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Aluminium

Vedanta Aluminium places order for rodding shop with Petron Engineering

Vedanta Aluminum places the turnkey order for its rodding shop for its aluminium smelter with Petron Engineering . The contract is worth of Rs.45 million. The company is expanding its aluminium smelter capacity at its Jharsuguda plant in Orissa

Govt. introduces safeguard duty for aluminium products


In an effort to provide relief from cheaper imports, govt. has introduced safeguard duty of 21% on flat aluminium products and 35% on aluminium foils from China. This will remain in force till 8th October 2009. Aluminium Association of India has been bargaining for such a move and to provide relief.

Vedanta Group to pump Rs.500000 million into aluminium sector

Vedanta Group is planning to increase its aluminium refining capacity manifold by pumping Rs.500000 million. It plans to increase its production capacity from 50,000 tpa to 2.6 million tpa. This will make Vedanta Group as world’s fifth largest player in mining and metals along with BHP Bilton and Rio Tinto.

 

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