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ALUMINIUM SMELTER INVESTMENT
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 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...
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 ...
Hindalco, Nalco shares jump up to 5% after aluminium prices hit 4-year high. Where is metal headed?Hindalco and Nalco shares climbed as aluminium prices hit a four-year peak. Geopolitical tensions in Iran and possible production curbs in ...
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...
Aluminium prices near record high: What’s driving the rally?Aluminium prices are trading near multi-year highs due to persistent structural supply tightness, not temporary factors. Stricter environme...
Aluminium supply fears escalate after Iran hits Gulf plantsThe strikes mark another blow to the region's commodity sector, with exports already constrained by the effective closure of the Strait of ...
Hindalco announces Rs 21,000-cr aluminium smelter expansion in OdishaHindalco Industries is investing 210 billion rupees to expand its aluminium smelter in Odisha. The company has also commissioned a new faci...
Vedanta in process of acquiring land for 3 MTPA aluminium smelter in OdishaVedanta is actively acquiring land in Dhenkanal, Odisha, to establish a new 3 MTPA aluminium smelter, aiming to double its total capacity t...
Vedanta, Jindal stainless to set up manufacturing parks in OdishaIndia's Vedanta Aluminium and Jindal Stainless will be setting up manufacturing parks near their production sites in Odisha, while Essar Ca...
Vedanta to invest over Rs 6,600 cr in 2 years to ramp up Balco's smelter capacity"Vedanta...has announced a major expansion at Bharat Aluminium Company's (Balco) smelter capacity, which will involve an investment of Rs 6...
BALCO gets nod for 1,200 MW power plant in ChhattisgarhThe captive power plant would be in addition to two existing plants, having capacity of 270 MW and 540 MW, respectively.
- Nalco puts proposed project in Indonesia on hold
The country's largest state owned aluminium company has been pursuing plans to invest nearly Rs 16,000 crore set up a aluminium smelter in ...
- Nalco plans Rs 18Kcr investment in aluminium smelter in Odisha
State-owned Nalco is looking to set up a new aluminium smelting facility of 5 lakh tonnes and 1,250 MW captive power plant in Odisha's Sund...
- NALCO plans to invest Rs 57,903 cr on expansion by 2020
State-owned aluminium producer NALCO plans to invest Rs 57,903 crore by 2020 on expansion, including the setting up of two large aluminium ...
- Tata Steel in fresh talks to sell Corus unit
Tata Steel has kicked off fresh talks to sell aluminium smelting biz of its subsidiary, Corus Group, which it bought last year for $12.9 bn...
- Nalco readies $4 bn war chest for global play
Giving a big push to its international operations, the country’s second-largest aluminium maker, National Aluminium Company (Nalco), is rea...
- NALCO to invest Rs 30,000 cr to build smelter in Indonesia
State-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...
- Indonesia tops Nalco list for overseas venture
National Aluminium Company (Nalco) has shortlisted Indonesia as the top country of choice for its maiden overseas venture.