Uno Minda plans INR 14.15bn capex as aluminium casting capacity jumps 162%
Uno Minda is set to invest around INR 14.15 billion (USD 147.51 million) across four manufacturing expansion and consolidation projects, with a major portion of the spending directed towards increasing its aluminium casting capacity in Hosur, Tamil Nadu. The automotive components maker plans to...
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...
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Collector issues guidelines for bauxite mining trucks in Goa, India
South Goa collector N D Agrawal has issued an order with regards to regulating the movement of bauxite laden trucks from Shakti Bauxite mine at Naquerim, Betul, to the MPT harbour in Vasco. The order mandates that "one truck shall be allowed to come out from the mine in two minutes, in other words,...
India’s Nalco sells 6,000 tonnes of aluminium at $229/t premium
India’s National Aluminium Co (Nalco) sold 6,000 tonnes of aluminium ingot in a tender at a premium of $229 per tonne over the LME cash price on a cif Singapore basis, according to two trader sources familiar with the deal. The company’s tender was for delivery of 1,500 tonnes per month from...
Cash Price of Aluminum Falls 2.2% for the Week
Closing at $1,746 per metric ton on the weekly Aluminum MMI®, the cash price of primary aluminum finished as the week’s biggest mover with a 2.2 percent decline on the LME. Following a 2.0 percent drop on the LME, the aluminum 3-month price finished the week at $1,794 per metric ton. The Indian...
Vedanta may operate Odisha refinery at full capacity from December
Vedanta Aluminium Ltd, part of the London-based Vedanta group, is likely to operate its refinery in Lanjigarh, Odisha, at full capacity from December, after a year marked by low utilisation and a shutdown. S.K. Roongta, Vice-Chairman and head of Vedanta group’s aluminium and power businesses, told...
NALCO Q2 profit after tax expected to rise upto INR 146.4 crore
National Aluminium Company (NALCO) will declare its second quarter (July-September) results today. Analysts expect strong improvement in operational performance during the quarter on account of lower base in a year ago period, but topline may shrink on lower volumes. According to a CNBC-TV18 poll,...
Highlights: Metal Bulletin’s 3rd alumina and bauxite conference
Metal Bulletin’s 3rd alumina and bauxite conference which has recently concluded in Singapore highlighted the following topics: 1. Challenges remain for Indonesia in implementing its proposed ban on exports of raw materials. Among them are dealing with the interests of local power centres who issue...
Alternative bauxite supplies continue to elude Vedanta
Vedanta Aluminium Ltd's (VAL) hope to source bauxite from Sijimali and Kutrumali mines in south Odisha's Rayagada and Kalahandi districts has hit a legal roadblock. Engineering giant L&T had originally obtained prospecting license (PL) over the two deposits. The grant of ML was expected to come to...
NALCO to announce Q2 results on Nov 11, 201
A meeting of the Board of Directors of National Aluminium Company Ltd will be held on November 11, 2013, to take on record the Unaudited Financial Results of the Company for the quarter ended September 30, 2013 (Q2). Shares of National Aluminium Company Ltd was last trading in BSE at Rs.35.65, down...
Coal shortage to hit Hindalco hard
Lack of adequate coal supply may hit Hindalco Industries’ expansion plans. In some locations, the company may have to pay $300 per tonne extra for acquiring coal from the open market resulting in erosion of its profits significantly. In some others, the company may have to re-evaluate its...
Metal Bulletin conference highlights challenges for sourcing bauxite for Indian alumina refineries
Two alumina refineries located in the Eastern Ghats mountains in India are not able to mine their nominated bauxite deposits as a result of forest and tribal issues, Dr Ashok Nandi, secretary of International Bauxite, Alumina and Aluminium Society said on Thursday October 31. Vedanta’s 1-million...
“An online platform for the aluminium industry can help to get in touch with new customers”: Louis Bouchard, General Manager, STAS Inc.
STAS, a world leader in design and fabrication of equipment for the aluminium industry participated in Aluminium India 2013 Exhibition from September 12 to 14 in Mumbai, India. As a media partner and exhibitor, Team AlCircle had an opportunity to interact with Mr. Louis Bouchard, General Manager,...
BMW to launch i3 electric car with aluminium rolling chassis
BMW will launch the electric i3 in India next year. The car which is powered by a 125kw motor run by lithium-ion batteries has a range of about 150km on a single charge. The i3 is also the first car to roll out under BMW's new sub-brand BMW i. BMW i has been created specifically for vehicles that...
Alba appoints new manager for Workshop & Maintenance Services
Aluminium Bahrain B.S.C. (Alba)'s Chief Executive Tim Murray announced the appointment of Gopichand Talreja as the new Manager of Workshop & Maintenance Services. Mr. Talreja has been with Alba since 1992 when he joined the planning section of the Carbon Maintenance Department during the Line 4...
Aluminium up 0.7% on global trends
Aluminium prices today edged higher by 0.71% in futures trade mostly in line with a firming trend in the global markets. Besides, increased demand at domestic spot markets also influenced prices. At the Multi Commodity Exchange, aluminium for delivery in October rose by 80 paise, or 0.71%, to INR...
Chinese demand sees alumina spot sales rise
Metal Bulletin’s fob Australia alumina index settled at $320.92 per tonne on Friday October 25, from $321.22 previously, as spot activity ramped up with deals mainly into China. The majority of volume went at $322 per tonne, with one producer selling two large shipments into China at that level....
ALEXASIA 2013 meet concluded successfully in Mumbai on 19th Oct
ALEXASIA 2013 meet was organised by Arkey Conference Service Cell from 17th Oct to 19th Oct at Nehru Centre Mumbai. Two concurrent International Conferences, one about Aluminium Extrusion Technology and other about Gravity Die Casting Technology also took place during the event. Dr. M. Nilmani,...
India’s Nalco sells 3,000 tonnes of aluminium at $227/t premium
India’s National Aluminium Co (Nalco) sold 3,000 tonnes of aluminium ingot in a tender at a premium of $227 per tonne over the LME cash price on a cif Singapore basis, according to two trader sources. The company’s tender was for delivery of 500 tonnes per month from November to April, a trader...
Collector lifts ban on bauxite transportation
South Goa collector N D Agrawal on Friday revoked the suspension of transportation of bauxite ore from Nakeri-Betul to the MPT following a clarification from department of mines and geology that the Supreme Court ban on mining does not extend to bauxite mining. Agrawal on Thursday had directed the...
