industry > industry > Aluminium Aluminium Nalco aims to triple turnover to Rs25,000 cr by 2020 27 April 2013 Vedanta proposes alternative sources of bauxite for restarting alumina refinery in Odisha 15 February 2013 China’s Citic Group acquires 13 % in Australia's Alumina for $467 mn 14 February 2013 Hindalco to acquire alumina refinery from Novelis 18 January 2013 Vedanta Aluminium mulls layoffs amid bauxite paucity 19 December 2012 Kobe Steel to manufacture cast aluminum bars in the US 21 November 2012 Vedanta Aluminium resumes refinery operations after 10 days production halt 22 October 2012 BHP Billiton plans sale of Brazilian aluminium assets: report 12 July 2012 Vedanta acquires 24.5 % stake in L&T’s Raykal Aluminium 12 June 2012 Century Aluminum, UTB to buy bankrupt Dutch aluminium producer Zalco 12 June 2012 Rio Tinto to sell Alcan Cable to General Cable Corp for $185 million 21 May 2012 Alcoa lowers China aluminum consumption growth 11 April 2012 Slump forces Alcoa to cut global capacity by 12% 06 January 2012 China's Shenhua invests $21 bn to produce alumina from coal ash 19 December 2011 Rio Tinto to invest $2.7 bn in Canadian smelter operations 02 December 2011 Aluminium association to seek safeguard duty on Chinese imports 19 November 2011 Rio Tinto to sell around $8-bn worth global aluminium assets 17 October 2011 Hindalco to pump Rs10,000 cr into three aluminium projects 24 September 2011 NALCO to power ahead with Rs57,903 expansion 22 August 2011 Nalco granted final forest clearance for bauxite mining in Odisha's Koraput area 25 July 2011 Aluminium at $2,500-$2,700 per tonne range for next 2-3 months: NALCO 10 June 2011 SAIL ex-chief Roongta to head Vedanta's aluminium business 02 June 2011 Hindalco reports over 16 per cent drop in PBT at Rs8,433 crore 01 June 2011 Nalco implementing Rs4,400-crore Phase-2 expansion programme 26 April 2011 Alcoa's first quarter 2011 net profit swells to $308 million 12 April 2011 Niyamgiri tribals keep fingers crossed as Vedanta hearing set to begin 02 February 2011 Vedanta may spurn MoEF offer on Orissa project 20 January 2011 Novelis raising $4 billion to refinance Hindalco debt 13 December 2010 Gujarat Foils, Rusal in JV for Rs14,000-crore aluminium project 29 November 2010 Rusal snubs Interros’ $9-bn offer to buy 25-% stake in Norilsk Nickel 25 October 2010 Government may halt Vedanta's alumina plant expansion 20 October 2010 SC extends stay on operation of Sterlite's Tuticorin plant 18 October 2010 Vedanta to cut capex by $2-bn after Niyamgiri mining ban 08 October 2010 NALCO lines up major expansion, diversification projects to drive growth initiative 01 October 2010 Vedanta says MOEF contradicting itself on clearance 17 September 2010 Hindalco on expansion drive; to double alumina capacity 04 September 2010 BJD lobbies against centre with public rallies as Congress moots Vedanta refinery closure 03 September 2010 Verdict on Vedant: Good environmentalism makes good politics, say analysts 25 August 2010 Government examining penal action against Vedanta 25 August 2010 Government shuts down Vedanta’s Orissa project 24 August 2010 Nalco Q1 net jumps 125 per cent to Rs284 crore 14 August 2010 Hindalco plans to borrow Rs14000 crore for Rs10000 crore capex 09 June 2010 Hindalco’s net profit surges 146 per cent 12 May 2010 Vedanta mulls spinning off aluminium division 15 March 2010 Russia’s Rusal raises $2.24 billion in Hong Kong IPO 25 January 2010 Nalco lines up Rs22,000-core expansion plans 20 January 2010 Rusal to raise up to $2.6 billion in IPO 31 December 2009 Alcoa to develop world's lowest-cost aluminum complex in S Arabia 22 December 2009 Nalco's Rs4,400-crore expansion nearing completion: minister 17 December 2009 Hindalco gets shareholders' nod for Rs2,900 crore bond issue 17 November 2009 Hindalco gets shareholder nod for Rs2,400-crore debenture issue 13 October 2009 Sterlite ups Asarco bid to $1.5 billion; Grupo Mexico outbids with $2 billion 11 August 2009 Vedanta Aluminium to raise Rs10,000 crore for Orissa project 06 June 2009 Government weighs 10-per cent safeguard duty on aluminum product imports 03 June 2009 Chinalco subsidiary Chalco profit plunges 99.9 per cent 31 March 2009 Vedanta to pay $34 million to raise Malco stake to 93 per cent 23 March 2009 India slaps safeguard duties on Chinese aluminum, soda ash 16 March 2009 Vedanta investing Rs70,000 crore for expansion in India 03 March 2009 Sterlite likely to slash Asarco bid to $1.5 billion 03 March 2009 India mulls import duty on Chinese aluminium 03 March 2009 Hindalco plans to raise Rs25,000 crore for expansion: report 19 February 2009 Alcoa reports $1.19 billion loss in Q4; may again cut production 15 January 2009 Alumina to take hit on account of Alcoa write down 14 January 2009 Alcoa to sell 4 units, lay off over 15,000 workers 07 January 2009 Nalco and UAE minerals firm to invest in Indonesian project 23 December 2008 Alcoa emerges top aluminum producer after Swedish stake-swap 23 December 2008 Malco suspends production as aluminium prices plummet 10 December 2008 Ess Dee acquires 90 per cent in ailing India Foils 20 November 2008 Alcoa shelves expansion as aluminium producers cut back production 12 November 2008 Hindalco raises $982 million overseas to repay Novelis loan 07 November 2008 Rusal defaults on $700 million payment for Norsilk stake 25 October 2008 Alcoa to close Texas smelter, lay off 660 workers 01 October 2008 Alfa Laval Sweden wins SEK 150-million order from Vedanta Aluminum for its clean technologies 01 October 2008 Hindalco to invest Rs19,800 croes in multi-location expansion 20 September 2008 Nalco floats tender for appointment of consultants for Rs16,345-crore Orissa project 12 August 2008 Government restores coal supply to Nalco, averts refinery closure 31 July 2008 ABB India wins Rs455-crore smelter order from Vedanta Aluminum Ltd 29 July 2008 Alcoa alliance to stake in bauxite mining and aluminium refinery with Vietnam 26 June 2008 Hindalco plans Rs5,000 crore rights to part-finance Novelis acquisition 21 June 2008 Nalco to invest Rs40,000 crore in expansion, new projects in 5 years 04 June 2008 Rusal acquires 25 per cent stake in Norilsk 25 April 2008 Chinalco, Alcoa acquire 12 per cent blocking stake in Rio Tinto for $14 billion 01 February 2008 JSW Steel introduces galvalume 25 January 2008 Alcoa to sell packaging and consumer businesses to New Zealand's Rank Group 24 December 2007 Nalco to set up aluminium smelter in Indonesia 08 December 2007 BHP Billiton may have to offer a 60-per cent premium for hostile takeover of Rio Tinto 15 November 2007 National Aluminium Company Ltd may set up a half-million tonne aluminium plant in South Africa 19 October 2007 Rio Tinto's $38 billion offer for Alcan gets regulatory approval 19 October 2007 Hindalco completes Utkal acquisition, makes it 100-per cent subsidiary 08 October 2007 Alcoa to shut one, sell two soft-alloy extrusion plants to Golden Aluminum 29 August 2007 US antitrust regulator approves Rio Tinto''s acquisition of Alcan 27 August 2007 Novelis wins $1 billion Rexam contract; to supply sheets to GM 14 August 2007 Vendanta Resources to set up world's single largest smelter at Bharat Aluminium 08 August 2007 Hindalco to acquire Alcan stake in Utkal Alumina 19 July 2007 Rio Tinto''s Alcan acquisition turns spotlight on Alcoa falling to BHP Billiton 13 July 2007 Alcan in merger talks with Rio Tinto, say reports 12 July 2007 Update: Alcan to merge with Rio Tinto under $38.1 billion deal 12 July 2007 BHP Billiton may partner buyout firm for Alcoa bid, say reports 10 July 2007 Rio Tinto plans to counter Alcoa''s $28.6 billion bid for Alcan, says report 07 July 2007 Alcan''s repeated refusal may force Alcoa to raise hostile bid 04 July 2007 Sterlite, Alcan may make hostile bid for Hindalco, say reports 04 June 2007 Hindalco, Sterlite also in race for Alcan, say reports 30 May 2007 Rio Tinto likely to bid for Alcan, says report 28 May 2007 Alcan rejects Alcoa''s $27 billion bid, opens talks with rival bidders 23 May 2007 Alcoa to move anti-trust authorities with Alcan asset sale plan 19 May 2007 Hindalco completes Novelis acquisition formalities 16 May 2007 EU regulators approve Hindalco`s acquisition of Novelis 09 May 2007 Alcoa makes unsolicited $26.9 billion offer for Alcan 07 May 2007 Alcoa may sell its packaging products business 28 April 2007 Chinese aluminum maker to form joint venture with Ashapura Minechem 15 March 2007 Alcoa may be next target in global aluminium consolidation 13 February 2007 Hindalco acquires Novelis for $6-billion 12 February 2007 Orissa signs MoUs worth Rs215,000 crore for steel, aluminium projects 21 December 2006 Sterlite commissions Balco''s Korba aluminium smelter; hikes copper capacity at Tuticorin 04 December 2006 Sterlite to raise Rs12,500 crore; Q2 adjusted net more than triples 16 November 2006 Hindalco in joint venture with Almex for aircraft grade aluminium 01 November 2006 UPA to cancel further Balco stake sale, to return Rs 1,098 crore to Sterlite 31 August 2006 RUSAL-SUAL merger to create a $30 billion Russian aluminum giant 30 August 2006 Aditya Birla group to hike Hindalco stake 29 July 2006 Left to counter Nalco stake sale 24 June 2006 Workers halt production at Nalco's Angul smelter 23 June 2006 Government to divest 10 per cent in Nalco, Neyveli Lignite 22 June 2006 Left warns UPA against moves to disinvest NALCO, NLC 19 June 2006 Hindalco''s Australian subsidiary to raise $218 million from IPO 11 April 2006 Not looking at slashing prices: Nalco 01 March 2006 Hindalco to buy Pennar Aluminium''s assets from ARCIL 16 January 2006 Steel, aluminium prices hiked 04 January 2005 Cabinet okays Nalco expansion plan 14 October 2004 India's aluminium companies to benefit from higher global demand 15 September 2004 Nalco to retire Rs700 crore debt 08 September 2004 Hindalco’s net profit up 44 per cent 27 April 2004 Vedanta Plc to bid for Nalco 02 March 2004 Hindalco ups aluminium price 10 November 2003 Hindalco, Nalco raise aluminium prices by Rs 2,000 per tonne 13 October 2003 Trial production commences at Suzuki Metal India's foundry 08 October 2003 Domestic, ADR issues of Nalco likely to be issued by yearend 24 June 2003 Indian aluminium scrips shine thanks to firm prices on LSE 03 May 2003 Expiry of holding funds with LME pushes aluminium prices up 03 February 2003 Indal net profit at Rs 288 million in Q3; exports improve by 12% 25 January 2003 Hindalco increases its stake in Indian Aluminium to 94.3% 13 November 2002 Hindalco slips past Sterlite to grab Indal 24 March 2000  search domain-b    go
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