NewsRack: 'aluminium' news in 'Issues' topic for user esg

Domestic firms worried as non-ferrous metal imports see big jump	15.10.2018	Financial Chronicle
kolkata India is well endowed with minerals. It’s a treasure trove of 95 minerals, including fuel, atomic, metallic and non-metallic and minor minerals. The mining sector offers tremendous potential and presents a vast opportunity for investors to mine the unexplored regions. In a world governed by increasing volatility, those trading in minerals and metals require absolute clarity in the prices, information and forecasts they receive. Massive rise in imports in India have hugely affected domestic non-ferrous base metal manufacturing sector, particularly copper, aluminium, zinc, lead, nickel etc. Trade deficit in this sector which is significantly import for India’s construction, automobile, electricity and household sectors, has increased almost three times from $0.9b in FY10-11 to $2.6b in FY17-18. Worst hit was copper where a trade surplus of $1.2b in FY10-11 has turned into trade deficit of $1.1b in FY17-18. The increasing trend of imports of non-ferrous metals to India with support from FTAs is a ...
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Japan's Sumitomo to focus on battery material supply to Panasonic, Toyota	13.9.2018	Reuters: Money News
Japan's Sumitomo Metal Mining Co Ltd (SMM) plans to focus on two key customers for its battery materials, Toyota Motor Corp and Panasonic Corp, supplier of car power packs to Tesla Inc, SMM's new president said.
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Rio Tinto falls as profit miss highlights cost concerns	1.8.2018	Reuters: Money News
Global miner Rio Tinto said on Wednesday its first-half profit grew 12 percent, missing estimates and sending its shares lower even though it earmarked an additional $1 billion to buy back London-listed stock.
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Rio Tinto shares sink after first-half profit miss; adds $1 billion to share buyback	1.8.2018	Reuters: Money News
Global miner Rio Tinto said on Wednesday its first half profit grew 12 percent, missing estimates and sending shares lower even though it earmarked an additional $1 billion to buy back London-listed stock.
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Rio Tinto first-half profit misses estimates with 12 percent jump; adds $1 billion to share buyback	1.8.2018	Reuters: Money News
Global miner Rio Tinto said on Wednesday its first half profit grew 12 percent, missing estimates and sending shares lower, but earmarked an additional $1 billion to buy back London-listed stock.
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Vedanta first-quarter profit misses estimates	31.7.2018	Reuters: Money News
Vedanta Ltd, the Indian unit of diversified mining group Vedanta Resources Plc, missed analysts estimate for first-quarter profit, as closure of its copper smelter in South India offset higher volumes at its aluminium and oil & gas ...
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Manufacturing of Defence Products	25.7.2018	Govt of india: PIB
Ordnance Factories manufacture various products like Artillery Guns, Small Arms, Mortars, Naval Guns, Tanks and Variants, Infantry Combat Vehicles and Variants, Mine Protected Vehicles, Logistic & Special Purpose Vehicles, Ammunition, Explosives, Parachutes, Troop Comfort Equipment and Day / Night Vision Devices for Armed Forces and internal security.
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Union Minister of Mines Shri Narendra Singh Tomar releases book titled ‘Aluminium: The Future Metal’ at the 4th National Conclave on Mines & Minerals at Indore	13.7.2018	Govt of india: PIB
The Union Minister of Mines, Rural Development and Panchayati Raj Shri Narendra Singh Tomar released a book titled ‘Aluminium: The Future Metal’, authored by Dr. Tapan Kumar Chand, CMD, NALCO.
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China and Russia hit back at Trump tariffs	7.7.2018	Central Chronicle
Beijing, China has hit back after US tariffs on Chinese goods came into effect and President Donald Trump threatened to impose more, a BBC News report said. China’s commerce ministry said it had lodged a new complaint with the World Trade Organisation (WTO).Meanwhile, Russia has announced extra duties on US imports in retaliation for earlier US […]
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Dr. T.K Chand gets Knowledge Excellence Award for Outstanding Contribution in Aluminium Knowledge domain	7.7.2018	Govt of india: PIB
Dr. Tapan Kumar Chand, CMD, NALCO, called upon industry leaders, policy makers and stakeholders in the Aluminium value chain to scale up production of the ‘wonder metal’ to meet the rising demand as consumption of Aluminium is poised to reach 10 million tons in the next decade.
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As consumer demand revives, commodities plunges into supply crisis	29.6.2018	DNA: Bangalore
As consumer demand revives, commodities plunges into supply crisis
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Anrak steps up efforts to commission refinery	22.6.2018	Hindu: News
In talks with consortium of lenders; to source bauxite ore from outside A.P.
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Private sector must play key role in exploration of the deep seated minerals	21.6.2018	Govt of india: PIB
The Union Government has allowed 100 per cent Foreign Direct Investment (FDI) in the mining sector and exploration of metal and non-metal ores under the automatic route, which will propel growth of this sector.
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'How many people can they kill,' asks Niyamgiri tribe as Vedanta faces another Sterlite-like challenge in Odisha	13.6.2018	DNA: Top News
After deadly clashes in Tuticorin forced Tamil Nadu to shut a copper smelter run by Vedanta Resources, the company faces another challenge 1,000 miles away, where axe-toting tribesmen and environmentalists have joined forces to demand the closure of an alumina refinery. An alliance of activists and local people have for years blocked London-listed Vedanta's plans to mine bauxite in the green, jungle-clad Niyamgiri hills of eastern Odisha state, which the tribespeople consider sacred. The killing by police of 13 people protesting against the copper smelter in Tamil Nadu has given fresh impetus to their campaign to also close the Odisha refinery run by the company's Indian unit, Vedanta Ltd. The company is seeking to expand the plant. "We'll shed our blood for Niyamgiri, we will die for Niyamgiri," tribal leader Lado Sikaka, carrying an axe hooked onto his shoulder blade in the fashion of men from his community, told a crowd of several hundred at a rally near the refinery, in the remote town of Lanjigarh, ...
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"Will Die For Niyamgiri": A Sterlite-Like Crisis For Vedanta In Odisha	13.6.2018	NDTV News - Top-stories
After Tamil Nadu shut a copper smelter run by Vedanta Resources following deadly protests, the company faces another challenge 1,000 miles away, where axe-toting tribesmen and environmentalists have...
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Insight: 'Avatar' tribe poses second challenge to Vedanta after deadly India protests	13.6.2018	Reuters: Money News
LANJIGARH, India (Reuters) - After Tamil Nadu shut a copper smelter run by Vedanta Resources following deadly protests, the company faces another challenge 1,000 miles away, where axe-toting tribesmen and environmentalists have joined forces to demand the closure of an alumina ...
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Bauxite mining back in limelight	11.6.2018	Hindu: Visakhapatnam
NALCO plans to approach government for grant of mining blocks
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Sterlite shooting may dent Vedanta's brand image	7.6.2018	Rediff: Business
The brand image, however, may not tarish further as it will have already taken the beating due to consistent injury
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Tuticorin shootings: What's in store for Vedanta's shareholders?	6.6.2018	Rediff: Business
Vedanta Resources has huge interests in India. The promoter and majority shareholder of Vedanta Resources, Anil Agarwal, also founded Sterlite Industries.
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Pawan appalled by water quality in Agency	6.6.2018	Hindu: Medicine & Research
Collects sample for analysis in a laboratory in Hyderabad
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