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SMELTING REFINERY
Hindalco doubling down on upstream capacities with substantial investments in aluminium, copper smeltingHindalco is significantly boosting its upstream capabilities with major investments in aluminium and copper smelting across India. Expansio...
Hindalco to spend $10 billion on expanding operations in India and US: KM BirlaHindalco Industries plans to invest $10 billion in expanding its capacities across India and its US subsidiary Novelis Inc, as announced by...
Commodity prices won't soften anytime soon: Vedanta CEO Sunil DuggalMeanwhile, as India's demand for metals such as nickel and cobalt rises with the eventual mainstreaming of electric vehicles, Vedanta is sc...
Lower aluminium prices not really sustainable in the long run: S K Roongta"China will continue to be the major driver of aluminium demand across the globe."
Alumina supply glut fears send Nalco stock crashingConcerns of a global supply glut of alumina sent Nalco investors panicking
Nalco to consider selling alumina to VedantaSenior officials of Nalco said the firm would consider allow Vedanta to participate in its alumina tenders.
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...
- Sunil Duggal to take over as new CEO of HZL
Duggal's elevation to the top job at HZL comes as current CEO Akhilesh Joshi set to take over as whole time director of the company and Pre...
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...
- Hi-powered Zambian delegation visits Hindustan Zinc to discuss exchange of technology
The vice president of Zambia Dr. Guy Scott visited the facilities of Vedanta Group company Hindustan Zinc, one of largest integrated zinc p...
- Hindustan Copper Ltd mulls Rs 2,000-crore smelting refinery in Vizag
Hindustan Copper Ltd (HCL) is mulling a six lakh tonne per annum smelting refinery in Visakhapatnam by investing about Rs 2,000 crore.
- Alcoa in talks with Indian companies to sell surplus alumina
Alcoa entered India in 2001 when it teamed up with Hindalco to bid for Balco, which was eventually acquired by Sterlite Industries.
- Vedanta to focus on Jharsuguda smelter plant expansion
Vedanta Aluminium has decided to focus on completing its aluminium smelter plant at Jharsuguda in Orissa to achieve its targeted capacity o...
- Oz mine reopening may cool zinc & nickel prices
Global zinc and nickel supplies are likely to ease this week with Australian zinc mine Century and nickel refinery QNI slated to reopen thi...
- Jindal South's aluminium refinery plan hits hurdle
Jindal South West Aluminium’s investment plan of Rs 9,000 crore to establish 1.4 million tonne alumina refinery and 0.25 million tonne alum...
- Sterlite surges over 8% as Vedanta drops restructuring
Sterlite Industries India Ltd has decided not to pursue the proposed restructuring scheme, in view of the recent changes in the global fina...
- Hindalco to invest over Rs 19,800 cr for capacity expansion
Hindalco Industries, the flagship company of the Aditya Birla Group, today said it will invest over Rs 19,800-crore in the next three years...