Vedanta Aluminium expands alumina refining capacity

[ad_1] Vedanta Aluminium, India’s largest producer of aluminium, has commissioned its new 1.5 million tonnes per annum (MTPA) at its alumina refinery in Lanjigarh, Odisha taking its annual capacity to 3.5 MTPA.Also read:Vedanta touts $6 billion investment pipeline as growth...

Aluminium futures break out, buy on a dip

[ad_1] Aluminium futures on the Multi Commodity Exchange (MCX) began its latest leg of rally in early March, after finding support at ₹200. The contract gained enough momentum and consequently, it broke out of the resistance at ₹210 this week....

Aluminium futures could extend the upside

[ad_1] Aluminium futures on the Multi Commodity Exchange (MCX) bounced off ₹198 last week. On Monday, it closed at ₹202.05, which has also lifted the contract above the 20-day moving average (DMA). Thus, the bullish bias is retained by aluminium...