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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KABIL collaborates with CSIR-IMMT to deepen understanding of critical minerals
The joint venture company Khanij Bidesh India Limited (KABIL), comprising National Aluminium Company Limited (NALCO), Hindustan Copper Limited (HCL), and Mineral Exploration and Consultancy Limited (MECL), has partnered with the Council of Scientific and Industrial Research-Institute of Minerals...
Sudden gale topples over the world’s largest floating solar plant in Madhya Pradesh
In a recent turn of events, the world's largest floating solar plant, nestled within the serene backwaters of Omkareshwar Dam, faced a formidable challenge. A powerful summer storm, with winds reaching up to 50kmph, inflicted damage upon a section of the operational plant. However, amidst...
Interiors redefined with Hindalco's Eternia: India’s premier WiWA-tested aluminium doors and windows brand
Eternia, India's pioneering brand renowned for its WiWA-tested aluminium doors and windows crafted from the revolutionary Hindalco-made Duranium alloy, proudly unveils its avant-garde experience store in the bustling city of Indore, Madhya Pradesh. With an unwavering commitment to excellence,...
12th International Bauxite, Alumina & Aluminium Conference & Exhibition (IBAAS-IIM 2024): Shaping the future of aluminium industry
The International Bauxite, Alumina and Aluminium Society (IBAAS), in collaboration with the Indian Institute of Metals (IIM), is proud to announce the upcoming 12th International Bauxite, Alumina & Aluminium Conference & Exhibition, scheduled to take place from September 25 to 27, 2024. Hosted at...
From kitchen staple to industrial marvel: Aluminium foil, the unsung hero of sustainable packaging solutions
Aluminium foil is not merely a basic kitchen necessity but has transformed into a versatile product with a wide range of traditional and innovative uses. It can be touted as a marvel of material science. Over recent years, the role of aluminium foil has evolved significantly, transitioning from a...
Primary aluminium production outside China quarterly review - Q1 2024
According to SMM statistics, the total production of primary aluminium outside China reached 7.46 million in the first quarter of 2024. The Middle East contributed 23 per cent or 1.72 million tonnes of the total. Following closely were Russia and India, producing 1.02 million tonnes and 1.025...
Downstream aluminium industry spur: Elon Musk's India visit sparks speculation on Tesla's investment
Elon Musk, Tesla's phenomenal chief, is set to embark on a significant journey to India. During the week of April 22, he will engage in crucial discussions with Prime Minister Narendra Modi in New Delhi. Sources privy to the matter indicate that Musk's visit is poised to unveil plans for Tesla's...
SECO/WARWICK to enhance Indian manufacturing with New CAB line for Narain Cooling Technologies
SECO/WARWICK is gearing up introducing its CAB line production in India. The recipient of this solution is an Indian company specialising in manufacturing heat exchangers, Narain Cooling Technologies. This furnace implementation will enable Narain Cooling Technologies to uphold optimal production...
Ather Rizta Electric Scooter with a lightweight aluminium frame makes grand debut in India
Ather Energy breaks new ground in the electric scooter market with the launch of its highly anticipated Ather Rizta. With a keen focus on innovation, the scooter boasts a lightweight aluminium frame, marking a significant step towards sustainable mobility. Ather Energy proudly introduces the Ather...
Vedanta continues to increase its aluminium selling prices since the beginning of April; prices mark a 6% surge
Anil Agarwal-led Vedanta Limited, an Indian multinational mining company headquartered in Mumbai, published a fresh list of its aluminium selling prices, including aluminium billet and wire rod. Compared to the prices of the previous week, April 5, Vedanta’s aluminium prices rose by INR 1,750 per...
ICRA forecasts limited impact of EU carbon tax on Indian aluminium producers
ICRA stated that the anticipated European Union carbon tax would likely minimally affect domestic primary aluminium producers. The Carbon Border Adjustment Mechanism (CBAM), analogous to a carbon tax functioning as an import duty, is slated to be enforced from January 1, 2026. ICRA Limited is...
Adani ventures into polysilicon production to boost solar module manufacturing; Aluminium sector set to thrive with surge in solar projects
According to a report, Adani Group, a leading integrated business conglomerate, has commenced the commercial production of polysilicon wafers and ingots at its factory in Gujarat to increase the supply of raw materials for the manufacture of in-house solar power cells and modules. Vneet S Jaain, a...
Craftsman Automation to build a lightweight aluminium auto components plant in Alwar, India
Craftsman Automation, an Indian company specialised in diversified casting solution of highly complex lightweight aluminium components for the automotive & industrial engineering sectors, has reportedly signed an agreement with Rajasthan State Industrial Development and Investment Corporation...
US aluminium scrap exports in Jan’24 show a slight recovery M-o-M but strike an annual downtrend of 3%
According to the US Census Bureau survey, the United States aluminium scrap exports initiated the year 2024 with an annual decline of 5,000 tonnes or 3.13 per cent, reaching 155,000 tonnes. In January 2023, the United States aluminium scrap exports amounted to 160,000 tonnes. The year-on-year drop...
Primary aluminium weekly: Chinalco & Rio Tinto CEOs discuss mutual growth strategies focussing on the aluminium industry
At the Chinalco Group headquarters on March 24, Chairman Duan Xiangdong met with Jakob Stausholm, CEO of the Rio Tinto Group, and his accompanying delegation. The discussions were thorough, emphasising the enhancement of practical collaboration to attain mutually advantageous growth. India's...
Downstream weekly recap: Hindalco shares augment following India’s anti-dumping stance on aluminium foil imports from Thailand, BMW adopts WAAM technology
In the realm of downstream aluminium, recent developments herald both challenges and opportunities across global markets. From India's deliberation over anti-dumping duties on Thai aluminium foil imports, stirring optimism for local producers like Hindalco Industries, to Japan's anticipated surge...
Manufacto India Pvt. Ltd is set to boost the construction sector with aluminium formwork solutions
In the kingdom of construction, where precision meets innovation, a new luminary emerges: Manufacto India Pvt. Ltd. Established in 2023 under the visionary leadership of Sanjiv Chhabra, this avant-garde venture has swiftly risen to prominence, promising to redefine the landscape of construction...
Chinese economic boost propels LME base metals prices to move upwards
The London Metal Exchange (LME) witnessed significant price surges across base metals following optimistic macroeconomic reports from China, with all metals marking gains by Wednesday, 3 March. Three-month aluminium futures showed a modest uptick of 2 per cent to reach $2,429 per tonne (t), while...
