Vedanta Aluminium shares gained 3.32 per cent after Vedanta Resources denied speculation that it planned to sell its stake in the aluminium business, while brokerages maintained bullish views on the stock. Vedanta Aluminium came into focus after its parent, Vedanta Resources, dismissed reports and...
Motilal Oswal has maintained its “buy” rating on Vedanta Aluminium Metal, saying production growth, lower costs and a bigger share of value-added products could support a multi-year expansion in earnings. The brokerage has set a target price of INR 540 (USD 5.67) per share, implying potential...
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AL Circle
A report that reveals where the aluminium casting industry is heading and how businesses can act.
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
LEARN MOREAL Circle Analysis: How are scrap, CBAM, EVs, energy rewiring the aluminium industry?
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Before India can mine more nickel, copper or rare earths, it first has to find them. Vedanta has deployed what it describes as India’s first high-speed hydrostatic portable drilling rig in Chhattisgarh, designed to investigate mineral targets as deep as 1,000 metres below ground. The rig is being...
Vedanta Aluminium, India’s leading aluminium producer, today expanded its automotive solutions portfolio with the launch of two advanced offerings under its best-selling Primary Foundry Alloy (PFA) range. These include the Copper-Doped Alloy, developed for high-performance automotive applications,...
As India rapidly expands renewable energy and electrification to meet its growing energy needs, Vedanta Group is strengthening its position across the energy transition — both as a supplier of the critical materials needed to build the new energy economy and how those materials are produced...
The aluminium industry is entering a phase where supply security is being tested across the entire value chain. The latest developments show the pressure beginning with bauxite, moving through logistics and alumina, feeding into aluminium prices and producer earnings, and eventually reshaping...
Shares of aluminium companies NALCO, Hindalco Industries and Vedanta Aluminium Metal surged on Wednesday, August 12, after Norsk Hydro ASA reported that its Alunorte alumina refinery in Brazil had reduced production to 50 per cent of capacity due to a shortage of natural gas. The production cut has...
Vedanta Group's Bharat Aluminium Company Ltd (BALCO) has secured Odisha's Karlapat bauxite block after a fiercely contested auction pushed the final bid premium to a record 175 per cent, highlighting the intensifying competition among India's aluminium producers to secure long-term bauxite...
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