Nalco Plans 150-mW Wind Power Facility in Odisha
India’s state-owned aluminium firm National Aluminium Company Limited (Nalco) announced a plan late last week to build a 150-mW wind...
Odisha
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...
Captive Coal Cache to Nudge Nalco’s Aluminium Business Into the Black: CMD Chand
India’s National Aluminium Company (Nalco) expects to return its aluminium business’ bottom line into the black in two years thanks...
Odisha Mining Deal May Lead to Bauxite Stream for Vedanta’s Lanjigarh Refinery
London’s Vedanta Resources plc’s project in Odisha may have won some breathing room as the state’s government has sealed a...
Events
Nalco Considering Sale of Alumina to Vedanta
India’s National Aluminium Company (Nalco) may finally be given the green light to sell alumina to private-sector rival Vedanta plc, as the Indian government has requested the state-owned firm to look into sales of the aluminium precursor to the London-based miner. Both Nalco and Vedanta operate refineries and smelters in the eastern state of Odisha, […]
Nalco Partners with NTPC Ltd on New 1 MTPA Aluminium Smelter in Odisha
India’s National Aluminium Company (Nalco) announced earlier this week that it plans to build a new greenfield smelter at Kamakhyanagar in the state of Odisha. The project, which is expected to cost ₹360 billion (US$5.3 billion), will be built in conjunction with NTPC Limited, a power company owned by the Indian government. Plans include building […]
India’s Nalco Pressured Against Value Addition: Mines Minister
The domestic market has been the biggest obstacle facing state-owned National Aluminium Co. Ltd (Nalco) in its effort to transition into greater value addition for its alumina, India’s Union Minister of Energy, Coal, Mines and New and Renewable Energy Piyush Goyal told an audience on Friday. According to Goyal, the Central PSU exports most of […]
Aditya Birla Subsidiary Improves Farmers’ Lives in Odisha
Aditya Birla’s Utkal Alumina International Limited (UAIL) is spearheading an initiative to promote agriculture in Eastern India’s state of Odisha. According to a report, around two-thirds of India’s rural population depend on agriculture for their livelihood, but the country’s agricultural sector contributes just sixteen percent to the country’s Gross State Domestic Product (GSDP). As a […]
Activists Objecting to Opening Odisha Bauxite Reserve to Vedanta
The Indian state of Odisha is facing opposition from environmental activists in the wake of their decision to open up bauxite reserves at Kodingamali to London-based Indian miner Vedanta Resources plc. “The issues that we fought for at Niyamgiri are also relevant for Kodingamali, a forested hill range saddled by tribal inhabitations,” said Prafulla Samantray, […]
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 ...
