Nalco in Talks to Build Aluminium-Lithium Alloy Plant
India’s National Aluminium Company (Nalco) and Indian Defence Ministry’s Mishra Dhatu Nigam Ltd (MIDHANI) are in negotiations aimed at establishing...
National Aluminium Company Limited
Nalco Wins Mining Lease at Pottangi Bauxite Mines
India’s National Aluminium Company Limited (NALCO), announced today that it has been granted a mining lease for Odisha’s Pottangi Bauxite Mines, which is close in proximity to the firm’s 2.275 million metric ton alumina refinery. The lease, which is issued by Odisha’s Department...
Nalco Signs Memo of Understanding with Iran on Aluminium Smelter
The National Aluminium Company Limited (Nalco) announced yesterday that it signed a Memorandum of Understanding with Iranian Mines & Mining...
Nalco to Buy Back 25% of Company Shares from Cash-Strapped Indian Government
India’s National Aluminium Company Ltd (Nalco) announced on Monday that it will be buying back 25% of its outstanding shares...
Events
India’s Nalco Discusses Smelter with Iran
India’s state-owned National Aluminium Company Limited (Nalco) is considering establishing a joint venture for building a 500,000 metric ton per annum smelter in the Islamic Republic of Iran. Nalco’s chief managing director Dr. Tapan Kumar Chand and Petroleum Minister Dharmendra Pradhan were part of an Indian delegation that met with a top Iranian official on […]
Nalco to Make Substantial Buy-In to Atomic Power Project
India’s National Aluminium Company Limited announced that it would invest US$134 million on the Kakrapar Atomic Power project, giving them a 26% stake in the power plant. The navratna (state-owned company) will purchase its share via its joint venture (JV) with Nuclear Power Corporation of India (NPCIL), the NPCIL-NALCO Power Company. According to government spokesmen, […]
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 ...
