Nalco Debuts Custom Aluminium Alloy Designed For LED Production
In another move aimed at expanding its presence in the aluminium value-added market, Indian aluminium maker National Aluminium Company (Nalco)...
National Aluminium Company Limited (Nalco)
Nalco Mulling Return To Long-Term Sales Contracts For Surplus Alumina
Citing a fall in global alumina prices, India’s state-run aluminium firm National Aluminium Company Ltd (Nalco) said late last week that it will reboot its strategy regarding sales of the aluminium precursor, with a return to long-term contracts likely. Up until recently...
Expected Tepid Response Delays Odisha’s Auction Of Bauxite Blocks
Despite residing above over half the country’s total known bauxite reserves, the Odisha government has yet to place a single...
Nalco Plans Establishment Of Technology Division
India’s state-owned metals firm National Aluminium Company (Nalco) is planning to establish a new technology division in order to better...
Events
Nalco And Midhani Link Up To Form Aluminium Alloy Joint Venture
Indian state-owned aluminium producer National Aluminium Company (Nalco) and Indian Defence Ministry’s Mishra Dhatu Nigam (Midhani) announced last week a new joint venture that will manufacture aluminium alloy plate and sheet. Nalco made the announcement last Thursday after the close of the market, saying that the two firms have signed an agreement to incorporate a […]
Federal Auditors Take Nalco To Task For Weak Performance And Lost Financial Opportunities
India’s state-owned aluminium producer National Aluminium Company Ltd was taken to task last week by the national auditor for failing to perform to expectations and acting slowly in developing coal mines given to it by the government. The Comptroller and Auditor General said in a report submitted to Parliament last week that the firm lost […]
Nalco To Branch Out Into Aluminium Alloys, Battery Production: Chand
In a wide-ranging interview with domestic media, National Aluminium Company Ltd’s (Nalco) chief Tapan Kumar Chand explained the firm’s plan to insulate itself from a volatile aluminium trade by diversifying into a range of new areas, including lithium mining, aerospace alloys, and mineral trading. “Nalco is building on its expertise in bauxite mining and aluminium […]
India’s Output Growth To Slow Thanks To Soft LME Prices And Maxed-Out Capacity
India’s aluminium production in the coming fiscal year is expected to taper off compared to previous years thanks in part to a weak market for the metal at the London Metal Exchange (LME) in recent months. Such was the conclusion drawn by India’s ratings firm CARE Rating Limited and spelled out in a report released […]
Nalco To Find Haven In Value-Added Products As Aluminium Prices Level Off
Thanks in part to rising production costs and shrinking prices at the LME, Indian aluminium manufacturers are working towards increasing value-added offerings to their product line ups. Though sanctions boosted raw aluminium prices to multi-year highs a year ago, prices have since fallen back to Earth after the sanctions were lifted in January. Additionally, the […]
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 ...
