Aluminum is traded in competitive markets. Up to 1994‚ there were a handful of major firms that dominated the primary aluminum production. During 1980s‚ the top five private producers held more than one-third but less than one-half of the world’s production. However‚ by 1994‚ their share of the market dropped to one-third of the world’s production. Assume that no smelter has exited or entered the market since 1994 till 2010. Therefore current smelter is either still operating or idle. Also‚ technologies
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Technology is not upgraded to mark as compare to global giants in aluminium industry. OPPORTUNITY * R & D collabratation with universities and another research organization. * More emphasis on downstream production of value added products. * Recycling should be adopted as routine production. * Raising more finance from marketing for more acquisition and merger for consolidating position in the global market. * Aluminium‚ continuous to be strong with a growth in transportation sector
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ECONOMICS COMMENTARY – 1 Recently‚ demand for Aluminium has increased (data mentioned in article). Demand is the various quantities of a good a consumer is willing and able to buy at different price levels during a particular time period. The supply of Aluminium is steadily increasing‚ but the demand is likely to overtake supply‚ which is the various quantities of a good a producer is willing and able to produce at different price levels during a particular time period. This surge
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References: - ContinuedSchwarz‚ H.-G.‚ Briem‚ S.‚ Zapp‚ P. (2000): Future carbon dioxide emissions in the global flow ofprimary aluminium‚ Energy (forthcoming). SUSDEV 21 Executive Summary. Online from http://www.info.gov.hk/planningUllmann ’s Encyclopaedia of Industrial Chemistry (1985): Aluminium‚ Vol. A1‚ pp.459-480. World Comission on Environment and Development‚1987. Our common future‚ Oxford Univ. Press‚Oxford. World Resources Institute. World resources.
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Chemistry: Research task 1 5.1- define the terms mineral and ore with reference to economic and non-economic deposits of natural resources The term ‘ore minerals’ is commonly referred to as economic minerals Mineral: naturally occurring compounds. Rocks are mixtures of various minerals. Most minerals are lattice structures‚ both ionic and covalent. Economic minerals have been divided into two main categories: Metalliferous minerals- mined to extract a metal Industrial mineral- either has
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Abundance and Extraction of Metals 1. a Mineral - A mineral is a naturally occurring inorganic solid‚ with a definite chemical composition‚ and an ordered atomic arrangement. b Ore - Deposit in the Earth of valuable metals contained in minerals. c Economic Natural Resource Deposit - This is a natural deposit of something that is economically viable to mine‚ refine and sell. Hence the deposit must be big enough to last for a large period of time‚ so that it will make enough money for the
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(GoI) struck its first |[pic][pic] | |disinvestment deal in the fiscal 2000-01. It approved the sale of its 51% | | |stake in aluminium major‚ Bharat Aluminium Co Ltd (Balco) to Sterlite | | |Industries Ltd. (SIL)‚ for Rs. 551.5 crores. Balco was a profit making public| | |sector company
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Mehraj Udin Company’s profile Hindalco is an industry leader in aluminium and copper‚ Hindalco Industries Limited‚ the metals flagship company of the Aditya Birla Group is the world’s largest aluminium rolling company and one of the biggest producers of primary aluminium in Asia. Its copper smelter is the world’s largest custom smelter at a single location. Established in 1958‚ Hindalco commissioned aluminium facility at Renukoot in eastern Uttar Pradesh‚ India in 1962. Later acquisitions
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Extractive Metallurgy Minerals are naturally occurring chemical substances in the earth’s crust obtainable by mining. Out of many minerals in which a metal may be found‚ only a few are viable to be used as sources of that metal. Such minerals are known as ores. Examples: Galena‚ PbS‚ etc. It is usually contaminated with earthly or undesired materials known as gangue. The extraction and isolation of metals from ores involve the following major steps: • Concentration of the ore‚ • Isolation of the
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(US$ 15.85 billion)‚ Hindalco is the world’s largest aluminium rolling company and one of the biggest producers of primary aluminium in Asia. Its Copper smelter is the world’s largest custom smelter at a single location. Figure 1 shows the various companies owned by Hindalco. Figure 1: Companies under Hindalco Industries [20] HISTORY Hindalco was incorporated in 1958. In 1962‚ the late Mr. G.D. Birla set up India’s first integrated aluminium facility at Renukoot‚ in the eastern fringe of Uttar
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