nalco

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

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...

Events

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

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

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 […]

Nalco Nixes Overseas Expansion Projects to Focus on Increasing Domestic Capacity

India’s state-owned smelter National Aluminium Company Ltd (Nalco) announced yesterday that all overseas projects have been put on hold so that the company could concentrate upon increasing its domestic capacity. Among the projects put on hiatus is Nalco’s investigation of building a smelting operation in Iran. “Iran’s proposal is attractive as long as gas prices […]

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 […]