National Aluminium Company Limited (Nalco)

India’s Aluminium Consumption To Double To 7.2 Million Metric Tons Per Annum By 2023: Nalco’s Chand

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...

Events

Nalco Eyeing Merchant Mining Of Overseas Bauxite, Diversification Into Cobalt And Lithium

India’s National Aluminium Company (Nalco) will soon be branching out into merchant mining as part of its broader diversification strategy, as well as possibly obtaining cobalt and lithium assets overseas. In an interview with domestic media, Nalco’s chairman and managing director Dr. T.K. Chand said that breaking into the sector would be a relatively straightforward […]

Utkal Coal to Slash 25% from Nalco’s Aluminium Production Costs

Indian state-owned smelter National Aluminium Company Limited (NALCO) expects to beef up its bottom line in an already high-water year thanks to the imminent opening of its captive coal block in Utkal. According to coverage in domestic media, Nalco’s access to the coal reserves is now free of red tape, and the firm expects to […]

Anrak, Balco, and Hindalco Vie For Bauxite Auctioned by Odisha Mining Corporation

Interest in Odisha Mining Corporation’s (OMC) first-ever attempt at auctioning bauxite met with considerable interest from several of India’s major aluminium players last week. The company’s initial foray into a bauxite auction was the online offering of 190 thousand metric tons of bauxite ore harvested from the firm’s captive lease near Kodingamali in Odisha, on […]

Nalco Mulling Move Into Guinea’s Bauxite Trade

Reporting from domestic media indicates that India’s National Aluminium Company Limited (Nalco) is investigating the possibility of gaining a foothold in the significant bauxite ore assets in the West African country of Guinea. Chairman and managing director Tapan Kumar Chand told an Indian newspaper earlier this week that bauxite mining may not be the only […]