Indian electronics manufacturers are increasingly substituting aluminium for copper in key components as surging metal costs put pressure on margins. Indian electronics manufacturers are turning to aluminium and steel as alternatives to copper as a sharp rise in copper prices pushes up production...
The US Department of Justice has urged a court to dismiss Oklahoma Attorney General Gentner Drummond’s lawsuit filed on the proposed USD 4 billion Oklahoma aluminium smelter, arguing that the project would strengthen national and economic security. The move comes as the joint venture of Emirates...
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Diamond Power Infrastructure, known for manufacturing aluminium conductors and other power transmission equipment has launched a commercial production at its inaugural rod mill, which is dedicated to manufacturing next-generation AL 59 wire rods. The company is also advancing a Green Field project...
Vedanta Aluminium, India's largest aluminium producer, has announced a transformative step towards fostering gender parity and workplace inclusion by converting an entire smelter line at its operations in Jharsuguda, Odisha, which is to be operated and maintained exclusively by women employees. The...
Primary aluminium output at Pavlodar-based Kazakhstan Aluminium Smelter (KAS), owned by Eurasian Resources Group (ERG), a leading diversified natural resources group and the only producer of high-grade aluminium in Kazakhstan, has reached the four-million-tonnes milestone since the start of...
FORNNAX Technology, a leading name in India's recycling equipment manufacturing sector, has achieved a significant milestone with the groundbreaking ceremony for its expansive 23-acre manufacturing site in Gujarat, India. Specializing in high-capacity and heavy-duty recycling equipment such as...
After hitting a 52-week low on Monday , March 3, Maan Aluminium's share price surged by approximately 5 per cent in a single day, reaching INR 98.93 on Thursday, March 6. This increase also marked a 16.12 per cent gain compared to the price of INR 85.2 on March 3. Image source: Maan Aluminium The...
Constellium today announced the release of its 2024 Sustainability Report, highlighting the company’s commitment to advancing a sustainable and circular economy. The report details Constellium’s key achievements and reports progress on the company’s targets for decarbonisation, recycling, safety,...
Hindustan Power, a leader in renewable energy focusing on the Indian market, has signed a Memorandum of Understanding (MoU) with the Government of Assam to invest INR 620 crore (US$ 70.96) in renewable energy projects. The company, led by Ratul Puri, signed the MoU for its upcoming 100 MW battery...
Indonesia has introduced a new sovereign wealth fund, Daya ‘Anagata Nusantara or Danantara’, with an initial commitment of US$20 billion. President Prabowo Subianto launched it last week. Danantara aims to serve as both an investment vehicle and a holding company for the country’s influential...
The Mumbai-headquartered Indian multinational cement company UltraTech Cement has announced its foray into the wires and cables segment with a planned investment of around USD $200 million (₹1,800 crore) to establish a manufacturing facility in Gujarat. On February 25, 2025, the Aditya Birla...
Lulu Retail, a leading force in the retail industry, proudly announced the successful completion of its inaugural solar project at the Riyadh Central Warehouse in Saudi Arabia. This milestone underscores the group's dedication to sustainability, aligning with the Kingdom's Vision 2030 goals and...
Pilot Energy, a leader in the clean energy transition, has partnered with South32 Worsley Alumina to conduct a feasibility study on carbon capture and storage (CCS) for its operations. Launched in the quarter of January-March 2025, the study aims to evaluate the supply chain for capturing and...
Neveah Limited, the Nigeria-based commodities export company, announced that its aluminium and copper waste recycling plant in Mowe, Ogun State, is set to generate significant employment opportunities. According to Ibidapo Lawal, the company’s CEO, the facility will create 40,000 direct jobs and an...
Impact Minerals Limited (“IPT” or “the Company”) is pleased to announce that it is undertaking a 2 for 7 renounceable rights issue (“Rights Issue”) at $0.006 per share to raise up to approximately $5.2 million (before costs). For every 2 new shares subscribed for, eligible shareholders will receive...
On February 27, 2025, Press Metal Aluminium Holdings Berhad announced the signing of a Memorandum of Understanding (MoU) with Bintulu Development Authority (BDA) to build an aluminium solar frame manufacturing facility with an annual production capacity of 80,000 tonnes. Under the JV signed, the...
Zaha Hadid Architects, a British architecture and design firm, has unveiled plans for a striking cultural centre in Reggio Calabria, southern Italy, overlooking the Strait of Messina. The Centre of Mediterranean Culture will feature a sculpted, futuristic design with a facade crafted from locally...
RUSAL, one of the world's largest aluminium producers, is setting up a pilot production facility for scandium oxide with an annual capacity of 1.5 tonnes. Scandium is a valuable rare earth metal, and RUSAL was the first in the world to develop and implement aluminium-scandium alloys. These alloys...
After a transformative 2024—defined by an over 120 per cent surge in alumina prices and critical supply challenges—the bauxite and alumina industry faces pressing questions about its future. How will the sector adapt, diversify and expand to meet rising global demand? The Fastmarkets Bauxite and...
Scandium Canada, dedicated to advancing strategic metals and gold projects across Québec, has announced its voluntary delisting from the US OTCQB equity market, effective March 1, 2025. This strategic move aims to redirect resources towards establishing a new division dedicated to commercialising...
