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ALUMINIUM SMELTING CAPACITY
Adani-IHC foray may rejig India's aluminium market mixAdani Group is set to disrupt India's aluminium market with an $11.5 billion venture, challenging Hindalco and Vedanta. The project, slated...
Vedanta Aluminium shares jump over 3% as Emkay starts coverage with Buy call. 3 reasons whyVedanta Aluminium shares surged after Emkay initiated coverage with a 'Buy' rating and a Rs 550 target, citing strong medium-term prospects...
Adani, IHC plan to forge $11.5 billion aluminium unitAdani Group and Abu Dhabi's International Holding Company are set to invest a massive $11.5 billion in a new Odisha aluminium plant. This a...
China's push for green power use in AI projects faces hurdles, experts sayEnsuring reliable electricity for AI-focused data centres has become a strategic priority, underscored in China's 2026 government work repo...
Duty tweaking required to boost domestic aluminium-based manufacturing: GTRIIndia's aluminium sector faces policy distortions. A think tank proposes removing import duties on raw aluminium and adding export duties o...
Vedanta listing: Why its aluminium business is the undisputed crown jewel of the mega 4-way demergerFour demerged entities of Anil Agarwal-led Vedanta Group are set to begin trading on Monday, with Vedanta Aluminium Metal Ltd (VAML) expect...
Get Al-enabled, add value to metal musicIn a twist of fate, Coca-Cola's plans for a bottler IPO arrive amidst a shortage of Diet Coke cans. The ongoing conflicts in the Middle Eas...
Rising crude and aluminium prices: Bharat Subramanian on what it means for India's energy and metals sectorsGeopolitical tensions in West Asia are driving up oil and aluminium prices. This benefits upstream oil explorers while squeezing oil market...
Aluminium hits four-year high on renewed Middle East supply risksBenchmark aluminium on the London Metal Exchange traded 0.5% higher at $3,685 a metric ton in official rings. Earlier, it touched $3,707.50...
Missiles over Dubai rattle the Gulf’s billion-dollar money machineThe Gulf's image as a safe financial haven is under strain as regional conflicts disrupt deals and deter investors. Once booming IPO market...
War puts brakes on UAE realty boom as Dubai projects face delaysThe current turmoil in West Asia is having a notable effect on the property market in the UAE. Developers are experiencing significant dela...
West Asia war pushes half of Dubai's 2026 property handovers to 2027The ongoing West Asia conflict is impacting property project completions in the UAE. Developers face delays of six to nine months. Construc...
Nalco's alumina exports to West Asia affected due to geopolitical tensions, says CMDGeopolitical tensions in West Asia have impacted National Aluminium Company Ltd's (Nalco) exports, which previously accounted for 40-50% of...
Aluminium prices at record highs: What’s driving the rally and what’s next?Aluminium prices have surged to multi-year highs, driven by strong demand, supply constraints, and rising energy costs. Geopolitical tensio...
NALCO to pump in ₹30,000 cr for expansion driveNational Aluminium Company Limited (NALCO) is set to invest ₹30,000 crore in the next five years to expand its capacity, focusing on smelti...
Why did copper escape US tariffs when aluminium did not?The U.S. has exempted refined copper from import duties, contrasting with steep tariffs on aluminum, reflecting the significance of electri...
Greenko to develop up to 400 MW green capacity for Hindalco's aluminium smelter in OdishaThe project will be set up as a captive generation facility under a 25-year offtake arrangement to supply power to Hindalco's Aditya alumin...
Vedanta seeks quick supply of raw material in OdishaIn the absence of raw material supply within Odisha, Vedanta has been importing around 40 per cent of its bauxite requirement for Lanjigarh...
- Nalco keeps 5% capacity idle, Rs 300-cr revenue impact likely
Nalco is likely to take a Rs 300-crore hit on annual revenue as it is forced to keep five per cent of production capacity idle due to lower...
- Vedanta expanding its smelting capacity to 2.5 million tonnes
The smelting capacity will be raised to 2.5 million tonnes per annum, from around 1.6 million tonnes at present, Managing Director of Vedan...