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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Private mining company asked to provide mining details
The deputy director office of geology and mining on Wednesday issued a notice to Kolhapur firm Swati Minerals to provide the details of mining activities in Udgiri in Shahuwadi taluka. The company has not provided the records and necessary documents of the mining activity despite the office order...
Aluminium wheels industry to grow at 8.48%
The global automotive aluminium wheels industry will grow at a CAGR of 8.48% over the period 2012-2016, says a new report. One of the key factors contributing to this market growth is the increasing demand for vehicles across the world. The global automotive aluminium wheels industry has also been...
Mega Aluminum park by NALCO & Odisha to boost MSME sector in Odisha
A seminar-cum-buyer seller meet & ancillary development programme held on the 6th day of Odisha MSME International Trade Fair hosted a number of representatives from various corporate and PSUs like NALCO, NINL, PPT, HCL, RSP-SAIL. Speakers present in the seminar urged the PSUs to come forward and...
Primary Indian aluminum shifts up
The Indian aluminum cash price saw a 1.4 percent increase on Friday, January 3, making it the biggest mover for the day. Declining prices continue for the cash price of primary aluminum on the LME. It closed at $1,755 per metric ton only after falling further, this time by. On the LME, the 3-month...
NALCO appoints new Director of Finance
K.C. Samal has assumed the office of Director (Finance) at National Aluminium Company Limited (NALCO) on 3rd January 2014. Prior to this assignment, he was working as the Executive Director (Finance) of the company. A fellow member of Institute of Cost Accountants of India, Shri Samal has...
Excess supply to keep aluminium price on leash
The aluminium sector in India is in a slowdown phase. Data from the World Bureau of Metal Statistics shows that aluminium consumption in India declined by 22 per cent in 2013 (till October) compared with an increase of 7.2 per cent and 6.4 per cent in 2012 and 2011 respectively. The metal’s...
2013 marked several milestones for BALCO
The Bharat Aluminium Company Ltd (BALCO) has achieved several key milestones during 2013 and received awards for productivity, quality, human resource management and other areas at different forums, the company said in a Press release on Saturday. Its plant received National Award for Excellence in...
Amtek India acquires Germany's Kuepper Group
Amtek India is acquiring substantial stake in Germany based Kuepper Group for an undisclosed amount , the company said in a filing with BSE. However a piece in ET states the acquisition price to be at EUR 200 Mn. The company would be floating an SPV for the purchase and financing will be through...
Vedanta seeks CM approval to run smelter facility
Vedanta Aluminium Ltd (VAL) has sought the state government's approval to run its smelter unit at Jharsuguda and use 600 MW power from Sterlite Energy. The company's chairman, Anil Agarwal, has written to chief minister Naveen Patnaik in this regard recently, official sources said. "We have set up...
Collector cracks the whip on illegal mining in Maharastra, India
Kolhapur police on Thursday arrested four drivers for allegedly transporting bauxite without proper permits, following a complaint from the district administration about illegal mining in the mineral-rich district. The police said that the owners of the concerned mines will also be grilled if found...
Aluminium moves up 0.73 pc in futures trade on spot demand
Aluminium prices moved up by 0.73 per cent to INR 110.90 per kg in futures market today as speculators enlarged positions on the back of increased demand from consuming industries in the spot market. At the Multi Commodity Exchange, aluminium for delivery in January moved up by 80 paise, or 0.73...
Rally against bauxite mining in Orissa, India
Activists of Gandhamardan Surakhya Yuba Parishad (GSYP), which spearheaded the ‘Oust BALCO’ movement in 1980s, pledged not to allow bauxite mining in Gandhamardan hill range at a public meeting organised to celebrate its 30th annual day on Wednesday. The celebration began in the form of a torch...
Aluminium rises by 0.3% on spot demand
Aluminium prices edged up by 0.32% to INR 110.45 per kg in futures trade today as participants enlarged their positions, supported by a firming trend at spot markets on strong demand. At the Multi Commodity Exchange, aluminium for delivery in January inched up by 35 paise, or 0.32%, to INR 110.45...
India aluminium futures may trade 110-113.6 range
Aluminium settled up at 111.35 rallied as signs of a strengthening US economic recovery prompted traders to buy industrial metals. Manufacturing in the U.S. continued to expand this month, a separate survey showed before data on Jan. 2. The nation ranked second globally after China among consumers...
Orissa assures Vedanta of leasing laterite deposits for its alumina refinery in Orissa
The Orissa government has assured Vedanta Aluminium of leasing laterite minerals, which will help the company run its 1-million-tonne alumina refinery at Lanjigarh in Orissa’s Kalahandi district. The state government has agreed to lease out laterite deposits in Rayagada and Koraput districts to VAL...
Aluminium up 0.1% on spot demand, short-covering
Aluminium futures prices rose by 0.14% to INR 109.70 per kg today as speculators covered up their short positions on rising demand in spot markets even as metal weakened in the global markets. At the Multi Commodity Exchange, aluminium for delivery in current month up by 15 paise, or 0.14%, to INR...
Ess Dee Aluminium bags two awards at National Quality Convention
Ess Dee Aluminum, one of the country's leading aluminum foil manufacturers, has bagged two awards in National Concept on Quality Convention. The event was held in Durgapur from December 20 to 23, 2013 and attracted more than 1,200 teams and 5,000 participants from across the country. "We are proud...
No brighter outlook for Indian metal companies in 2014
Subdued domestic demand due to a poor investment cycle, the coming general elections in India and important developments in the global markets are expected to keep the excitement out of metal companies for most of 2014, analysts and industry officials say. With general elections a few months away...
