HPCL Brings Energy Leaders, Researchers and Startups Together at IISc Bengaluru to Accelerate energy Innovation through MC²+ IGNITE
The Hindustan Petroleum Corporation Ltd. today hosted the Bengaluru edition of MC²+ IGNITE – India’s flagship energy innovation accelerator at the Indian Institute of Science (IISc) Bengaluru, bringing together leaders from the energy industry, academia, research, startups and the investment...
Ghana puts bauxite, lithium and iron ore in the spotlight to woo Australian capital
Ghana has stepped up efforts to attract Australian investment into its growing critical minerals sector, pitching the country as a stable and reform-driven destination for mining and value-added mineral development at the 2026 Africa Down Under (ADU) Summit in Perth. The Ghanaian delegation was led...
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Vedanta to invest INR 12.4 bn on Jharsuguda smelter to elevate aluminium capacity
Vedanta has proposed to invest INR 12.4 billion on its Jharsuguda unit (Odisha) to elevate the capacity of aluminium smelter from 1.6 million tonnes to 1.8 million tonnes per annum. The proposal underwent a scrutiny of the State Level Single Window Clearance Authority (SLSWCA) yesterday (March 22,...
CRU: Understanding Where Future Aluminium Smelters will Develop
2017 was a year of significant change for the global aluminium market. The Chinese government initiated its aluminium supply-side reform policy, which we expect will limit long run primary capacity growth in China. The year also saw barriers to Chinese exports rise, particularly in the US. Limited...
Nalco and Almex plan JV for INR 25 billion auto-grade aluminium unit
Nalco has firmed up plans to form a joint venture and Ontario (Canada) based Almex at the upcoming Angul Aluminium Park in Odisha for the production of auto-grade aluminium. The unit with INR 25 billion investment will be set up on 50 acres at the park. “Almex has responded to our EoI (Expression...
China’s Yunnan Aluminium targets 65% growth in 2018, while alumina output to 1.3 mil mt
China, being one of the most aspiring aluminium producers, targets new highs every year; while this year is no exception either. As reported by Platts, China’s Yunnan Aluminium has declared on Monday that it is aiming at producing 1.4 million tonnes of aluminium in the year 2018, up by 65.1 per...
Altech advances final stage of project financing
Altech Chemicals Limited is pleased to provide an update on funding for its proposed Malaysian high purity alumina (HPA) plant and associated kaolin mine in Meckering, Western Australia (the Project). Senior Debt Package On 2 February 2018, the Company announced that it had executed a commitment...
Synergies Castings signs MoU with Andhra govt for aluminium alloy wheel plant
Vishakhapatnam-based aluminium alloy wheel manufacturer Synergies Castings Limited has recently entered into a Memorandum of Understanding with Andhra Pradesh government to set up greenfield aluminium casting alloy wheel plant in Vishakhapatnam. “As customer requirements become exceedingly more...
Former Noranda smelter in Missouri to restart two potlines this year
Spurred on by hopes that U.S. President Donald Trump’s 10-percent aluminium tariffs will usher in a better landscape for the production and sale of primary aluminium, the shuttered smelter formerly owned by Noranda Aluminium in the bootheel region of Missouri announced on Friday the restart of two...
Aluminium producer ElvalHalcor orders aluminium hot rolling mill from SMS group
ElvalHalcor S.A., the newly merged business of Elval Hellenic Aluminium Industry S.A. and Halcor Metal Works S.A., Greece, signed an agreement with SMS group for the supply of a new four-stand aluminium tandem hot finishing mill for its Oinofyta plant near Athens. Following the hot finishing mill’s...
Al Abbar Aluminium signs solar system agreement with SirajPower
SirajPower has signed an agreement with Al Abbar Aluminium to finance, build and operate a solar system at Al Abbar’s steel and aluminium facility in Jebel Ali. SirajPower will deliver almost 1MW solar energy and help the company to save nearly 40% of its expected consumption at the facility. David...
JISCO to upgrade Alpart alumina refinery in order to facilitate monthly export of alumina
Ever since the successful restart of Alpart alumina refinery in Jamaica; its Chinese owner Jiuquan Iron and Steel Company (JISCO) has been constantly brainstorming ideas to make the refinery most profitable by expanding production within a short span of time. The company now aims to upgrade the...
New aluminium smelter to open in New Madrid
A new aluminium smelter will open in New Madrid County, Missouri, at the site of the former Noranda Aluminium plant, state and federal officials said Tuesday. State Rep. Don Rone, R-Portageville, and U.S. Rep. Jason Smith welcomed the jobs the new Magnitude 7 Metals plant will create. Gov. Eric...
Ardagh enhances beverage can ends offering with investment in Deeside plant
Ardagh Group announced today, following the recent completion of a significant investment project, it will now supply two additional beverage ends from its Deeside plant: the 200 B64 and the 202 CDL ends. This follows the conversion of its final 202 B64 module to the more sustainable 202 CDL end....
Figeac Aero, Tasnee, Al Salam Aerospace Industries Co and Industrial Clusters sign MoU for aluminium and titanium parts plant
FIGEAC AÉRO Group, the reference partner for major companies in the aerospace industry, Al Salam Aerospace Industries Co, AMIC (Advanced Metal Industries Cluster Co.Ltd), an affiliated company of Tasnee and Industrial Clusters signed a memorandum of understanding (MoU) to study the opportunities...
Constellium opens a new automotive structures plant in San Luis Potosí, Mexico
Constellium N.V. announced the grand opening of its new Automotive Structures plant in San Luis Potosí, Mexico on March 1, to supply aluminium Crash Management Systems and structural components to automakers in Mexico. The 5,000 sq m facility in San Luis Potosí features the latest technology for...
Tata Technologies partners with NIO for all-aluminium electric car
Tata Technologies, a global engineering services provider, announced a partnership with NIO China, a leading new-generation electric car company, for the development of all-aluminium electric car. The association between the two companies commenced with collaborative engineering for NIO’s first...
Slovenian rolled and extruded aluminium product maker Impol reports improved profit in 2017
Impol, a manufacturer of wide range of rolled and extruded aluminium products based at Slovenska Bistrica reported a record EUR 666m revenue for 2017 on Monday February 26. This was a 20% increase over 2016 and accompanied by an almost EUR 4m rise in pre-tax profit to EUR 38.9m. The group's EBITDA...
China's Yunnan Aluminium approves battery JV with Israel's Phinergy
Yunnan Aluminium said on Tuesday its board had unanimously approved a joint venture with Israel’s Phinergy and another Chinese firm that will make aluminum batteries, its latest bid to cash in on China’s electric vehicle (EV) boom. Aluminum batteries produce electricity from a reaction between...
EGA’s net income surges 59% in 2017; achieves record aluminium production
Emirates Global Aluminium reported net income of AED 3.3 billion in 2017 on stronger aluminium prices and record production levels. The company’s revenue increased to AED 20.5 billion in 2017 compared to AED 17.1 billion in 2016. Adjusted EBITDA stood at AED 6.7 billion, up 31% from AED 5.1 billion...
