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Top Stories
India's coal power share declines to 65.7% as renewable generation hits record high
SupplementAL
India's electricity mix underwent a notable shift in July as record renewable energy generation reduced coal's share of power production to its lowest level in a year, even as overall electricity demand continued to climb. Government data showed renewable energy generated 36.25 billion kilowatt-hours (kWh) during the month, marking a 30 per cent increase from July last year and raising its share in the country's power mix to 20 per cent. At the same time, coal's contribution declined to 65.7 ...
India’s 8.25% aluminium import levy pushes MSME raw material costs higher despite domestic metal surplus
Downstream
India may be the world’s second-largest producer of primary aluminium, but for thousands of small manufacturers further down the value chain, access to domestically produced metal at globally competitive prices remains a pressing concern. The issue has returned to the centre of India’s aluminium policy debate, with import-parity pricing and the effective 8.25 per cent import levy on primary aluminium increasingly being cited by downstream manufacturers as factors raising their raw material cos ...

Primary AL
National Aluminium Company Limited (NALCO) reported a sharp increase in revenue and profit for the quarter ended June 30, 2026, driven by higher aluminium prices and improved operational efficiency. The state-owned aluminium producer also recommended a final dividend of INR 1 (USD 0.011) per equity share for FY26, taking the total dividend for the year to INR 11.50 (USD 0.12) per share. On a standalone basis, revenue from operations rose 39.28 per cent year-on-year to INR 53 billion (USD 557 ...
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Aluminum Association applauds trump administration action to secure critical materials supply chains
Recycled AL
03 Aug 2026
The Aluminum Association today welcomed President Trump's memorandum calling for strengthened domestic supplies of recoverable critical minerals and materials. The memo directs the Commerce Secretary to take “all appropriate action under section 101 of the [Defense Production] Act” to “secure the supply of recoverable Critical Minerals and Materials.” Aluminium is one of only a handful of materials included on every government critical minerals list. The Aluminum Association has called for ta ...
Vedanta Aluminium opens post-demerger chapter with 205% profit surge and record 632 KT output
Primary AL
03 Aug 2026
Vedanta Aluminium Metal Limited has opened its first full reporting chapter as an independent listed aluminium producer with record production and sharply higher earnings. For the quarter ended June 30, 2026 (Q1 FY27), the company reported profit after tax (PAT) of INR 65.97 billion, up 205 per cent year-on-year and 33 per cent sequentially, alongside its highest-ever quarterly aluminium production. The numbers put both scale and profitability at the centre of Vedanta Aluminium’s post-demerge ...
Alba sets new benchmark for safety excellence as first aluminium smelter in the Middle East to join LEEA’s accredited training scheme
Sustainability
03 Aug 2026
Aluminium Bahrain B.S.C. (Alba), the world's largest aluminium smelter on one site, has achieved another significant safety milestone by becoming the first aluminium smelter in the Middle East to join the Lifting Equipment Engineers Association (LEEA) Accredited Training Scheme (ATS), cementing its position as an industry leader in workplace safety, operational excellence and workforce development. The achievement places Alba among the region's pioneering organisations authorised to deliver L ...
Arun Misra named Vedanta CEO as company posts 72% rise in June-quarter profit
SupplementAL
03 Aug 2026
Vedanta Ltd has appointed Hindustan Zinc Chief Executive Officer Arun Misra as its new Chief Executive Officer for a one-year term beginning August 1, as the diversified mining company reported a 72 per cent year-on-year increase in consolidated net profit for the June quarter, supported by higher metal prices across its key businesses. Misra, who currently heads Hindustan Zinc, will step down from that role to lead Vedanta following the board's approval of his appointment. The strong quarte ...
LME aluminium reverses previous gains as alumina Platts rises 2.55%, inventories continue to fall
Primary AL
03 Aug 2026
London Metal Exchange (LME) aluminium prices moved lower on July 31 after recording gains in the previous session. Both cash and forward aluminium contracts declined, while warehouse inventories continued to fall. In contrast, the LME alumina Platts price increased. The LME aluminium cash bid price fell 1.05 per cent to USD 3,195 per tonne from USD 3,229 per tonne on July 30, while the cash offer price declined 1.08 per cent to USD 3,196 per tonne from USD 3,231 per tonne. Explore- Most com ...
PBOC releases easing signals, aluminium price upside room limited amid supply-demand and geopolitical game
Primary AL
03 Aug 2026
Futures: The most-traded SHFE aluminium 2609 contract closed at RMB 23,665 per tonne, unchanged from the previous day's settlement price, with a change of 0.00 per cent. The intraday opening was RMB 23,600 per tonne, and it fluctuated within a range of RMB 23,550-23,695 per tonne. The price traded above MA5 (23,519.00), MA10 (23,371.00), and MA30 (23,142.83), but below MA60 (23,787.83). The medium and long-term moving averages as a whole maintained a bearish alignment and continued to press do ...
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