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ALUMINA AND SMELTER PLANT
Aluminum’s war shock blunted by dark transits and Chinese supplyThe Iran war triggered one of the biggest shocks to the global aluminum market, raising fears of widespread smelter shutdowns and prices su...- Vedanta Aluminium vs Vedanta Power: Which can give investors better wealth in Rs 2 lakh crore demerger playVedanta's demerger has created distinct investment opportunities in Vedanta Aluminium Metal and Vedanta Power. Vedanta Aluminium, valued at...
- Vedanta listing: How billionaire Anil Agarwal's 'Fantastic 5' unlocked Rs 63,500 crore value with mega demergerVedanta’s long-awaited demerger culminated with the listing of four newly spun-off businesses, triggering a sharp market re-rating and unlo...
- Vedanta's Rs 1 lakh cr projects to be reviewed every fortnight to ensure timely completion: Odisha CM MajhiOdisha Chief Minister Mohan Charan Majhi announced that Vedanta's proposed projects, valued over Rs 1 lakh crore, will undergo fortnightly ...
- A warning to critical minerals buyers: Avoid butter mountains, aluminium floodsWestern nations are investing heavily in critical minerals to reduce dependence on China. However, experts warn this could lead to a surplu...
- Nalco to consider selling alumina to VedantaSenior officials of Nalco said the firm would consider allow Vedanta to participate in its alumina tenders.
- Vedanta hopes to ramp up aluminium production after interim OERC orderThe company has long been pleading not to be burdened by the cross subsidy cost and to allow it to use power from the IPP by treating it as...
- Rs 15,000 cr alumina project to come up near Mundra: MinisterAn alumina plant and aluminium smelter project worth Rs 15,000 crore would be set up near Mundra in Kutch district of Gujarat.
- Nalco rejects Vedanta's request for aluminaAluminium major NALCO has rejected a request to sell surplus alumina to bauxite starved Vedanta for its smelter at Jharsuguda.
- Vedanta seeks Odisha Government's intervention for aluminaVedanta Aluminium has asked the Odisha government to impress upon National Aluminium Company (Nalco) to sell surplus alumina to it.
- Nalco gets nod for Rs 12,000-crore investment to set up JV plants with GMDCGujarat government, last week, okayed the Rs 12,000-crore investment plan by National Aluminium Company in Gujarat to set up an alumina and...
- GMDC board to decide on JV with Nalco for aluminium projectGMDC said its board will take a decision next month on setting up an alumina plant and aluminium smelter project in JV with the Navratna PS...
- Vedanta to invest Rs 10,000 cr more to complete Jharsuguda power projectsThe VAL has also plans to set up an Aluminium Park in Jharsuguda at an estimated cost Rs 15000-Rs 20000 cr that will co-locate multiple dow...
- Hindalco raises Rs 7,875 cr for aluminum smelter plantHindalco raised the loan from a syndicate of 31 banks on a floating rate basis for a tenor of 12.75 years.
- Nalco, JSW, JP Ind plan to set up Rs10,000-cr alumina projectNational Aluminium Company (Nalco), JSW Steel and Jaiprakash Industries have evinced interest in setting up an alumina refinery and alumini...
- Hindalco to invest over Rs 19,800 cr for capacity expansionHindalco Industries, the flagship company of the Aditya Birla Group, today said it will invest over Rs 19,800-crore in the next three years...
- NALCO alumina unit slumps, shutdown unlikelyIndia's National Aluminium Co Ltd scaled back operations at its Orissa alumina refinery by half from Saturday because of a coal shortage, b...
- NALCO to invest Rs 30,000 cr to build smelter in IndonesiaState-run National Aluminium Company (NALCO) plans to invest a whopping Rs 30,000 crore over the next five years for setting up a smelter a...
- Rs 9,000 cr UAE investment in Andhra alumina projThe government of Ras Al Khaimah is planning to invest Rs 9,000 crore ($2 bn) in Andhra Pradesh.
- No alumina production at NALCO's DamanjodiAlumina production in state state-owned NALCO refinery at Orissa's Damanjodi stopped with employees going on a 24 hour-strike protesting Ce...
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