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07 May 20255MINS
Downstream Products
AMAG Austria Metall AG, the biggest company in the Austrian aluminium sector, has announced the results for Q1 2025. The company witnessed growth in both revenue and earnings, with a 10 per cent rise in shipments under the rolling division, while the Metal Division benefited from higher aluminium pr ...
07 May 20252MINS
End User
Swedish battery manufacturer Novo Energy’s partial owner, Northvolt, has filed for bankruptcy, citing over USD 8 billion in debt, which has in turn led to an unfortunate announcement of a 50 per cent staff layoff by the company.  Image source: iStock The company struggled to secure funding to ra ...

07 May 20255MINS
End User
As geopolitical tensions are on the rise and the subsequent pandemic era disrupts business growth, Tesla is quietly exploring alternative suppliers in India as it diversifies its semiconductor supply chain away from China. Sources report that Tesla has held talks with three major Indian chip venture ...
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