore in the initial phase, said an Industries Department official. The apex committee...
Aluminium low by 0.3% amid a weak trend
Prices of aluminium futures fell by 0.31% to INR 113.10 per kg on 10th June as speculators trimmed their positions amidst a weak trend in aluminium at LME. At the Multi Commodity Exchange, in July, aluminium for delivery fell by 0.31% or 35p to INR 113.10 per kg and that resulted in a total...
UC RUSAL sees strong factors supporting bullish trends in aluminium
UC RUSAL, a leading global aluminium producer, presents its overview of the aluminium market trends. A number of influential factors that have emerged in recent weeks cause the Company to become increasingly bullish about the near term prospects for the aluminium price and UC RUSAL believes a...
Siemens Ltd enters an agreement with Mitsubishi-Hitachi to transfer Metals Technologies Business
Siemens AG, Germany has made an agreement with Heavy Industries and Mitsubishi-Hitachi Metals Machinery, Inc for a joint venture to operate metallurgical business industry as a complete provider of products, plant and services for aluminium industry. In accordance to this, the Board of Directors...
Hindalco Industries orders continuous homogenizing and sawing plant
Hindalco Industries, based in Madhya Pradesh/India, has placed an order with Hertwich Engineering for a continuous homogenizing and sawing plant for extrusion billet. With the continuous homogenizing plant, perfectly uniform metallurgical properties of all billets are achieved due to precise and...
Shree Narmada Aluminium industries reported total profit of INR 0.48 crore in March 2014 quarter
Shree Narmada Aluminium Industries’ net profit reported to INR 0.48 crore in March 2014 quarter against the net loss of INR 0.06 crore in the last quarter that ended on March 2013. The sales of the company declined to 49.44% (0.90 crore) in 2014 March quarter in comparison to INR.1.78 crore in the...
Hind Aluminium standalone Mar '14 sales at INR 82.68 crore
Hind Aluminium Industries has reported a standalone sales turnover of INR 82.68 crore and a net profit of INR 0.46 crore for the quarter ended Mar '14. Other income for the quarter was INR 1.08 crore. For the quarter ended Mar 2013 the standalone sales turnover was INR 104.97 crore and net profit...
Bhoruka Aluminium reports March 2014 quarter and full year results
Bhoruka Aluminium reported a net loss of Rs 0.22 crore in the quarter ended March 2014 compared to the net loss of Rs 4.33 crore during the previous quarter that ended in March 2013. During March quarter 2014, total sales also came down 99.73% to Rs 0.03 crore as against Rs 11.08 crore during the...
Vedanta hopeful of using IPP power for smelter
Anil Agarwal controlled Vedanta Resources Ltd said it is hopeful of getting the Odisha government’s nod to use power from group owned Sesa Sterlite’s 2400 Mw coal based plant to run its aluminium smelter complex at Jharsuguda. “We have 3,600 Mw power generating capacity at Jharsuguda (including...
Nalco shares weakens after fourth quarter net drops by 30%
Nalco (National Aluminium Company Ltd)’s shares were trading above 2% at Rs.50 after the company had reported a 30% fall in the net profit at Rs.172 cr for March 31 quarter due to low income and increase in the expense. The company had already shown a total profit of Rs.246 cr last year in the same...
Alcoa Expands in Indiana to capture growing aerospace demand for advanced jet engine parts
Leading aerospace manufacturer Alcoa (NYSE: AA) today broke ground on its state-of-the-art, $100 million aerospace expansion in La Porte, Indiana where it will produce nickel-based superalloy jet engine parts. The new 320,000-square-foot facility will expand Alcoa’s reach from structural engine...
In post-Modi era, Japanese industrial zone first project to take off in state
In a major development on the industrial front in Gujarat, the state’s exclusive Japanese industrial estate will be launched in the first week of June, when the first manufacturing unit from the land of the rising sun lays the foundation stone at Vithalapur, located about 95 kilometers north-west...
SMM’s Analysis of bauxite imports in April 2014
China imported a total of 1.58 mn mt of bauxite in the month of April, down by 76.59% YoY. China Customs said, YTD imports through the month of April were 14.47 min mt, down by 29.92% YoY. There was no information about Indonesian bauxite arriving in China in April and Australian bauxite imports...
Imports and Exports data analysis of SMM alumina in April 2014
In the month of April, China imported a total of 595,900 mt of alumina, a rise of 85.43% since last year. YTD imports totaled 2.08 mn mt in April and were up by 53.34% YoY. The increase in the total volumes of import was driven by other countries except Australia. China imported 199,700 mt of...
Ess Dee Aluminium ties up with Chemnitz University
Ess Dee Aluminium, the Mumbai-based specialist in primary packaging for FMCG and pharma, has entered into a technical collaboration with the Chemnitz University, Germany, to develop innovative packaging solutions for pharmaceutical and food industries. The collaboration was signed by Sudip Dutta,...
NALCO to announce FY14 results on May 28, 2014
A meeting of the Board of Directors of National Aluminium Company Ltd will be held on May 28, 2014, to consider the audited financial results of the Company for the quarter and year ended March 31, 2014 and to consider recommendation of final dividend, if any. Shares of NATIONAL ALUMINIUM CO.LTD....
Aluminium up 0.29% on global cues, spot demand
Aluminium prices went up by 0.29 per cent to INR 104.65 per kg in futures trade today as participants strengthened their positions, supported by an upward trend overseas. Further, strong demand in the spot markets also influenced metal prices. At the Multi Commodity Exchange, aluminium for delivery...
Aluminium futures weaken on global cues
Aluminium prices fell by 0.23 per cent to INR 109.55 per kg in futures trading today as speculators reduced their positions amid weak global cues. Further, subdued demand in the domestic spot markets also weighed on the metal prices. At the Multi Commodity Exchange, aluminium for delivery in May...
