Aluminium
Niyamgiri tribals keep fingers crossed as Vedanta hearing set to begin
02 Feb 2011
Two independent investigations commissioned by the ministry of environment and forests each concluded that Vedantas plans were likely to destroy the Dongria Kondh
Vedanta may spurn MoEF offer on Orissa project
20 Jan 2011
Novelis raising $4 billion to refinance Hindalco debt
13 Dec 2010
The financing, consisting of $2.5 billion in debt and $1.5 billion in secured long-term credit, will partly refinance the loans that Hindalco had taken for the $6-billion acquisition of Novelis in 2007.
Gujarat Foils, Rusal in JV for Rs14,000-crore aluminium project
29 Nov 2010
Gujarat Mineral Development Corporation has issued a letter of intent to the company for setting up a 1 million tonne alumina refinery and a 5,00,000 tonne aluminum smelter in Kutch district of the state.
Rusal snubs Interros’ $9-bn offer to buy 25-% stake in Norilsk Nickel
25 Oct 2010
Norilsk is the world’s largest producer of nickel and palladium, besides being one of the world’ s leading producers of platinum, rhodium, copper, and cobalt
Government may halt Vedanta's alumina plant expansion
20 Oct 2010
The move, which comes two months after the government rejected the UK-based group's bauxite mining plans in the state, will affect Vedanta's plan to expand the Lanjigarh unit's capacity from one million tonnes to six mt a year
Vedanta to cut capex by $2-bn after Niyamgiri mining ban
08 Oct 2010
Vedanta Resources Plc, the mining conglomerate controlled by UK-based billionaire Anil Agarwal, will cut its spending programme by as much as $2 billion over the next two years after failing to get clearance to mine bauxite in the Niyamgiri hills of Orissa
BJD lobbies against centre with public rallies as Congress moots Vedanta refinery closure
03 Sep 2010
Government shuts down Vedanta’s Orissa project
24 Aug 2010
In a big blow to Vedanta Resources, the union government today refused to give environment clearance to its $1.7-billion bauxite mining project in Orissa.
Nalco Q1 net jumps 125 per cent to Rs284 crore
14 Aug 2010
Hindalco’s net profit surges 146 per cent
12 May 2010
Vedanta mulls spinning off aluminium division
15 Mar 2010
The new business, which could be spun off as early as this summer, is expected to be the first of a series of up to six divisions spun out of Vedanta over the next few years
Russia’s Rusal raises $2.24 billion in Hong Kong IPO
25 Jan 2010
In the first ever share offering by a Russian company in Asia, the world’s largest producer of aluminium and alumina, Rusal has raised $2.24 billion through an initial public offering in Hong Kong
Nalco lines up Rs22,000-core expansion plans
20 Jan 2010
Rusal to raise up to $2.6 billion in IPO
31 Dec 2009
Rusal, which holds an 11 per cent global market share in aluminium and a massive debt of $14.9 billion, plans to pay part of the debt from the IPO proceeds.
Alcoa to develop world's lowest-cost aluminum complex in S Arabia
22 Dec 2009
Alcoa and Saudi Arabian mining firm Ma’aden will invest $10.8 billion in developing the world's lowest cost aluminium manufacturing venture
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