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Approved: Greece ministry & Metlen’s €300m gallium push to cut EU import reliance
16 May 20262MINS
Alumina
The Interministerial Committee for Strategic Investments of the Hellenic Republic has approved a new strategic investment by METLEN Energy & Metals in the ramp-up of gallium production capacity in Greece. It falls within the framework of METLEN's existing bauxite mining and alumina refining operat ...
Hindalco slips after strong rally, but Novelis and global aluminium demand keep long-term outlook alive
16 May 20263MINS
Primary AL
After racing close to its 52-week high, Hindalco Industries suddenly lost momentum on May 15. The stock slipped to an intraday low of INR 1,073 and ended nearly 3 per cent lower as investors rushed to lock in gains following a strong rally. The pullback came at a time when uncertainty across the ...

16 May 20264MINS
SupplementAL
S&P Global Ratings has upgraded Vedanta Resources to ‘BB’ with a stable outlook, reinforced by improvement in operating performance, firmer liquidity and consistent deleveraging across the group. S&P highlighted Vedanta’s expanding backward integration in alumina and bauxite, coupled with favourab ...
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