Nalco bauxite

Nalco Holds Unexpectedly Positive Meeting With Pottangi Residents Over Bauxite Mining Plan

Nalco Holds Unexpectedly Positive Meeting With Pottangi Residents Over Bauxite Mining Plan

Negotiations for a Nalco bauxite mining project in Pottangi took an unexpected turn last week, as villagers attending a meeting on the subject lent it their conditional support. The Koraput Integrated Tribal Development Agency (ITDA) invited villagers from the nearby settlements of...

Events

Utkal Coal to Slash 25% from Nalco’s Aluminium Production Costs

Indian state-owned smelter National Aluminium Company Limited (NALCO) expects to beef up its bottom line in an already high-water year thanks to the imminent opening of its captive coal block in Utkal. According to coverage in domestic media, Nalco’s access to the coal reserves is now free of red tape, and the firm expects to […]

Nalco Sets Company Records in Bauxite, Alumina Production in FY2016-17

India’s state-run aluminium smelter National Aluminium Company Limited (Nalco) announced in a report last week that it turned out a record production of 6.825 million metric tons of bauxite in the 2016-2017 fiscal year, up from the prior year’s haul by 7.65 percent. According to the report, the record high was achieved thanks to peak […]

Nalco to Open New Bauxite Mine at Panchpatmali

A senior official in India’s government told domestic media this week that state-owned National Aluminium Company Limited (Nalco) recently begun the process of opening a new mine at its operations in Panchpatmali. Citing the delays encountered by the firm in obtaining a new mining area, the unnamed official said such a move would help Nalco […]

India’s Domestic Aluminium Demand to Outpace GDP: Nalco’s Chand

In an interview with domestic media, the Chairman and Managing Director of India’s National Aluminium Company (NALCO) predicted that the company’s gains in the coming months and years are likely to come from the infrastructure, power transmission, and construction sectors. Dr. Tapan Kumar Chand told the India Times that Nalco is preparing to boost output […]

Nalco Turns In Lower Numbers for First Quarter of FY2017

Although production in the first quarter of the current fiscal year grew by ten percent year-on-year, National Aluminium Company Limited’s (Nalco) bottom line declined by almost one quarter in the same period. The firm reported a net profit between April and June of INR135 crore, down year-on-year from INR174.3 crore. Revenue increased 3.87% year-on-year, to […]