fassi srl | China’s Guizhou aluminium producers fear losses due to power price hike

China’s Guizhou aluminium producers fear losses due to power price hike

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Power prices for the aluminium producers in China’s Guizhou province will be raised by 0.07-0.08 yuan per kilo watt hour (kwh) from April this year, reported industry sources. The decision is seen by the industry watchers as a logical one since coal has become costlier over the past six months. Power prices, after the hike, […]

fassi srl | MIIT predicts 4.8% surge in nonferrous metals production in 2017

MIIT predicts 4.8% surge in nonferrous metals production in 2017

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As reported by Platts, China’s MIIT projected a surge in the China’s production of nonferrous metals such as copper, aluminium, lead and zinc by 4.8% YoY in 2017. The rise is equal to 55.37 million tonnes. This announcement was made by the Ministry of Industry and Information Technology in a recent post. According to the […]

fassi srl | Hindalco plans INR150cr solar park at its aluminium smelter-power complex in Odisha

Hindalco plans INR150cr solar park at its aluminium smelter-power complex in Odisha

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Hindalco Industries, the metals flagship company of the Aditya Birla Group, is planning to commission a 24 Megawatt solar power plant in Odisha, reported sources aware of the matter. The INR 150-crore project will come up at the company’s aluminium smelter-power plant site at Lapanga in Sambalpur district. The solar power generated will be utilized […]