nalco

Supreme Court Orders Nalco To Sell Alumina To Vedanta

Supreme Court Orders Nalco To Sell Alumina To Vedanta

India’s National Aluminium Company (NALCO) was ordered by the country’s Supreme Court to deliver 30 thousand metric tons of metallurgical-grade calcined alumina to the Vedanta plant at Visakhapatnam, which Vedanta will ultimately use at its SEZ unit in Jharsuguda. To date, Nalco...

Nalco To Find Haven In Value-Added Products As Aluminium Prices Level Off

Thanks in part to rising production costs and shrinking prices at the LME, Indian aluminium manufacturers are working towards increasing value-added offerings to their product line ups. Though sanctions boosted raw aluminium prices to multi-year highs a year ago, prices have since fallen back to Earth after the sanctions were lifted in January. Additionally, the […]

Nalco Appeals Order To Allow Vedanta To Purchase Alumina To India’s Supreme Court

India’s state-run aluminium producer National Aluminium Company Limited (Nalco) has appealed an order by the Odisha High Court ordering it to allow privately-held metals firm Vedanta Ltd. from attempting to purchase surplus aluminium from it. Nalco formally registered its appeal to the Supreme Court late last week, asking the judicial body to require London-based Vedanta […]

Vedanta Files Suit Against Nalco To Tap Into Exported Alumina Stream

Staring the prospect of a winnowing feedstock supply square in the eye, India metals miner Vedanta has turned to the courts to compel state-owned National Aluminium Company (Nalco) to sell to them a portion of the alumina they currently send overseas. In a motion at the Odisha High Court earlier this week, Vedanta sought to […]

Jharsuguda Locals Appeal To Chand To Open Alumina Bidding To Vedanta

In a bid to aid Vedanta Ltd. in its search for raw materials, a contingent of local citizens sent a letter last week to National Aluminium Company Limited’s (Nalco) Chairman and Managing Director Dr. Tapan Kumar Chand appealing to him to open the bidding for 30 thousand metric tons of metallurgical-grade alumina to the firm. […]

Nalco On Track For Record Financial Numbers In FY 2018-19: CMD Chand

India’s state-owned aluminium smelter National Aluminium Company (NALCO) plans to reap a record high net profit of over ₹1,600 crore and revenues of ₹12,000 crore in the course of the current fiscal year. Such were the goals expressed by the firm’s top officer over the weekend. Speaking at Republic Day celebrations on Saturday, Nalco’s Chairman […]