Posted by
rupa on Dec 23rd, 2008 in
Aluminium |
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Growth potential in India
India has the fifth largest bauxite reserves with deposits of about 3 bn tonnes or 5% of world deposits. India’s share in world aluminium capacity rests at about 3%. The per capita consumption of aluminium in India continues to remain abysmally low at under 1 kg as against nearly 25-30 kgs in the US and Europe, 15 kgs in Japan, 10 kgs in Taiwan and 3 kgs in China, which implies...
Posted by
sandeep on Dec 23rd, 2008 in
Aluminium |
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Executive summary
Aluminium’s contribution to sustainable modern living Aluminium is a young and modern metal. It has only been produced on an industrial scale since 1886 when Hall and Héroult independently discovered how to produce aluminium through electrolysis. In 1900 annual output of aluminium was 1,000 tonnes. By the end of the 20th century the annual production had reached 32 million tonnes comprising 24...
London Metal Exchange (LME) has been a trade-based market throughout its 125-year history and all its traded contracts are based on tangible deliveries, i.e. every contract traded on LME is presumed to be capable of physical delivery. To meet this physical aspect, large stocks of metal are held in approved warehouses at selected locations around the world. LME Warehouse is a place where we can store and handle a...