September purchases take Eskay Aluminium’s Sacheta Metals holding to 132,310 shares
Eskay Aluminium Pvt Ltd has obtained 881 shares of Sacheta Metals Ltd through an open-market transaction, taking its total holding in the aluminium company to 132,310 shares. The acquisition was completed on September 8, 2026, and disclosed under Regulation 29(2) of the SEBI (Substantial...
NALCO picks EGA’s DX+ Ultra for 0.5 MTPA Angul aluminium smelter expansion
National Aluminium Company Limited (NALCO) has signed a Technology Licensing Agreement with Emirates Global Aluminium (EGA) to deploy EGA’s UAE-developed DX+ Ultra aluminium smelting technology at its proposed 500,000 tonnes per annum (MTPA) brownfield smelter expansion at Angul, Odisha. The...
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Hindalco reports record-high 73% aluminium upstream EBITDA hike in Q3 FY25
Hindalco Industries, the flagship metal-driven business of the Aditya Birla Group, has reported a strong 60 per cent surge in its consolidated net profit for the December quarter (Q3 FY2025). The company's net profit reached INR 3,735 crore (USD 450 million), up from INR 2,331 crore (USD 279.72...
NALCO sets the bar high with 3-fold increase in net profit and 39% revenue boost in Q3 FY25
National Aluminium Company Ltd (NALCO), an Indian public sector company with integrated and diversified operations in mining, metal and power, has reported a remarkable 232.83 per cent year-on-year surge in net profit, reaching INR 1,566.3 crore (USD 180 million) for the third quarter, compared to...
November records a strong monthly surge of 12.64% in US aluminium scrap exports with Thailand bagging the top position
The United States is one of the leading aluminium scrap exporters in the world. As per the United States Geological Survey (USGS) data, in November 2024, a total of 196,000 tonnes of aluminium scrap was exported from the US, which, when compared to Y-o-Y, reflected a significant surge of 20.24 per...
NALCO raises concerns over 25% US aluminium tariffs: where will India’s export go next, and how will the market cope with surplus?
Following Donald Trump's firm statement —"No exemptions, no exceptions" on a 25 per cent tariff on imported aluminium and steel on Tuesday, February 11—India’s state-owned National Aluminium Company Limited (NALCO) has come up with valuable insights into the potential impact on global price trends....
Foundry fraternity unites at Kolkata for the spectacular IFEX 2025 & 73rd Indian Foundry Congress
The Eastern regional wing of the Institute of Indian Foundrymen (IIF) has hosted the 73rd Indian Foundry Congress concurrently with the Indian Foundry Exhibition IFEX 2025. The event was held in Kolkata’s Biswa Bangla Mela Prangan between February 9, 2025, and February 11, 2025, and welcomed...
Global voices converge at MRAI'S 12TH IMRC conference 2025
Setting the stage for transformative discussions, Sanjay Mehta, President of MRAI, passionately advocated for the power of individual action. Inspired by Honorable Prime Minister Narendra Modi's Mission LiFE (Lifestyle for Environment), he emphasised, "LiFE is about becoming 'Pro-Planet People.'...
Japan’s aluminium market in 2024: Rising imports, falling domestic demand
Japan’s aluminium industry in 2024 has been a tale of two contrasting trends—rising primary aluminium imports but weakening domestic demand. While imports grew by 1.9 per cent to 1.05 million tonnes, domestic consumption continued to decline, especially in key sectors such as construction and...
India: NALCO raises primary aluminium ingot prices by INR 6,700/t ($76/t); Hindalco, Balco raise aluminium ingot prices by up to INR 3,750/t ($42/t)
NALCO, one of India's leading mining and metals companies, raised the prices of its primary aluminium ingots (P1020, 99.7 per cent) by INR 6,700/t ($76/t) on February 7, 2025. Current prices are at INR 271,600/t ($3,141/t) compared to INR 264,900/t ($3,029/t) on January 24, 2025. Prices are...
Premier Energies reports stellar Q3 results with 12.2% sequential growth in topline and a 35% surge in EBITDA
Premier Energies Ltd. announced its quarterly results for the period ending December 31 after market hours on Monday, February 3. The company demonstrated a significant improvement in its financial performance, with key highlights including a 12.2 per cent sequential growth in topline and a 35 per...
What happened in India's secondary aluminium industry in Jan'25? BigMint analysis
India's ADC12 alloy market faced challenges in January 2025 as demand softened and prices hit their lowest level in nine months. BigMint's latest assessment shows that OEM-approved ADC12 in both Delhi and Chennai was priced at INR 208,000/tonne (t), a decrease of INR 1,000/t m-o-m. This decline...
Maan Aluminium's Q3 net profit down 59.01% Y-o-Y; Stock in free fall with a 25.32% decline
Maan Aluminium, a well-known name in the aluminium extrusion industry in India, reported net sales of INR 182.09 crore (USD 20.82 million) in 3rd Quarter of FY25 ending December 2024, down 14.5 per cent Y-o-Y from INR 212.97 crore (USD 24.35 million) in December 2023. Quarterly net profit was also...
realme Note 60 with upgraded RAM and aluminium die-cast structure to arrive soon in Philippines
Ensuring cutting-edge technology and next-level experience to customers, the India-based Chinese smartphone manufacturer Realme has decided to release an upgraded version of its already available Note 60 in Philippines. As per realme’s website the upgraded version will also include dynamic RAM...
India: Imported aluminium scrap prices rise w-o-w following hike in LME tags
Imported aluminium scrap prices in India witnessed an upward trend week-on-week (w-o-w), driven by a rise in London Metal Exchange (LME) aluminium tags. BigMint's benchmark assessment for Tense scrap originating from the US was at $1,850/tonne (t), increasing by $35/t w-o-w, while Wheels from the...
Africa & Asia going strong with alumina production, up 6.5% in 2024; outlook remains bullish with India’s output set to reach 9.7 MT
Africa & Asia (ex-China) ranks as the world's third-largest alumina-producing region after China, Oceania, and South America, accounting for nearly 10 per cent of the world's output annually . In 2024, the region's share of global alumina production increased slightly to exactly 10%, up from 9.65%...
India takes the front seat in EV evolution with half a million sales: Honda to join the force soon!
The global transition to electric vehicles (EVs) is revolutionising the automotive industry, driven by increasing concerns over air pollution and stringent emission regulations imposed by governments worldwide. With the environmental imperative to reduce fossil fuel dependency, battery electric...
IBAAS-IMMT-IIM 2025: The 13th International Bauxite, Alumina & Aluminium Conference & Exhibition
IBAAS is pleased to announce the 13th International Bauxite, Alumina & Aluminium Conference & Exhibition (IBAAS-IMMT-IIM 2025), scheduled to be held from October 8-10, 2025 , in Bhubaneswar, India. This prestigious event is being organised in collaboration with the Institute of Minerals and...
Hero and TVS make solid strides in strengthening India’s electric vehicle segment for the long run
India’s largest two-wheeler manufacturer, Hero MotoCorp, is intensifying its efforts in the electric vehicle (EV) space to capture a larger market share. The company, which launched its Vida brand in 2023, has been expanding its presence across the country, with a presence in over 116 cities and...
Trump's tariffs may push US aluminium buyers toward Middle East, India
The United States metal companies and companies that import metals for their product manufacturing are likely to turn to the Middle East and India for aluminium supplies as they seek to bypass the extensive tariffs imposed by President Donald Trump, according to industry sources. Trump's planned...
