National Aluminium Company

Aluminium Poised for Greater Gains in 2018: Nalco’s Chand

Aluminium Poised for Greater Gains in 2018: Nalco’s Chand

A top Indian aluminium industry executive sees a strong 2018 ahead thanks to less of the metal emanating from the People’s Republic of China, an increased thirst for it in North America and Europe, and a rise in input costs. Chairman and...

Events

Indian Federal Government Sets March 2018 Completion Date for Angul Aluminium Park

India’s federal government has requested a hastening of Odisha’s government in construction of the aluminium park at Angul, targeting a completion date of March 2018 for the project. A letter drafted by Secretary of the department of Industrial Policy and Promotion (DIPP) Ramesh Abhishek to Chief Secretary Aditya Prasad Padhi sought the date, calling into […]

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 […]