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...
Grow with
AL Circle
Aluminium prices fall by 0.9% on global cues
Aluminium prices fell by 0.97% to INR 106.65 per kg in futures trading today after speculators trimmed their exposures amid a weak global trend. At the Multi Commodity Exchange, aluminium for delivery in January declined by Rs 1.05, or 0.97% to INR 106.65 per kg in business turnover of 505 lots....
Nalco Q3 profit reports a leap of 10%
National Aluminium Company Ltd (NALCO) has reported a rise of 10 per cent in net profit at 21 million dollar (approx.) for the 3rd quarter ended Dec 31st. The Orissa based Navratna PSU had posted a net profit of 19 million dollar (approx.) during the corresponding quarter of the last fiscal year....
Sesa Sterlite’s Q3 profit beat the estimates
Sesa Sterlite Ltd, India’s biggest zinc and aluminium maker, beat Q3 earnings estimates as metal and oil output rose. Billionaire Anil Agarwal’s company said it will focus on reducing debt. Net income was Rs.18.7 billion in the three months ended 31 December, the Panaji, Goa-based unit of Vedanta...
India considers anti-dumping duty on Korean, Chinese & Thai alloy wheels
Indian Government is considering anti-dumping duty on some types of aluminium alloy wheels imported from Thailand, Korea and China to protect domestic manufacturers from cheaper imports. In its initial findings, the Directorate General of Anti-dumping and Allied Duties (DGAD) has recommended import...
NALCO to announce Q3 results on Jan 29, 2014
A meeting of the Board of Directors of National Aluminium Company Ltd will be held on January 29, 2014, to take on record the Unaudited Financial Results of the Company for the quarter ended December 31, 2013 (Q3). Shares of National Aluminium Company Ltd was last trading in BSE at Rs.36.95, up by...
Permission sought on using Sterlite Energy for Vedanta's aluminium smelter
The Energy Department has sought the views of Gridco, the power trading utility of the State, on the issue of granting permission to the Vedanta Aluminium and Power to use power from Sterlite Energy. This is in response to Vedanta Group’s request to the State Government for using 600 MW power from...
Vedanta urges Odisha government to provide lease of laterite mines soon
Continuing its frenzied efforts to secure alternate bauxite supplies, Vedanta Aluminium Ltd (VAL) has urged the Odisha government to fast track its applications for three small laterite deposits in Koraput district for mining lease by the end of this month. VAL’s urgency to secure alternate raw...
Nalco's search for foreign smelter site starts again
Amid a continuous rise in energy costs, persistent low aluminium prices are leading producers in the US and Europe to mothball high-cost smelters. Some are also reducing the amperage used in smelter pots to restrict metal production. Despite India sitting on electricity-generating coal resources of...
Lack of Bauxite, AnRak Aluminium Ltd's aluminium plant seems to be in danger
AnRak Aluminium Ltd's aluminium refinery and smelter that has come up at Rachapalle in Makavarapalem mandal, nearly 70 kms from the city seems to be in trouble. Despite being completed over a month and a half ago at a cost of around Rs 4,500 crore, the 1.5 million tonne per annum capacity plant...
Primary Indian aluminum sees small decrease
The day’s biggest mover was the cash price of primary Indian aluminum which dropped by 1.8 percent on Tuesday, January 14. At $1,762, the aluminum 3-month price finished the market day on the LME up 0.1 percent per metric ton. On the LME, the primary aluminum cash price showed little movement on...
Chinese aluminum billet drops 4.5% after flat spell
Weakening prices ended a three-day flat streak as the price of Chinese aluminum billet fell 4.5 percent on Wednesday, January 15. The cash price of Chinese aluminum reached a 30-day low after decreasing 2.9 percent. The price of Chinese aluminum bar saw essentially no change for the fifth day in a...
Tribal people seek complete closure of Lanjigarh alumina refinery
The Niyamgiri Surakshya Manch (NSS) has demanded that the Lanjigarh alumina refinery of the Vedanta Alumina Limited (VAL) in Kalahandi district be completely closed. The demand was made at a public meeting organised in Munikhol of Muniguda block in Rayagada district on Thursday to mark the success...
Aluminium futures rise on spot demand, global cues
Aluminium prices went up by 0.32 per cent to INR 108.15 per kg in futures trade today as participants enlarged their positions, supported by a firming trend overseas. Further, strong demand in the spot markets also influenced metal prices. At the Multi Commodity Exchange, aluminium for delivery in...
No preference to Vedanta in Hindustan Zinc, Balco stake sale
Vedanta group, the owner of Hindustan Zinc Ltd. (HZL) and Bharat Aluminium Co. Ltd. (Balco), will not get any preference when the government auctions its residual stake in the two companies in this financial year, a top government official said. There is no legal hurdle in the sale of the residual...
Ministry of Environment rejects Vedanta’s Bauxite mining project at Niyamgiri
In a major setback to Anil Agarwal-promoted Vedanta Resources, the Ministry of Environment and Forests has turned down its proposal for bauxite mining at Niyamgiri hills in Odisha. Vedanta wanted to mine bauxite from Niyamgiri to feed its Rs 5,000-crore Lanjigarh alumina refinery in Odisha. “We...
Vedanta's Lanjigarh refinery hopes to run despite mining ban
On January 8, the proposal for providing the second round of forest clearing for Orissa Mining Corporation (OMC, which has a tie-up with Vedanta Aluminium for supplying Bauxite) was rejected by the environment ministry. OMC had proposed to get the forest cleared for mining ore in Lanjigarh reserve...
“Indian market offers a lot of potential for aluminium extrusions.The real challenge is to convert these potential into real business.” Mr.Kshemendra Nath, MD, Sapa Profiles India.
AlCircle team had the pleasure of meeting Mr. Kshemendra Nath, Managing Director, Sapa Profiles India Ltd during Zak Aluminium Extrusion Expo in Mumbai in December 2013. The Sapa Group, a joint venture owned equally by Orkla ASA and Hydro AS is the world’s largest manufacturer of aluminum...
Residual stake sale in Balco gets Law Ministry’s nod
The decks have been cleared for selling the Government’s remaining stake in aluminium major Balco with the Law Ministry giving its nod to the proposal. The stake sale is expected to generate up to Rs 4,000 crore in the current fiscal. A note prepared by the Law Ministry, seen by Business Line,...
