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ASIA BUSINESS NEWS reported that Indian aluminium firm Hindalco Industries is mulling entering the lithium market in a bid to enhance its aluminium business.

Posted By : Rabi Wangkhem 40 minutes ago
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Economic Times quoted Mr Satish Pai managing director of Hindalco as saying that Hindalco is scouting for copper mines abroad for backward integration of its copper business with concentrates.

Posted By : Rabi Wangkhem 42 minutes ago
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TASS reported that Norilsk Nickel will invest RUB 7.1 billion rubles (USD 107.9 million) into mining equipment procurement for its Zapolyarny Branch (Taimyr Peninsula) and Kola Mining Company (Murmansk Region), the...

Posted By : Rabi Wangkhem 44 minutes ago
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Reuters reported that Russia’s VTB, which increased its stake in En+ Group to 22 percent in January, as part of a move to help En+ avert U.S. sanctions, does not plan to sell its stake in the near future.

Posted By : Rabi Wangkhem 45 minutes ago
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Hetq reported that for the second day in a row, Armenian Copper Program company workers again blocked the railway adjacent to the Alaverdi Cooper Smelting Plant and demanded that the government negotiate with VTB Bank...

Posted By : Rabi Wangkhem 49 minutes ago
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Hind Aluminium Industries announced its December 2018 Standalone result

Posted By : Rabi Wangkhem 51 minutes ago
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Aluminium Insider reported that continued tepid domestic demand coaxed out a bumper crop of aluminium exports from the People’s Republic of China last month, breaking a four-year record high in the process.

Posted By : Rabi Wangkhem 1 hour ago
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Arconic Inc announced an investment of approximately USD 100 million to expand its hot mill capability and add downstream equipment capabilities to manufacture industrial and automotive aluminum products in its...

Posted By : Rabi Wangkhem 3 days 52 minutes ago
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Aldel located in Delfzijl announced the reopening of potline one following the purchase of the business by York Capital in 2017. This is part of the on-going capital investment in both equipment and people as the plant...

Posted By : Rabi Wangkhem 3 days 55 minutes ago
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CNBC TV18 quoted Mr Satish Pai, managing director of Hindalco Industries as saying that there was a slight dip in margins on QoQ because of weak aluminium London Metal Exchange price.

Posted By : Rabi Wangkhem 3 days 58 minutes ago
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Currency Rates
USDValueDoDWoWMoMQoQYoY
USD1.0000.0000.0000.0000.0000.000
AUD1.4070.0050.0070.0040.0260.147
BRL3.7190.0100.050-0.015-0.0370.502
CAD1.3280.0070.0100.0000.0090.079
CNY6.7710.0180.027-0.082-0.1760.426
EUR0.8870.0050.0090.0130.0060.084
GBP0.780-0.0010.006-0.0040.0120.066
INR71.2230.650-0.3541.062-1.2727.319
JPY110.443-0.2020.7521.718-3.3863.874
RUB66.7051.0061.047-0.326-0.65810.032
ZAR14.0860.3540.6330.076-0.1872.382
DoD - Previous Day, WoW - Last Day, MoM - Last 30 Days As on Feb 15 2019
Source : xe.com