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...
National Aluminium Company Limited (Nalco)
State Court Opens Door For Vedanta’s Participation In Nalco’s Alumina Sales
Relief may be on the way for Vedanta’s Jharsuguda unit after the state’s high court ordered National Aluminium Company (Nalco) to permit the firm to participate in a tender for surplus alumina. The suit in question is the latest effort in a...
Nalco To Achieve Revenue Targets In FY19: CMD Chand
In an interview with domestic media, National Aluminium Company’s Chairman and Managing Director Dr. Tapan Kumar Chand said that his...
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...
Events
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 […]
Nalco Debuts New Strontium Aluminium Alloy
India’s state-owned aluminium smelter National Aluminium Company (NALCO) announced earlier this week a new line of products for its customers – CH-91 grade strontium modified aluminium billets. According to the firm, the new product, which is part of its push to diversify its product line-up, offers manufacturers an alloy with higher productivity and billet output, […]
Spike In Imported Aluminium Pushes India’s Exports Of Ingot Up By 21 Percent During April Through September
A tidal wave of low-cost aluminium imports squeezed out a 21-percent jump in aluminium exports by Indian producers in the first half of the fiscal year (April through September), but the saturated market blunted sales growth to only 2 percent on the year. In the opening half of FY 2019, exports of aluminium ingot totaled […]
Flood Of Chinese Aluminium Takes Toll On Indian Primary Aluminium Production In Third Quarter
Indian aluminium firms saw sales to domestic companies fall off in the previous quarter despite production growth and strong demand, as experts say a rising tide of aluminium from the People’s Republic of China is to blame for stunting sales growth. Per numbers from the July through September quarter, Hindalco Industries, Vedanta Ltd, and National […]
India’s Aluminium Consumption To Double To 7.2 Million Metric Tons Per Annum By 2023: Nalco’s Chand
India must rise to meet increasing aluminium demand by promoting micro, small, and medium enterprises (MSME), as domestic demand for the metal is poised to double to 7.2 million metric tons per annum within the next five years. Such was the commentary offered by National Aluminium Company (NALCO) chairman and managing director Dr. Tapan Kumar […]
Aluminium Industry Riding To Higher Demand In Electric Vehicles
This is an exciting time indeed for aluminium consumption, with demand for this highly versatile metal continuing to rise to dizzying heights with every new estimate. Among the brighter stars in the consumption constellation continues to be that of electric vehicles. As ...
Leaders Emerge In The Aluminium Industry’s Race To Zero Carbon
One of the aluminium industry’s major goals continues to be the production of metal in a manner that emits the ...
Aluminium Market Update: Why Are Aluminium Prices Lagging Behind Other Base Metals?
Base metals prices have recovered significantly since January’s lows after news that the US and China are inching closer to ...
The Venezuela Blackout Spells Doom for its Aluminium Industry
After Venezuela’s energy supply failed on March 8th, the directors of the CVG together with the presidents of each company ...
