The Latest Breaking News from aluminium

Why are people putting a ball of aluminium foil in the washing machine? The surprising reason behind the viral laundry hack

A viral laundry hack involves using aluminium foil balls to reduce static cling. These crumpled foil balls help discharge static electricity which builds up during drying cycles. While effective for static, they do not replace fabric softeners for scent or softness. Users should ensure foil balls are smooth and check…

The Economic Times · Jul 30

Why some people started wearing aluminium foil hats: The famous MIT study that found something completely unexpected

An MIT experiment found that aluminium foil hats amplified certain radio frequencies instead of blocking them. Written as satire, the study shows how scientific findings can be misinterpreted. While aluminium can reduce electromagnetic interference in controlled settings, homemade foil hats do not effectively shield against everyday signals.

The Economic Times · Jul 30

Vedanta Aluminium Q1 Results: Net profit soars 3x YoY to Rs 5,629 crore; Rs 8/share dividend declared

Vedanta Aluminium Metal Q1 Results: Vedanta Aluminium reported a more than threefold jump in Q1 FY27 consolidated net profit to Rs 5,629 crore, while revenue rose 46% YoY to Rs 21,393 crore in its first quarterly results since the demerger. The company also announced its maiden interim dividend of Rs…

The Economic Times · Jul 30

Why people line cutlery drawers with aluminium foil: Does it really help keep utensils clean and protect against scratches?

Lining cutlery drawers with aluminium foil helps reduce silver utensil tarnish. This practice also makes cleaning the drawer easier by providing a removable layer. The foil acts as a barrier, protecting wooden drawers from scratches. However, experts state foil does not possess antibacterial properties. There is no scientific evidence that…

The Economic Times · Jul 28

War? What war? Aluminium's Gulf disruption premium vanishes

Despite the Iran conflict disrupting more than 2 million metric tons of aluminium supply, prices have retreated to pre-war levels as markets bet that higher exports from China and Indonesia will offset Gulf production losses. However, rising physical premiums in Europe and Japan suggest supply concerns remain unresolved.

The Economic Times · Jul 28

Vedanta Aluminium shares in a sweet spot, says ICICI Securities; initiates coverage with Buy rating

ICICI Securities has initiated coverage on Vedanta Aluminium Metal (VAML) with a 'Buy' rating and a target price of Rs 520, implying over 19% upside. The brokerage expects strong earnings growth, driven by favourable aluminium prices, higher volumes, backward integration and lower costs. It also sees robust cash generation, debt…

The Economic Times · Jul 28

Major 'green' smelter ineligible for renewable credits

A major aluminium smelter, which has a quickly approaching deadline to lock-in a long-term electricity deal, won't be able to rely on green credit help.

AAP · Jul 28

Can you reuse aluminium foil? 10 practical household uses backed by science

Cleaned aluminum foil offers multiple household uses beyond single use. It effectively removes tarnish from silver through an electrochemical reaction. Foil balls can scrub pots and pans and reduce dryer static. Reflective foil deters garden pests and reflects light onto houseplants. This material also seals small gaps and protects fixtures…

The Economic Times · Jul 25

Canada's Enervoxa plans India rare earths project, may tie up with Vedanta, Hindalco, NALCO

Canadian climate technology company Enervoxa plans to partner with Vedanta, Hindalco and NALCO to build a rare earth processing plant in India using aluminium waste, or red mud. The project aims to strengthen India's rare earth processing capabilities, reduce reliance on China and support the country's critical minerals supply chain.

The Economic Times · Jul 24

In India, Iran war forces Diet Coke to roll out a bigger can, heftier price tag

Coca-Cola has raised Diet Coke prices in India by over 10% after the ongoing Middle East conflict disrupted supplies of aluminium cans. The company is importing costlier 330-ml cans from Southeast Asia as supplies of its usual 300-ml cans have been hit by shipping disruptions through the Strait of Hormuz.

The Economic Times · Jul 24