Metal stocks dazzled on Wednesday, January 14, including industrial metals. The Nifty Metal traded 2.7 per cent higher at INR 11,660.45 levels, with Vedanta stocks gaining 6.1 per cent. From INR 637.20 (USD 7.05) on January 13, Vedanta's share price surged to INR 676 ($7.48), reflecting optimism a ...
Call it destiny or plain arithmetic, aluminium’s decarbonisation story now hinges on energy prices. The Hall-Héroult smelting process is evidently electricity-intensive, so swings in oil, gas, coal and (crucially) electricity prices feed directly into producers’ margins, and definitely into the ca ...
Ships leave Guinea’s ports every day loaded with bauxite destined for refineries thousands of miles away, while only a fraction of that ore is ever transformed at home. This contrast captures the essence of Africa’s aluminium story - a sector - rich in resources, steady in operations, yet still wa ...
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