Nalco Reports 69 Percent Drop In Quarterly Profit Due To Higher Costs And Lower Aluminium Prices
India’s National Aluminium Co Ltd (NALCO) struggled in the quarter ending on December 31, reporting a 69 percent drop in...
India’s National Aluminum Company Ltd (NALCO) turned in results for the final quarter of fiscal year 2023, registering a decline in its performance over the same time last year. In the just-ended quarter NALCO returned a net profit of ₹459 crore, off...
India’s National Aluminium Co Ltd (NALCO) struggled in the quarter ending on December 31, reporting a 69 percent drop in...
Indian state-owned aluminium smelter National Aluminium Company Limited (NALCO) has, for the first time in its history, achieved full operation...
Negotiations for a Nalco bauxite mining project in Pottangi took an unexpected turn last week, as villagers attending a meeting...
India’s National Aluminium Company (NALCO) has chosen Finnish mining operations and technology firm Metso Outotec to engineer and deliver a bauxite grinding package to its Damanjodi Alumina Refinery. On Thursday Metso Outotec made the announcement, saying that the project would be part of the Damanjodi alumina refinery’s fifth stream expansion project. The project will include […]
Finnish mining operations and technology firm Metso Outotec announced last week a €13-million contract with India’s National Aluminium Company (NALCO) to deliver two 170 t/h Bayer-process flash evaporation plants to its plant in northern India. Metso Outotec will deliver the twin flash evaporation plants to Damanjodi Alumina Refinery in Odisha. The plants employ cutting-edge technology […]
India’s National Aluminium Company (NALCO) is planning to invest over ₹30,000 crore (US$17.7 billion) through 2028 on expanding and diversifying the organization. India’s Union minister for coal and mines Pralhad Joshi made the announcement last week at an anniversary event for the firm. “With the ambitious growth plans that Nalco has for the future, it […]
India’s National Aluminium Company (NALCO) was ordered by the country’s Supreme Court to deliver 30 thousand metric tons of metallurgical-grade calcined alumina to the Vedanta plant at Visakhapatnam, which Vedanta will ultimately use at its SEZ unit in Jharsuguda. To date, Nalco has been unwilling to ship its rival alumina from the supplies set aside […]
Citing a fall in global alumina prices, India’s state-run aluminium firm National Aluminium Company Ltd (Nalco) said late last week that it will reboot its strategy regarding sales of the aluminium precursor, with a return to long-term contracts likely. Up until recently the firm has been selling spare alumina on the spot market in an […]
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 ...
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