Aluminum price climbs as Europe prepares ban on Russian imports
Aluminum prices on the London Metal Exchange rose 2% to $2,624.50 a ton.
An unprecedented crackdown on corruption in India’s mining industry, led by the Supreme Court and state-level agencies such as Karnataka’s Lokayukta, coupled with rigorous enforcement of environmental norms is resulting in collateral damage to the economy, with plunging mining output leading to a fall in industrial production and GDP growth.