India's ₹9,150b power grid push could drive new aluminium demand
India's planned transmission investment and renewable-energy expansion could lift aluminium consumption in electrical applications to 4 million tonnes by FY30. India's push to expand its electricity transmission network is emerging as a major potential growth driver for aluminium, with the...
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...
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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...
Odisha government bows to pressure? Mine blocks up for auction despite anticipated market slump
After a long wait of over two years for a bullish metal market, added with a recent push from the central government, the government of Odisha has given in on the approval of the proposal of the Steel and Mines department for the auction of 10 mineral blocks in the state. Among the ten blocks, the...
Indian aluminium giant reports historic Q3 performance: EBITDA jumps 30% Y-o-Y
Vedanta Aluminium, a key subsidiary of Vedanta Limited, has announced a historic performance for Q3 FY25, achieving its highest-ever third-quarter EBITDA of INR 11,284 crore (US$1.34 billion), marking a significant 30 per cent year-on-year increase. Image Source: https://www.vedantalimited.com/...
Aluminium demand in India to zoom 7-9% by 2028 as EV Sales Surge 27%
At the recently concluded Material Recycling Association of India (MRAI) international conference held in Jaipur from 28 to 30 January, Mohan Agarwal, managing director and chairman of a prominent secondary smelter CMR Green Recycling, projected robust growth in India’s secondary aluminium demand....
NALCO defies market trends: surges 3.18% despite broader downturn
National Aluminium Company (NALCO) experienced an eventful trading session on January 31, 2025, surpassing the nation’s aluminium sector. Despite trading below past key moving averages, it delivers a high dividend yield. The stock’s recent performance contrasts with broader market trends. NALCO’s...
Here’s why India needs an LME warehouse to support the AL business
Anuj Bareja, Founder and Managing Director of Asier Metals Private Ltd, stated at the LME Mumbai Forum on January 27, 2025, that establishing London Metal Exchange (LME) warehouses in India could help mitigate the carbon footprint associated with transporting aluminium. With sustainability measures...
Fire breaks out at BRT Extrusions in Niles; no injuries reported
Accidents or fire incidents in the aluminium industry highlight the need to implement advanced technologies and stringent safety measures to mitigate such risks. Raising awareness is essential, especially in countries like India, where a larger workforce and limited adoption of modern technology...
Vedanta’s 1 lakh crore dream project of alumina refinery and aluminium smelter coming up in phases
Mining conglomerate Vedanta's dream project of 6 million tonnes per annum of alumina refinery and 30 lakh tonnes of aluminium smelter is coming to life, for which the budget is INR 1 lakh crore (US$11.55 billion). As per the report, the project's first phase is expected to be commissioned in the...
Vedanta fuels Odisha’s economic dream: Must-see highlights from Make in Odisha 2025
Vedanta Aluminium, a leading name in the Indian industry, has long been associated with sustainability and social development activities, as reflected through numerous reported stances. The mining and manufacturing giant has yet again initiated a sustainability-promoting stint as it participates in...
Taural India signs MoU with Maharashtra Government, promoting industrial development in Tier II regions
Taural India, a prominent integrated aluminium foundry, has entered into a Memorandum of Understanding (MoU) with the Government of Maharashtra to expand its manufacturing operations in Supa, Ahilya Nagar. This collaboration represents a major stride in promoting industrial development and...
Manaksia Aluminium at a 52-week low
Manaksia Aluminium, a microcap company and a trusted name in manufacturing aluminium sheets and coils, has seen a 52-week low in its share price, closing the day (January 27, 2025) at INR 79.93 (US$0.93). Despite a brief recovery in the early morning, reaching INR 83.34 (US$0.97), the stock closed...
Upstream weekly recap: Change in investment outlook for global aluminium companies, US tariff threats, and much more
Some of the news headlines this week in the upstream aluminium industry, particularly in the primary aluminium sector, suggest a potential shift in market dynamics in the near term in the wake of aluminium price drop on alumina supply ease and proposed tariffs on aluminium imports by the US...
India’s first auto-robotic plant for aluminium doors & windows begins operations in Surat: Encore-Alcom
Encore-Alcom, prominent aluminium doors and windows manufacturer based in Hyderabad, announced the commencement of operations at its new manufacturing plant in Surat, Gujarat, on Tuesday. This facility, the largest in India for aluminium doors and windows production, is the country’s first to...
Emirates A350 set to kick start India operations on Republic Day
Emirates is preparing to launch its brand-new Airbus A350 aircraft in India on Republic Day, January 26, 2025, a commemoratory date in the Indian calendar. This launch on Republic Day is a token of appreciation for its Indian customers, paying respect to the Indian Republic. The noteworthy debut...
Ashapura Minechem stock price jumps higher after MoU with China Railways
The share value of a leading mining company, based in India, specialising in the extraction, manufacturing, and trading of minerals and their derivative products, surged by 10 per cent following the signing of a long-term Memorandum of Understanding (MoU) with China Railway. Price hike stance With...
Viva unveils SOLID X: India's first ready-to-install solid aluminium panels at BAU Expo
At the renowned BAU Expo in Germany, Viva, Asia's leading manufacturer and supplier of aluminium composite panels (ACP), introduced SOLID X—India's first pre-coated, ready-to-install solid aluminium panels. This revolutionary product ushers in a new era of architectural design, blending exceptional...
Know why there’s a demotion in investment outlook for Norsk Hydro ASA
RBC Capital Markets, a global investment bank providing banking, finance, and capital markets services, has reduced its ratings for the Norwegian aluminium and renewable energy company Norsk Hydro ASA from "outperform" to "sector perform". The revision in investment outlook follows Norsk Hydro's...
Aditya Aluminium advances sustainability with EV recharge stations & fly ash transportation
Hindalco Industries, the metals flagship of the Aditya Birla Group, has launched EV bulkers at its Aditya Aluminium plant in Odisha to deliver one million tonnes of fly ash to the local cement industry over the next five years. In addition, the company has set up two EV recharge stations near the...
