Iochpe-Maxion, a global manufacturer of automotive wheels and structural components, through its subsidiary Maxion Wheels, announced that it was taking strategic measures to strengthen its light vehicle aluminium wheel business in South America. It had redeployed existing global production assets to ...
The United States is pushing for cleaner, greener energy across all sectors — including aluminium — using federal funding, new technology and expanded recycling to reach net-zero emissions by 2050 while still meeting rising demand. The industry’s main book for decarbonisation comes from the Aluminum ...
Be it clean-energy investments or shifting power-generation targets to strategic recycling alliances and evolving mining frameworks, the aluminium value chain is in a phase of rapid transformation across major markets. Fresh developments in sustainability, supply security, technology upgrades and re ...
Vedanta Limited (VEDL), through its subsidiary, ESL Steel (ESL), is to raise INR 2 billion (USD 223 million) by using 10 to 12 per cent non-convertible debentures. The raise must meet its funding obligations of Vedanta Resources Limited (VRL) of USD 206 million to Konkola Copper Mines (KCM) by the e ...
Chris Bowen, the Federal Energy Minister of Australia, is reportedly pushing the Government agencies to secure a long-term power purchase agreement for Tomago Aluminium’s future. According to Chris Bowen, soaring electricity costs pose severe threat to the nation’s largest aluminium smelter, potenti ...
When the European Union rolled out its Carbon Border Adjustment Mechanism (CBAM) in 2023, a few energy-intensive industries felt the tremors more. Aluminium was one of them, while the rest were iron and steel, cement, fertilisers, hydrogen, and electricity industries. For them, CBAM appeared not jus ...
Metro Mining’s 2025 record has fetched improved figures in bauxite shipping activity, 5.69 million wet metric tonnes (WMT) of bauxite from the Bauxite Hills Operation in northern Queensland from January to November. Ranging from month-on-month (M-o-M) to year-on-year (Y-o-Y) comparison between the r ...
Futures: The most-traded cast aluminium alloy 2602 contract opened higher overnight, hitting a high of RMB 21,200 per tonne before pulling back, then fluctuated upward and closed at RMB 21,175 per tonne, up 0.5per cent from the previous close. It has shown an upward trend with fluctuations recently, ...
Vedanta’s stock has entered a strong momentum zone. The global metal producer hit a new high of INR 542 (USD 6.03) on the BSE on Thursday, December 4, rising 2 per cent in intra-day trade. The stock has now rallied 10 per cent in eight sessions, reflecting a notable shift in investor sentiment. Over ...
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