National Aluminium Company Limited

Indian Aluminium Producers Forecast Double-Digit Demand Growth

Indian Aluminium Producers Forecast Double-Digit Demand Growth

India’s aluminium industry is on the rebound after a period of lower demand, according to domestic aluminium firms. Double-digit growth is on the horizon, they say, thanks to significant increases in automotive sales and industrial activity. Domestic aluminium producers also point to...

Events

Indian Government Asks Nalco to Rethink Iran Plant

The Indian government has directed the state-owned aluminium firm National Aluminium Co Ltd (NALCO) to reconsider plans to build a US$2 billion smelter in Iran. In May Nalco announced that it signed a Memorandum of Understanding with Iranian Mines & Mining Industries Development & Renovation Organization (IMIDRO) to investigate the feasibility of establishing a joint […]

Nalco to Increase Aluminium Capacity, Consider Ceasing Alumina Exports

State-owned aluminium major National Aluminium Company Ltd (NALCO) has been asked by the Indian Ministry of Mines to substantially increase smelter capacity in order to insure that the metal is used domestically instead of being exported. “I have asked NALCO to prepare a prospective future plan raise capacity to 20 lakh (2,000,000) tonne from the […]

Nalco Turns In Lower Numbers for First Quarter of FY2017

Although production in the first quarter of the current fiscal year grew by ten percent year-on-year, National Aluminium Company Limited’s (Nalco) bottom line declined by almost one quarter in the same period. The firm reported a net profit between April and June of INR135 crore, down year-on-year from INR174.3 crore. Revenue increased 3.87% year-on-year, to […]

Nalco’s Bottom Line Sound Despite Difficulties in Global Market: Chand

Dr. Tapan Kumar Chand, chief of India’s state-owned aluminium firm National Aluminium Company Limited (Nalco), said his firm is financially sound despite the amount of struggling smelters in the industry. “Nalco has remained profitable all through by successfully handling the market downturn, by maximising bauxite mining and alumina refining, adding new pots and augmenting production, […]

Nalco to Commence Construction at Damanjodi in February

India’s National Aluminium Company (Nalco) expects to begin construction to expand its alumina refinery in Damanjodi next February, according to reports. The expansion will boost the plant’s output by one million tons per annum. The firm’s expansion would see a fifth stream added to the plant, which would raise its total output to 2.275 million […]