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Don’t miss the latest developments in business and finance.
Norsk Hydro shuts aluminum plant in Slovakia as Europe's power woes deepen
Aluminum is one of the most energy-intensive metals to produce, and closure of the Slovalco facility adds to growing signs of stress in Europe's industrial economy as power prices surge to record high
Govt ends monopoly over coal; opens mining sector to private players
Joint auctions of bauxite and coal blocks expected to reduce dependence on imports
GE ties up with IIT-M to set up Industrial Internet Centre
Unit will develop applications, such as the Digital Twin of an aluminium smelter, which will help the industry save up to $150 mn