Nalco to Increase Aluminium Capacity, Consider Ceasing Alumina Exports

Nalco to Increase Aluminium Capacity, Consider Ceasing Alumina Exports

State-owned aluminium major National Aluminium Company Ltd (NALCO) has been asked by the Indian Ministry of Mines to substantially increase smelter capacity in order to insure that the metal is used domestically instead of being exported. “I have asked NALCO to prepare...


Aluminium Development Council Coming Soon: India’s Mines Minister

India’s Mines Secretary Balvinder Kumar indicated that an Indian Aluminium Development Council was in the works in remarks made at an aluminium seminar yesterday. Speaking at the Aluminium Association of India’s seminar entitled “Aluminium: The Strategic Metal,” Kumar also commended the industry’s major players for coming together to weather the aluminium industry’s recent stormy past. […]

Nalco in Talks to Build Aluminium-Lithium Alloy Plant

India’s National Aluminium Company (Nalco) and Indian Defence Ministry’s Mishra Dhatu Nigam Ltd (MIDHANI) are in negotiations aimed at establishing an aluminium-lithium alloy plant. The two state-owned entities intend to capitalize upon the myriad of new uses for the alloy in, among other places, the defense sector. Highlighted by its use in Elon Musk’s SpaceX […]

Nalco to Buy Back 25% of Company Shares from Cash-Strapped Indian Government

India’s National Aluminium Company Ltd (Nalco) announced on Monday that it will be buying back 25% of its outstanding shares from the Indian government. The country’s Mines Secretary Balvinder Kumar made the announcement after meeting with the company to determine pricing. Begun by the finance ministry earlier this year, the buyback is part of an […]