Industry News

Hindalco Industries Q4 Results: Standalone profit falls 48% YoY to Rs 832 crore

Hindalco Industries Q4 Results: Standalone profit falls 48% YoY to Rs 832 crore Hindalco Industries reported a 37 per cent …
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Jindal Aluminium upholds its No.1 position as India’s largest Aluminium extrusion company

Jindal Aluminium upholds its No.1 position as India’s largest Aluminium extrusion company Jindal Aluminium has produced a record 1,06,000 metric …
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Gargi HA receives 35th Jamnalal Bajaj Award

Gargi HA receives 35th Jamnalal Bajaj Award Gargi HA has received 35th Jamnalal Bajaj Award for Fair Business Practice 2023 …
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India ripe target for EV companies but domestic take up slow: S&P Global Ratings

India ripe target for EV companies but domestic take up slow: S&P Global Ratings India is a ripe target for …
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International Conference on Automotive Materials and Manufacturing (AM&M 2023)

International Conference on Automotive Materials and Manufacturing (AM&M 2023) ARAI is organizing fourth edition of International Conference on Automotive Materials …
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Lithium reserves found in Rajasthan

Lithium reserves found in Rajasthan On February 9, the first Lithium discovery was made in the Reasi district of Jammu …
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Light Vehicle Sales: India slips to 4th position

Light Vehicle Sales: India slips to 4th position India has slipped to the fourth rank in light vehicles sales globally …
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ASI certifies Hindalco Industries’ Taloja Works against Performance Standard.

ASI certifies Hindalco Industries’ Taloja Works against Performance Standard. Aluminium Stewardship Initiative (ASI) announced that Hindalco Industries Ltd has been …
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EV sales cross 1 million in FY23, two-wheelers lead the way

EV sales cross 1 million in FY23, two-wheelers lead the way Electric vehicle sales in India crossed the one million …
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Peru sees copper production boost in 2023, lithium permissions pending

Peru sees copper production boost in 2023, lithium permissions pending The country mined some 2.44 million tonnes of copper in …
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NALCO-BARC Releases India’s 1st Bauxite CRM

NALCO-BARC Releases India’s 1st Bauxite CRM National Aluminium Company Limited (NALCO), under Ministry of Mines, Govt. of India and country’s …
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Vedanta’s total aluminium production remains flat YoY in Q4

Vedanta’s total aluminium production remains flat YoY in Q4 Anil Agarwal’s Vedanta Ltd shared its business and production update for …
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Vedanta’s Hindustan Zinc Limited Signs MoU with RCA to set up Anil Agarwal International Cricket Stadium in Jaipur.

Vedanta’s Hindustan Zinc Limited Signs MoU with RCA to set up Anil Agarwal International Cricket Stadium in Jaipur. Vedanta’s Hindustan …
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International Women’s Day Celebration

International Women’s Day Celebration Great Diecasting Technology Forum celebrated IWD on 8th March 2023. Mrs. Sarika Mahashabde, the managing director …
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ASK CHEMICALS’ VOC-REDUCTION SOLUTIONS

ASK CHEMICALS’ VOC-REDUCTION SOLUTIONS ASK Chemicals , a leading global producer of high-performance chemicals and materials, offers customized solutions to …
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SKF in India Marks its 100th Anniversary Milestone

       SKF in India Marks its 100th Anniversary Milestone 2023 marks the 100th anniversary for SKF in India, …
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Union Budget FY24, the first budget of Amrit Kaal…

Union Budget FY24, the first budget of Amrit Kaal (the 25 years in the run-up to 2047 when Independent India …
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This Budget is one of the best budgets ever,…

“This Budget is one of the best budgets ever, truly inclusive and addresses the aspirations of every section of society …
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The green-growth oriented Budget 2023 reflects resilience and a high probability of emerging as a USD 5 trillion economy,

“The green-growth oriented Budget 2023 reflects resilience and a high probability of emerging as a USD 5 trillion economy, while …
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The budget has laid down a promising path for the nation’s green growth…

“The budget has laid down a promising path for the nation’s green growth, clearly identified as one of the seven …
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A budget towards Rupees Seven Trillion Economy

A budget towards Rupees Seven Trillion Economy The recently presented Union Budget 2023 (which some called it is a pre-election …
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Indian Railways is the largest consumer of steel in India…

“Indian Railways is the largest consumer of steel in India. Now, railway budget has been clouded with Union budget. We …
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Budget 2023-24 will lay the foundation for a glorious Amrit Kaal.

Budget 2023-24 will lay the foundation for a glorious Amrit Kaal. Strengthening macroeconomic stability has been a cornerstone of the …
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Bühler observed a profitable growth in 2022 .

Bühler observed a profitable growth in 2022 . In 2022, Bühler expanded its business and improved profitability in an uncertain …
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Vedanta inks pacts with 30 Japanese firms to develop Indian semiconductor manufacturing ecosystem.

Vedanta inks pacts with 30 Japanese firms to develop Indian semiconductor manufacturing ecosystem. Vedanta Group on Tuesday said that it …
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Hindustan Copper Signs Pact for Collaboration with Mines Technology Institute in India

Hindustan Copper Signs Pact for Collaboration with Mines Technology Institute in India State-owned Hindustan Copper Limited (HCL) and the Indian …
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Mercedes-Benz to source Green Aluminium from Hydro

Mercedes-Benz to source Green Aluminium from Hydro As part of its key milestone towards enabling a green aluminium supply chain, …
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Rusal looks to supply additional low-carbon aluminium in China.

Rusal looks to supply additional low-carbon aluminium in China. Russian aluminium company United Co Rusal International is considering supply of …
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Chile copper production down 5.5% in November

Chile copper production down 5.5% in November The agency said the drop was partly due to lower ore grade and …
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Canada announces $20m investment in E3 Lithium

Canada announces $20m investment in E3 Lithium E3 plans to use the funding to support the development of its lithium …
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Canada unveils $2.78bn critical minerals strategy

Canada unveils $2.78bn critical minerals strategy The strategy aims to boost production and processing of the critical minerals, including lithium, …
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St George Mining and battery giant SVOLT to jointly explore lithium projects

St George Mining and battery giant SVOLT to jointly explore lithium projects The firms will also consider joint development of …
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Vale in advanced talks with strategic partner for base metals unit.

Vale in advanced talks with strategic partner for base metals unit. Vale’s base metal unit is estimated to have capital …
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Government to assess appetite of foreign funds in Hind Zinc before stake dilution

Government to assess appetite of foreign funds in Hind Zinc before stake dilution The government will assess the appetite of …
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Aluminium industry operating margin to decline due to higher production : CRISIL

Aluminium industry operating margin to decline due to higher production : CRISIL Operating margins of Indian primary aluminium producers is …
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Odisha CM Naveen Patnaik lays foundation stone of Vedanta Aluminium Park

Odisha CM Naveen Patnaik lays foundation stone of Vedanta Aluminium Park Odisha’s chief minister Naveen Patnaik on Thursday laid the …
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CSR: Hindustan Zinc fights back the Scare of Lumpy Skin Disease through its ‘SAMADHAN’ Project

More than 24,000 medicinal kits and 35,000 pamphlets sharing key details and information about Lumpy Skin Disease were distributed among …
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Vedanta BALCO tests biodiesel as green fuel alternative

Vedanta-controlled Bharat Aluminium Co. Ltd (Balco) has successfully conducted trial runs for using biodiesel in smelter operations. In the pilot, …
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Copper prices climb as Peru disruptions fuel supply concerns

Copper prices rebounded on Friday as production disruptions in Peru, the world’s second-largest copper producer, sparked fresh concerns over supply …
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Vedanta Lanjigarh-supported Shaktimayee group of women entrepreneurs completes 6 years

Vedanta Limited, Lanjigarh, India’s premier producer of metallurgical grade alumina, recently observed the 6th Shaktimayee Foundation Day. The event celebrated the …
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ASI endorses mission possible partnership’s strategy for Aluminium sector

The Mission Possible Partnership (MPP)’s Aluminium Transition Strategy is a plan that MPP underscores as ambitious but achievable, detailing what the global aluminium …
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India’s Li-ion battery demand to grow to 70 GWh by 2030

India’s Li-ion battery demand will grow from the current stage of 3 GWh to 20 GWh by 2026 and 70 …
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India mulls Rs20,000-cr aid to manufacture grid-scale batteries

India’s power ministry is proposing a nearly $2.5 billion incentive plan to encourage domestic manufacturing of grid-scale batteries, aiming at bringing down …
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Vedanta champions ‘Made in India’ aluminium in Germany

Vedanta Aluminium, India’s largest producer of aluminium, champions Made in India aluminium at the ‘ALUMINIUM 2022’ World Trade Fair in …
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Codelco’s copper output to fall further in 2023

Chile’s Codelco, the world’s largest copper producer, expects its output of the red metal to fall further next year amid …
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Aluminium prices set to rebound as global deficit looms: Report

Aluminium prices have plunged around 45 per cent from March 2022 peak to around $2,400 per tonne now, driven by …
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World’s most prestigious Half Marathon is now Vedanta Delhi Half Marathon

Vedanta to be title partner of the marathon for next 5 years; #RunForZeroHunger movement aims to make India malnutrition free …
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Emirates Global Aluminium delivers net profit of $1.60bln in first half

Emirates Global Aluminium (EGA) reported its best ever half-year earnings as strong operational performance throughout the value chain enabled the …
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Hindalco Industries earmarks about $8-bn capex over next 5 yrs: K M Birla

Birla further said that 70 per cent of the company’s consolidated cash flows will be allocated towards high-growth downstream segments …
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China’s may aluminium imports drop 16% year on year

  China’s aluminium imports in may fell 16.4 per cent from the same month a year earlier, government data showed …
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Alu Smelters’ profits declined amid plummeting prices

  In terms of raw materials, alumina prices inched lower last week. Despite a mild rally of thermal coal prices, …
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Demand, margin worries weighing on aluminium prices

  The global aluminium supply and demand situation may have altered for the worse. Prices have dropped 35 per cent in the …
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Sterlite Copper puts Tuticorin Copper smelter on sale

  Vedanta Group company, Sterlite Copper has issued advertisements about the sale, inviting Expressions of Interest for the Tuticorin plant, …
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To accelerate EV push, battery solutions per Indian needs

  NITI Aayog, DST meet battery makers, academia amid incidents of electric two-wheeler fires; govt, industry plan open source battery …
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Scientists Develop Tin-Lead Perovskite Cells to Enhance Efficiency and Stability

Scientists at the National Renewable Energy Laboratory (NREL) of the U.S. Department of Energy have created a tin-lead perovskite cell that solves …
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Hindalco doubles Q4 net profit as India biz shines

Aditya Birla group company Hindalco Industries Ltd announced its consolidated March quarter results with net profit nearly doubled to a …
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EGA welcomes global aluminium leaders to Dubai for industry meet

United Arab Emirates: Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside of oil and gas, …
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Global aluminium output flat y-o-y at 5.599 mln T in April -IAI

Global primary aluminium output in April was unchanged year on year at 5.599 million tonnes, data from the International Aluminium …
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International Aluminium Institute issues update to Red Mud sustainable use guidelines

The International Aluminium Institute published its revised guidelines for sustainably managing bauxite residue or “red mud,” updating its Bauxite Residue …
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India’s shift to electric vehicles will lead to more copper imports

India’s import dependence on copper will go up with the rapid adoption of electric mobility and shift to renewable energy …
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Vedanta Aluminium To Source 380 MW Green Power for Smelters

Vedanta Aluminium on Monday announced it will source 380 MW of green power on a long-term basis for its smelters …
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Hindustan Copper draws up Rs 5,500-crore ore expansion capacity

Hindustan Copper draws up Rs 5,500-crore plan to expand its ore capacity The company targets to complete the fist phase …
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Copper prices declining on demand concerns

Copper prices were under pressure Monday morning, with London Metal Exchange (LME) three-month metal falling below the $10,000 per tonne …
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Chile’s mining sector contracts in March as local copper production falls 5%

According to Chile’s National Institute of Statistics (INE), the country’s Industrial Production Index (IPI) increased 0.8% in March 2022 due …
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Copper price falls to 5-month low on China lockdown worries

The copper price slipped on Monday as covid-19 lockdowns in China and prospects of aggressive US rate hikes fuelled recession …
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Antofagasta expects high copper prices for next 12 months, CEO says

The copper market has solid fundamentals despite current market volatility and will maintain high prices for at least the next …
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Govt recommends continuation of anti-dumping duty on Chinese Aluminium foil

The commerce ministry has recommended the continuation of anti-dumping duty on Chinese aluminium foil, used in food and pharma sectors, …
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Rising energy cost and supply disruption impact on aluminium prices: Icra

Global aluminium prices have jumped a sharp 18% in March so far compared to those at the end of January, …
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Aluminium Stewardship nitiative Certifies Magna BDW Die Cast Plant In Germany

Trade group Aluminium Stewardship Initiative announced this week the certification of the Magna BDW technologies GmbH Markt Schwaben plant in …
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Novelis Aluminium Beverage Can Recycling Plant achieve milestone in Korea

Atlanta’s rolled aluminium firm Novelis announced that its subsidiary Novelis Korea has reached the milestone of recycling 2 million short …
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IAI release study on Aluminium’s Significant Contribution to a Circular Economy

Industry trade group International Aluminium Institute (IAI) released a report this week detailing a study that shows aluminium beverage containers …
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The Net-Zero shift starts With Low Carbon Aluminium

2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both businesses …
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Primary Aluminium demand will increase over 40 pc by 2030 : IAI report

As per the International Aluminium Institute recent report predicted a jump of 40 percent in aluminium demand by the end …
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Vedanta Shuts Thermal Power Unit, Gridco In a Spot

Vedanta Limited has shut down the second unit of its 4X600 MW Jharsuguda thermal power plant from Sunday last which …
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Vedanta Aluminium Business To Bring Two Mines Into Operation

Vedanta’s aluminium business, which has not been impacted majorly by COVID-19, would focus on backward integration in the next fiscal …
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Crisil Upgrades Vedanta’s Credit Rating; Outlook Revised To Stable

Crisil has upgraded its rating on the long-term bank facilities and debt instruments of Vedanta Ltd to ‘AA’. Instruments with …
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Hindalco PAT Jumps 96% In December Quarter, Stands At Rs 3,675 Crore

Hindalco Industries Ltd, Aditya Birla Group’s metals flagship company reported a 95.7 per cent jump in consolidated profit after tax (PAT) …
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Vedanta Launches Green Aluminium

Vedanta unveiled two product lines — Restora (low-carbon aluminium) and Restora Ultra (ultra-low carbon aluminium) –under the new brand. A …
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ASK Chemicals Group completes acquisition of the industrial resin business

ASK Chemicals Group completes acquisition of the industrial resin business ASK Chemicals Group has completed the acquisition of the industrial resins …
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Asian Foundry Summit 18th November 2021

Asian Foundry Summit 18th November 2021 As you may be knowing ‘Metalworld’ is the most authentic and popular publication in …
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Indian Aluminium Summit, 29th July (Zoom Platform)

‘Indian Aluminium Summit’ brings all the stakeholders on one platform ‘Metalworld’, the flagship magazine of a leading business media house …
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