New Delhi, Jan 14
Setting a rule of sorts, Environment Minister M. Veerappa Moily has made it clear that green nod will not be given to a project that is opposed by the local panchayats.
He made this clear...
January 4, 2014
The demand from China for aluminium combined with an economic recovery in the developed markets, could increase the overall demand and help the metal price to recover.
Bhubaneswar, Nov 19
Vedanta Aluminium Ltd has commissioned a red mud powder producing unit at Lanjigarh refinery in Odisha, describing it as first of its kind in alumina industry tackling major environmental hazards.
New Delhi, Nov 2
Prices of copper and nickel fell by Rs 2 per kg at the local non-ferrous base metals market today due to reduced offtake by consuming industries.Traders said falling demand from consuming in...
New Delhi, Sept 29
After 12 gram sabhas completely rejected bauxite mining in the Niyamgiri hills, Vedanta is now looking beyond the area to source raw material for its Rs 5,000 crore Lanjigarh alumina refinery in O...
Bhubaneswar, Sept 27
Despite declining prices and adverse market conditions, aluminium giant NALCO, which posted 4.75 per cent jump in sales turnover at Rs 6,809 crore in 2012-13, has plans for ambitious new ventures,...
Bhubaneswar, June 11
As part of its diversification plans, aluminium major Nalco has set up its second wind power plant with a capacity of 47.6 MW, at Ludarva in Jaisalmer district of Rajasthan.One part of the...
New Delhi, June 2
Bharat Aluminium Company (BALCO), a Vedanta Group company, said on Sunday it has appointed Ramesh Nair as its Chief Executive Officer.Prior to joining BALCO, Nair was with Jindal Stainless...
New Delhi, Jan. 8
Attorney-General’s opinion sought in Hindustan Zinc issue
Mumbai, Dec. 18
Company keen to expand global aluminium automotive capacity
New Delhi, Nov 12
State-owned National Aluminium Company (Nalco) today reported manifold jump in net profit at Rs 179.17 crore for the July-September quarter, primarily due to rise in revenues from chemicals busine...
October 12, 2013
A supply glut amid continued sluggishness in the global economy continues to depress prices of aluminium. The metal is currently trading at $1,836 a tonne on the London Metal Exchange. E...
Bhubaneswar, Sept 28
Aluminium major NALCO has rejected a request to sell surplus alumina to bauxite starved Vedanta for its smelter at Jharsuguda, saying it was against the Navaratna PSU’s policy to supply it in dome...
Mumbai, June 28
Aluminium companies are likely to get a breather in the form of falling bauxite prices driven by the demand slump from China, says experts.Bauxite, which is the key raw material to produce...
Hyderabad, June 3
India’s aluminium production was lower by 16.5 per cent at 1.72 million tonne in 2012-13 fiscal as against the target of 2.06 million tonne, a senior official of the Department of Mines said.<...
Kolkata, May 28
The net profit of the National Aluminium Co Ltd in 2012-13 dropped to Rs 593 crore from Rs 850 crore in 2012-13.
Higher production and sale of alumina, however, propelled Nalco’s...