nalco

Nalco Eyeing Merchant Mining Of Overseas Bauxite, Diversification Into Cobalt And Lithium

Nalco Eyeing Merchant Mining Of Overseas Bauxite, Diversification Into Cobalt And Lithium

India’s National Aluminium Company (Nalco) will soon be branching out into merchant mining as part of its broader diversification strategy, as well as possibly obtaining cobalt and lithium assets overseas. In an interview with domestic media, Nalco’s chairman and managing director Dr....

-

Events

India’s Nalco Kicks Off First of Several New Projects on Friday

India’s Nalco Kicks Off First of Several New Projects on Friday

India’s state-owned metals firm National Aluminium Company Limited is planning to kick off a full slate of projects in the new year, including three projects totaling ₹660 crore (US$104 million) tomorrow. Per domestic media, Union Minister for Mines Narendra Singh Tomar and Union Petroleum Minister Dharmendra Pradhan will be cutting the ribbon on the South […]

-
Coal Shortages Burning Out India’s Aluminium Producers

Coal Shortages Burning Out India’s Aluminium Producers

Acute coal shortages in India are beginning to take their toll on the country’s aluminium producers, as several of the major aluminium firms are unable to obtain sufficient quantities to keep captive power plants in operation. According to the Aluminium Association of India, the majority of the country’s smelters are facing power shortages, as their […]

-
Indian Federal Government Sets March 2018 Completion Date for Angul Aluminium Park

Indian Federal Government Sets March 2018 Completion Date for Angul Aluminium Park

India’s federal government has requested a hastening of Odisha’s government in construction of the aluminium park at Angul, targeting a completion date of March 2018 for the project. A letter drafted by Secretary of the department of Industrial Policy and Promotion (DIPP) Ramesh Abhishek to Chief Secretary Aditya Prasad Padhi sought the date, calling into […]

-
Nalco to Capitalize Upon Expected Stronger Market This Fiscal Year: CMD Chand

Nalco to Capitalize Upon Expected Stronger Market This Fiscal Year: CMD Chand

In a wide-ranging interview with India’s ET Now, National Aluminium Company’s (Nalco) Chairman and Managing Director Tapan Kumar Chand predicted stronger performances this fiscal year by both his firm and the global aluminium market at large. Chand said that, despite continuing overproduction by smelters in the People’s Republic of China, aluminium prices are well on […]

-
Nalco to Partner with Odisha Government on Aluminium Park

Nalco to Partner with Odisha Government on Aluminium Park

Odisha’s government announced on Friday that it has entered into a partnership with National Aluminium Company Limited (NALCO) to establish an aluminium park in Angul. Nalco will be partnering with the Odisha Industrial Infrastructure Development Corporation (IDCO) by dedicating ₹1.8 billion (US$27.9 million) on infrastructure to support the complex. Initial estimates indicate that the project […]

-