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Chalco's 200,000 tonnes high-grade wrought aluminium project passes full production assessment
The Investment Management Department of Chalco, together with the Production and Quality Management Department, organized relevant experts to form an assessment team to conduct an on-site assessment of Baotou Aluminium's 200,000 tonnes high-grade wrought aluminium alloy and secondary aluminium recycling project for reaching full production and standards. Bao Aluminium Deputy General Manager Guo Jun attended the assessment meeting. The assessment team listened to the report on the project's production and operation status, reviewed production reports and other materials from the assessment period in accordance with the Implementation Rules for Performance Incentive Management of Fixed Asset Investment Projects of Chalco, and conducted on-site inspections of production operations, processes...
D.A. Davidson acts as exclusive financial advisor to Skana Aluminium Company on its sale to packaging matters, LLC
D.A. Davidson & Co. ("D.A. Davidson") announced today that it served as exclusive sell-side financial advisor to Skana Aluminium Company ("Skana" or the "Company"), a vertically integrated direct-cast aluminium rolling mill, on its sale to Packaging Matters, LLC ("Packaging Matters"), a leading manufacturer of sustainable food packaging. Headquartered in Manitowoc, Wisconsin with additional operations in Clarksburg, West Virginia, Skana produces specialty-rolled x products for electrical transformers, consumer durables, and industrial end markets. The Company has a strong reputation for high-quality, precision-rolled products, supported by integrated casting, rolling, and precision slitting capabilities. “On behalf of the Skana shareholders, we are very proud of the growth of the business...
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Two new recycling furnaces in Töging : €11 million modernisation project completed on schedule
District Administrator Dr Tobias Windhorst and Mayor Marco Harrer are celebrating a milestone at the aluminium recycler’s Innwerk site: with the commissioning of a further new recycling furnace at the Töging plant, Speira’s Recycling Services has completed one of the most important investment projects of recent years on schedule. A total of two tilting rotary furnaces have been installed and commissioned at each of the Töging and Grevenbroich sites. The new units replace older equipment and set new standards in terms of efficiency, technical progress, occupational safety and environmental performance. The furnaces are used to recycle aluminium from scrap and dross, which, due to their impurities, can only be processed in this type of furnace. “We take a holistic view of our contribution...
Vedanta Power appoints former NPCIL executive Kishor Agrawal to lead nuclear strategy
Vedanta Power Limited has appointed Kishor U Agrawal, a former senior executive at the Nuclear Power Corporation of India Limited (NPCIL), as Director, Nuclear Strategy & Advisory, as the company evaluates opportunities in India's nuclear power sector. The appointment comes as India opens up its nuclear energy sector to private participation under the SHANTI Act, 2025, and targets nuclear power capacity of 100 GW by 2047. Vedanta Power has identified nuclear generation as a potential avenue for long-term growth alongside its planned expansion in thermal power. Agrawal’s experience spans over two decades in nuclear project construction, including 35 years of service at NPCIL and retired as Associate Director. His other major projects include Kakrapar, Tarapur and Rajasthan atomic power...
Ronal joins Hydro initiated Corridor programme to strengthen long-term development in the Brazilian Amazon
Ronal, a global manufacturer of light-alloy wheels, is joining the Corridor programme as a new funding partner. The Hydro initiated programme brings together companies and local organisations to support economic opportunity, social progress and environmental conservation in the Brazilian Amazon. The partnership builds on the existing long-standing relationship between Hydro and Ronal, and demonstrates how connections across the aluminium value chain can help broaden support for the Corridor programme. The programme connects international partners with initiatives in the Amazon, helping to attract long-term investment that supports people, communities and nature. “Ronal’s decision to join the Corridor programme shows how the global aluminium value chain can connect with locally driven...
ZAK Expo from 10-12 Dec 2026 to bring world-class glass, fenestration and aluminium technologies to New Delhi, India
Leading companies from the glass processing, doors and windows, façades, fenestration and aluminium extrusion sectors will come together at ZAK Expo 2026, taking place from 10–12 December 2026 at Yashobhoomi (India International Convention & Expo Centre), Dwarka, New Delhi, INDIA. Featuring three specialised exhibitions under one roof, the event will present advancements shaping modern architecture and construction. As India’s building sector evolves, the demand for durable, energy-efficient and aesthetically appealing materials continues to grow. From architectural glass and advanced window systems to façade technologies and aluminium profiles, these developments are transforming the way buildings are designed and constructed. ZAK Expo 2026 will offer visitors an opportunity to explore...
UK aluminium industry calls for action on industrial competitiveness and investment in new ALFED report
The Aluminium Federation (ALFED) has today launched its new white paper, 'Reindustrialising UK Aluminium, at UK Metals Expo 2026', calling on Government to work with industry to strengthen domestic manufacturing capability, improve industrial competitiveness and unlock commercially viable investment across the aluminium value chain. Released during the UK's leading event for the metals supply chain at the NEC Birmingham, the report forms part of ALFED’s Make More of UK Aluminium campaign and argue that Britain already possesses a substantial aluminium industrial base, but faces structural challenges that risk limiting its future growth. The report brings together updated economic modelling, evidence of changes in UK industrial capability and material-flow research undertaken with...
Six brokerages bullish on Vedanta Aluminium see up to 53% upside as Q2 earnings surge 83%
Vedanta Aluminium Metal Limited has received strong endorsements from six leading brokerages namely, Emkay Global, Nuvama, Nomura, Systematix, Avendus Spark and ICICI Securities, following its Q2 FY27 results, with all six maintaining BUY ratings and projecting potential share-price upside of up to 53 per cent. Target prices range from INR 490 to INR 550 per share, supported by strong quarterly earnings, record production and progress on expansion projects. Record production and earnings strengthen outlook Vedanta Aluminium reported quarterly EBITDA of approximately INR10,100 crore, up over 82 per cent year-on-year, supported by higher volumes, stronger realisations and an improved product mix. Aluminium production reached a record 649,000 tonnes, rising 5 per cent year-on-year, while...
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