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)...
National Aluminium Company Limited (Nalco)
Nalco Appeals Order To Allow Vedanta To Purchase Alumina To India’s Supreme Court
India’s state-run aluminium producer National Aluminium Company Limited (Nalco) has appealed an order by the Odisha High Court ordering it to allow privately-held metals firm Vedanta Ltd. from attempting to purchase surplus aluminium from it. Nalco formally registered its appeal to the...
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...
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...
Events
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 letter last week to National Aluminium Company Limited’s (Nalco) Chairman and Managing Director Dr. Tapan Kumar Chand appealing to him to open the bidding for 30 thousand metric tons of metallurgical-grade alumina to the firm. […]
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 […]
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 ...
