Despite Tough Aluminium Market, Nalco’s Financial and Production Numbers Up in the Last Quarter
India’s state-owned National Aluminium Company (Nalco) released results for the third quarter of the current fiscal year last week. The...
India’s National Aluminium Company (Nalco) expects to return its aluminium business’ bottom line into the black in two years thanks to the captive power source it will soon begin to utilize in the state of Odisha. “With the commencement of coal production...
India’s state-owned National Aluminium Company (Nalco) released results for the third quarter of the current fiscal year last week. The...
India’s National Aluminium Company (Nalco) announced an agreement last week to purchase eighty percent of the power produced by the...
India’s National Aluminium Company Limited (NALCO) & Neelachal Ispat Nigam Limited (NINL) executed a Memorandum of Understanding last week regarding...
India’s National Aluminium Company (Nalco) announced late last week that it is planning to boost production in the coming fiscal year. According to statements reported upon by the domestic media, Nalco’s Chairman and Managing Director Tapan Kumar Chand will boost Nalco’s overall production to over 7.3 million metric tons (73 lakh tons). Nalco’s current capacity […]
India’s aluminium producers have ramped up the call for a minimum import price (MIP) on the metal as the government’s budget for the next fiscal year continues to be hashed out. Indian producers have faced an increasing onslaught of cheap aluminium from overseas during the past several years, especially from the Mideast and the People’s […]
India’s National Aluminium Company (Nalco) may finally be given the green light to sell alumina to private-sector rival Vedanta plc, as the Indian government has requested the state-owned firm to look into sales of the aluminium precursor to the London-based miner. Both Nalco and Vedanta operate refineries and smelters in the eastern state of Odisha, […]
India’s National Aluminium Company (Nalco) announced earlier this week that it plans to build a new greenfield smelter at Kamakhyanagar in the state of Odisha. The project, which is expected to cost ₹360 billion (US$5.3 billion), will be built in conjunction with NTPC Limited, a power company owned by the Indian government. Plans include building […]
India’s National Aluminium Company Ltd (Nalco) is planning on taking advantage of increasing domestic consumption and recovering aluminium prices by increasing output by 3.5%. So says its chairman Tapan Kumar Chand in interviews this week. “Nalco is ramping up this production […] to take advantage of growing consumption in the domestic market, and […] to […]
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