India’s electronics aluminium demand to grow 10.18% CAGR: Why aren’t makers benefiting from strong domestic production?
India’s aluminium smelters operate with some of the highest margins in the value chain, at around 10 per cent, but this profitability is not reflected among downstream manufacturers, where margins are closer to 5 per cent. These companies convert the metal into finished products such as heat sinks,...
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...
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Tapas Kumar Pattanayak named as the new HR Director of Nalco
In a significant decision by the Public Enterprises Selection Board (PESB), Tapas Kumar Pattanayak has been selected for the role of Director (Human Resources) at the National Aluminium Company Limited (NALCO). The appointment follows a PESB meeting held on October 21 st , 2024. Currently serving...
US aluminium scrap exports extend M-o-M fall by 2.3% in July due to the Red Sea crisis disrupting supply to India
According to the US Geological Survey, the United States aluminium scrap exports continued to decline, marking the second consecutive month of fall in July 2024. The export volume decreased 2.32 per cent month-on-month to 168,000 tonnes versus 172,000 tonnes in June 2024. Also, on a year-on-year...
Vedanta assures INR 1 lakh crore investment for new alumina and aluminium projects in Odisha
According to a report on Friday, October 18, Vedanta has assured to give INR 1 lakh crore to the Odisha government for the establishment of an alumina refinery with a 6 million tonnes per annum capacity and an aluminium plant with 3 million tonnes per annum. The news came after an announcement made...
Hind Aluminium reflects strong performance with a 52-week high share price
Hind Aluminium Industries, a manufacturer of aluminium & alloy conductors and aluminium wire rods, reached a 52-week high on October 18, 2024. The stock opened with a 2.19 per cent gain and touched an intraday high of INR 85.4, outperforming the sector by 2.44 per cent. The company’s shares have...
Viva becomes the first to bring German technology to India with its anodised aluminium panel range
Viva, in collaboration with Aloxide, has introduced a new range of anodised aluminium panels titled 'Pure Aura'. Asia's leading brand in Aluminium Composite Panels (ACP) has entered the world of anodised aluminium technology, delivering enhanced durability and corrosion resistance products....
Nupur Recyclers to debut in aluminium extrusion manufacturing with INR 180 million investments
Nupur Recyclers Limited, a leading importer and processor of non-ferrous metal scraps, has announced its venture into aluminium extrusion manufacturing through a subsidiary, Nupur Extrusion. As per the report, the company has earmarked an investment of INR 180 million (approx. 21 million) for the...
“Using aluminium FRPs in railway systems contributes to a more efficient, cost-effective, and environmentally friendly operation,” L C Trivedi, Railway Expert
A distinguished railway professional, L C Trivedi, with over 40 years of exemplary service, boasts a remarkable career deeply rooted in Indian Railways. With an engineering degree and management education from prestigious institutions such as HEC Paris and Carnegie Mellon University in Pittsburgh,...
A tribute to Ratan Tata: The unsung hero of India's aluminium industry
Ratan Tata, a global icon known for his ethical business strategic initiatives, investments, and a focus on sustainability and innovation, marks contributions to India's aluminium industry. Born on December 28, 1937, he played a crucial role in transforming the Tata Group into a global powerhouse...
U.S. Commerce Dept. confirms 14 countries guilty of dumping aluminium extrusions, levies up to 376.85% tariffs
The United States Department of Commerce has reportedly issued final determinations against fourteen countries involved in dumping aluminium extrusions and selling them at less than legitimate value in the US market. China, Colombia, Ecuador, India, Indonesia, Italy, Malaysia, Mexico, South Korea,...
INA Solar breaks ground on its much-awaited 12,000 MTPA aluminium frame plant in Jaipur
Insolation Energy (INA Solar), an Indian solar energy provider and manufacturer, announced the establishment of a 3 GW photovoltaic (PV) module manufacturing facility in the Jaipur district of Rajasthan. The company specialises in developing, engineering, and deploying solar PV modules and aims to...
Russian aluminium stocks on LME edge down to 66% in September
According to LME data released on October 10, 2024, the proportion of Russian-origin aluminium stock in London Metal Exchange (LME) approved warehouses saw a marginal decline in September, falling to 66 per cent from 67 per cent in August. However, the data indicated that aluminium of Indian origin...
Vedanta Aluminium sets new industry standards with LME Passport digital connectivity
In a major milestone for India's aluminium industry, Vedanta Aluminium has become the first smelter in the country to successfully implement the London Metal Exchange (LME) Passport program. This development positions Vedanta Aluminium, India's largest aluminium producer, as only the fifth primary...
Aluminium can recycling takes spotlight at the UNESCO-inscribed Durga Puja festival
India, often hailed as the land of gods and goddesses, has stepped into its vibrant festival season of 2024. This week marks the beginning of the grandest celebration in the eastern part of the country—Durga Puja. The United Nations Educational, Scientific and Cultural Organisation (UNESCO) in 2021...
Vedanta Aluminium Showcases Sustainable Aluminium Solutions at ALUMINIUM 2024, Düsseldorf
Vedanta Aluminium, India's largest aluminium producer, is set to participate in the upcoming 'ALUMINIUM 2024' world trade fair in Düsseldorf, Germany. The company will exhibit its extensive product portfolio, including its sustainable aluminium offerings under the 'Restora' brand, at Hall No. 6,...
Premium aluminium supply shortage adds to the business decline scene of JLR
Tata's Jaguar Land Rover (JLR) production has reduced by 7% due to the supply shortage of premium aluminium. Compared with last FY, Tata Motor's subsidiary JLR production is down from approx. 93,000 to close to 86,000. Subsequently, Tata Motor's share price dropped by 3 per cent on Tuesday morning,...
Genx PV to introduce an aluminium frame production facility in Raipur, targeting INR 900 crore revenue
Amidst Renewable Energy India Expo 2024, GenX PV announced the establishment plan of its aluminium frame manufacturing site in Raipur, besides its present unit in Bengaluru, India. Piyush Agarwal, Founder and Managing Director of GenX PV, reaffirms the company's commitment to quality and...
IBAAS-IIM 2024: A resounding success!
The 12 th International Bauxite, Alumina & Aluminium Conference & Exhibition (IBAAS-IIM 2024), held at BITS Goa during September 25-27, 2024, was a resounding success. With the theme "Aluminium Industry – Vision 2030," the event showcased India’s rapid expansion in alumina and aluminium production,...
Vedanta reports the highest-ever quarterly and half-yearly aluminium production for FY2025
On Friday, October 4, Vedanta Limited announced its second quarter and H1 results for FY2024-25 ended September 30, revealing the highest-ever quarterly and half-yearly aluminium production. In H1 FY2025, Vedanta's aluminium production totalled 1.205 million tonnes, following an output of 609,000...
