Nalco Wins Mining Lease at Pottangi Bauxite Mines
India’s National Aluminium Company Limited (NALCO), announced today that it has been granted a mining lease for Odisha’s Pottangi Bauxite Mines,...
nalco
Nalco Signs Memorandum of Understanding with Government Targeting Higher Output and Capex Totals
India’s Navratna CPSE National Aluminium Company Limited (Nalco) and the Ministry of Mines announced the signing of a Memorandum of Understanding setting forth higher output targets for the current fiscal year. Under the memorandum, Nalco’s targeted revenue (less exise duty) has been...
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...
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...
Events
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 […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
