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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Utkal Alumina expects one million tonne alumina output in FY15
Utkal Alumina International Limited (UAIL), a subsidiary of Aditya Birla Group owned Hindalco Industries, is looking at alumina production of one million tonne in 2014-15 from its refinery at Kashipur in south Odisha's Rayagada district. The refinery commenced operation six months back and it...
IBAAS conference to take place during November 27-29, 2014 in Visakhapatnam, India
“International Bauxite, Alumina & Aluminium Society (IBAAS) in association with CHALIECO, China and JNARRDC, India is organising an International mega event during November 27-29, 2014 in Visakhapatnam, India. The topic of this 3 days conference is “Technological Improvements & Market Developments...
Odisha government may reject Vedanta's plea to use IPP power for smelter
The Odisha government is unlikely to consider the plea of Vedanta Aluminium Ltd (VAL) to use power generated by Sterlite Energy Ltd, also a Vedanta Group firm, to run its smelter complex at Jharsuguda. The company had argued that since Odisha had turned power surplus, sparing 600 Mw out of...
India imposes provisional anti-dumping duty on aluminum alloy wheels from China
India’s Department of Finance said it would impose a provisional anti-dumping duty of $1.37-2.15 per kilogram on aluminum alloy wheels made in China, South Korea and Thailand for six months starting April 11, according to China’s Ministry of Commerce. India launched anti-dumping probe on aluminum...
Aluminium down 0.3% on global cues
Aluminium prices fell by 0.35% to INR 113.80 per kg in futures trading today, largely in tune with a weakening trend in the global markets on demand concern. Further, subdued demand in the domestic spot markets also weighed on the metal prices. At the Multi Commodity Exchange, aluminium for...
Hindalco Industries hits 52-week high as Alcoa earnings beat estimates
Hindalco Industries advanced 4.23% to INR 142.95 at 10:45 IST on BSE after Alcoa Inc reported quarterly earnings that beat analysts' expectations on Tuesday, 8 April 2014. Meanwhile, the S&P BSE Sensex was up 96.02 points or 0.43% at 22,439.47. The stock market was closed on Tuesday, 8 April 2014...
3rd IBAAS International Symposium to be held in Visakhapatnam from 27-29th November
The third IBAAS International Symposium, to be held in Visakhapatnam, Andhra Pradesh, India during November 27-29, 2014 is conjointly organized by IBAAS, CHALIECO and JNARDDC. The title of IBAAS – 2014 symposium is “Technological Improvements & Market Developments inAluminium Industry with Special...
Aluminium futures softens by 0.68 pc on sluggish demand
Aluminium prices softened by 0.68 per cent to INR 109.65 per kg in futures market today as speculators reduced their positions, driven by sluggish demand in the spot market. At the Multi Commodity Exchange, aluminium for delivery in May declined by 75 paise, or 0.68 per cent to INR 109.65 per kg in...
Aluminium futures rise on global cues, spot demand
Aluminium prices edged up by 0.18 per cent to INR 109.80 per kg in futures trade today as participants enlarged their positions, supported by a firming overseas trend. Further, strong demand in the spot markets also influenced metal prices. At the Multi Commodity Exchange, aluminium for delivery in...
Indian Aluminium weakens 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...
VHCL Industries to demerge Metal Division for raising funds
The Board of Directors of VHCL Industries Ltd at its meeting held on Monday, March 31, 2014, decided to consider the possibility of de-merging the Metal Division of the company into a separate entity in order to invite industry specific investment as well as unlock shareholder value. The metal...
Aluminium futures weaken on global cues
Aluminium prices fell 0.56 per cent to INR 105.65 per kg in futures trading today as speculators reduced their positions amid weak global cues. Besides, subdued demand in the domestic spot markets also weighed on the metal prices. At the Multi Commodity Exchange, aluminium for delivery in April...
Nalco Mines receives environmental award
Panchapatmali Bauxite Mines of Navratna PSU National Aluminium Company Limited (NALCO), located in Koraput district of Odisha, has bagged awards at concluding ceremony of 16th Mines Environment & Mineral Conservation Week (MEMC) – 2013-14, held at Bhubaneswar, yesterday. Panchapatmali Bauxite Mines...
Indian Aluminium trades at lower level on global cues
Aluminium prices fell 0.19 per cent to INR 103 per kg in futures trading today as speculators reduced exposure amid weak global trend. At the Multi Commodity Exchange, aluminium for delivery in March declined by 20 paise, or 0.19 per cent, to INR 103 per kg in business turnover of 17 lots....
Aluminium prices to remain low in near-term: ICRA
Prices of aluminium and other non-ferrous metals will remain low in near-term due to the muted demand on the back of uncertain macro-economic environment prevailing globally, ICRA said. "While prospects for the western economies have improved, concerns regarding slower growth of Chinese economy,...
Odisha to sign fresh MoU with Sesa Sterlite
The Odisha government is taking steps to sign a fresh Memorandum of Understanding (MoU) with Sesa Sterlite Ltd, after the merger of Vedanta Aluminium Ltd (VAL) with it. The move comes after the state law department advised the industries department to substitute the earlier MoU with a fresh one...
Aluminium futures up 0.20 per cent on firming overseas trend
Aluminium prices edged higher by 0.20 per cent to INR 102.10 per kg in futures trade today as speculators enlarged positions amid a firming trend overseas. Besides, increased demand at domestic spot markets also influenced the prices. At the Multi Commodity Exchange, aluminium for delivery in March...
Amtek Auto shares up 8.58% as company announces 25% dividend
Delhi-head quartered auto components major Amtek Auto has announced a 25% dividend for its shareholders at the AGM held on Monday. In a notification to the stock markets, Amtek Auto informed that the board declared "a dividend Rs 0.50 per equity share of face value Rs 2 each." The AGM also saw the...
