National Aluminium Company Limited

Coal Shortages Burning Out India’s Aluminium Producers

Coal Shortages Burning Out India’s Aluminium Producers

Acute coal shortages in India are beginning to take their toll on the country’s aluminium producers, as several of the major aluminium firms are unable to obtain sufficient quantities to keep captive power plants in operation. According to the Aluminium Association of...

Nalco to Capitalize Upon Expected Stronger Market This Fiscal Year: CMD Chand

In a wide-ranging interview with India’s ET Now, National Aluminium Company’s (Nalco) Chairman and Managing Director Tapan Kumar Chand predicted stronger performances this fiscal year by both his firm and the global aluminium market at large. Chand said that, despite continuing overproduction by smelters in the People’s Republic of China, aluminium prices are well on […]

Nalco to Partner with Odisha Government on Aluminium Park

Odisha’s government announced on Friday that it has entered into a partnership with National Aluminium Company Limited (NALCO) to establish an aluminium park in Angul. Nalco will be partnering with the Odisha Industrial Infrastructure Development Corporation (IDCO) by dedicating ₹1.8 billion (US$27.9 million) on infrastructure to support the complex. Initial estimates indicate that the project […]

India’s Aluminium Firms Register Protest Against Odisha’s Massive Hike in Power Duty

Indian aluminium giants National Aluminium Company Limited (Nalco), Vedanta Resources plc, and Hindalco Industries Ltd. have joined in a petition to the state government of Odisha seeking revocation of a recent gargantuan hike in the state’s power duty that they say has had a tremendous negative impact upon production costs. Odisha’s power duties have risen […]

Nalco Nixes Overseas Expansion Projects to Focus on Increasing Domestic Capacity

India’s state-owned smelter National Aluminium Company Ltd (Nalco) announced yesterday that all overseas projects have been put on hold so that the company could concentrate upon increasing its domestic capacity. Among the projects put on hiatus is Nalco’s investigation of building a smelting operation in Iran. “Iran’s proposal is attractive as long as gas prices […]

Nalco to Open New Bauxite Mine at Panchpatmali

A senior official in India’s government told domestic media this week that state-owned National Aluminium Company Limited (Nalco) recently begun the process of opening a new mine at its operations in Panchpatmali. Citing the delays encountered by the firm in obtaining a new mining area, the unnamed official said such a move would help Nalco […]