October 14, 2026
Home Posts tagged Aluminium
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India’s Aditya Birla Group has proposed investing an additional $1.26 billion to significantly expand its alumina refinery at Kansariguda in Odisha. The project, to be carried out by Hindalco Industries, aims to increase the refinery’s production capacity from its current level to 3 million metric tons per year, strengthening the company’s presence in the Continue Reading
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Hindalco Industries expects its U.S. unit, Novelis, to deliver steady earnings of approximately $500 per tonne in fiscal 2027, recovering from a challenging year disrupted by a fire at its Oswego plant in New York. The fiscal 2026 disruptions resulted in a one-time fourth-quarter charge of 41.71 billion rupees ($437.59 million), holding adjusted EBITDA to […]Continue Reading
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India’s aluminium recycling industry is facing significant disruption as the Middle East conflict curtails the flow of imported scrap, a key raw material for secondary producers. The country relies heavily on imports from regions including the Middle East, which accounts for nearly 30% of shipments, making the supply chain particularly vulnerable to geopolitical tensions. Continue Reading
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A leading industry body representing small and mid-sized recycling firms has approached the Prime Minister’s Office (PMO), seeking the removal of the 2.5% import duty on aluminium scrap. In a letter dated March 26, the Material Recycling Association of India (MRAI) highlighted that the tariff is increasing input costs and putting pressure on working capital, […]Continue Reading

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