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SPECIALITY ALUMINA
Metal stocks: Time to contradict analyst expectations? 5 metal stocks with upside potential from a low 2% to a high of 17%For a long time, there was a familiar pattern in the metal sector. When prices were high and times were good, companies borrowed heavily to...
Hindalco commissions India’s first Superfine PPT ATH plant in KarnatakaHindalco Industries has commissioned India's first Superfine PPT ATH manufacturing plant. This new facility at Belagavi will meet domestic ...
Aluminium was once costlier than gold, with one pound priced at $550. French Emperor Napoleon III’s favourites used aluminium cutlery. One 1886 invention made in an Ohio woodshed, changed its fateBelieve it or not, aluminium was once pricier than gold. Yes, you read that right! In the middle of the 19th century, one pound of aluminiu...
Have metal stocks’ dependence moved from Chinese apartments to world's power grid? 5 metal stocks with upside potential of up to 34%Weak Chinese growth has traditionally been a warning signal for metal stocks. Yet, the latest disappointing data from China has caused only...
Hindalco shares in focus after subsidiary acquires US-based AluChem for $125 mnHindalco's subsidiary has acquired US-based AluChem for $125 million, marking its entry into the low-soda tabular alumina space. The move b...
Refractory Shapes shares list at 142% premium on NSE SME platformRefractory Shapes had a successful debut on NSE SME, listing at Rs 75 with a 142% premium. The IPO of 60 lakh shares was oversubscribed by ...
Nalco agrees to sell alumina to Vedanta’s ‘foreign’ entitiesNalco was unwilling to settle citing the reluctance of officials to take any decision to this effect. Today, the bench formally passed an o...
Nalco to scan sites in Iran, Qatar for smelter unit next monthNalco can transport alumina from either its refinery in Odisha or its proposed unit which is expected to come up in Kutch (Gujarat).
Supreme Court sets aside land allotment made by Narendra Modi government as ‘arbitrary’Supreme Court set aside a 40 acre land allotment in Kutch district permitted by Modi govt to Alumina Refinery Limited for a sum of Rs 1.20 ...
Vedanta commissions world's first red mud powder plant in OdishaVedanta Aluminium has commissioned a red mud powder producing unit at Lanjigarh refinery in Odisha.
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 targets 10% higher sales turnover in FY'14Nalco has signed an MoU with the Ministry of Mines, on production and financial targets for the 2013-14 financial year.
- GMDC, Alumina Refinery in JV for value addition
This is the 3rd JV by GMDC that has been cleared by the state department of Industries & Mines. The earlier 2 JVs were for Flourspar and Ze...
- Nalco's 'world-class' R & D centre by mid-2012
State-owned aluminium major Nalco is set to establish a Research and Technology Centre here by the middle of 2012 to help augment growth of...
- Rio Tinto plans to set up alumina unit in Gujarat
Global mining major Rio Tinto is all set to enter Indian manufacturing space.
- Almatis to buy ACC’s 40% stake in JV
Germany-based Almatis GmbH is acquiring 40% stake of cement major ACC in their JV Almatis ACC for an undisclosed price.