Hindalco profit sinks on high costs, plans to raise $124 million

Hindalco’s costs surged 24% during the quarter, with power expenses almost doubling.

Bloomberg News | November 11, 2022 | 9:37 am

Indian miners seek higher import tax on aluminum, zinc, copper products

The government should raise import taxes to 10%-15% on several aluminum products, including scrap to 10% from 2.5%.

Reuters | November 11, 2022 | 9:20 am

Chicago is coming for London’s metal trading after LME stumbles

As the London Metal Exchange wades through the fallout of this year’s nickel crisis, its American rival is gaining ground.

Bloomberg News | November 8, 2022 | 7:58 am

Aluminum-based material can scrub CO2 from coal-fired power plants’ exhaust

Aluminum formate has proven effective in separating carbon dioxide from the other gases that commonly fly out of the smokestacks of coal-fired power plants.

Staff Writer | November 6, 2022 | 7:40 am

British researchers come up with intelligent design process for furnaces

A novel design process for furnaces promises an annual sales turnover of more than £7.4 million over the next three years.

Staff Writer | November 4, 2022 | 6:06 am

Alcoa sent three letters to the LME requesting action on Russian metal

Alcoa expressed concerns that large amounts of Russian aluminum flowing into LME-registered warehouses could distort the exchange's aluminum contract.

Reuters | November 3, 2022 | 9:56 am