Weak Rupee And Global Alumina Shortages Boost Nalco’s Quarterly Net Profit By 433 Percent
Indian state-owned aluminium smelter National Aluminium Company (Nalco) reported earnings for the April to June quarter earlier this week. A...
Tapan Kumar Chand
Nalco Announces Plans For A ₹5.52 Billion Downstream Aluminium Project In Central Odisha
Fresh off the development of a downstream aluminium plant in conjunction with Odisha Industrial Infrastructure Development Corporation (Idco) and the announcement of plans to partner with Rusal and Almex on other downstream projects, India’s National Aluminium Company (Nalco) announced earlier this week...
Dedicated National Policy Key To Maximizing Aluminium Production: NALCO’s Chand
In order for India to meet its production goals, the country must have a dedicated national policy for the aluminium...
Nalco Eyeing Merchant Mining Of Overseas Bauxite, Diversification Into Cobalt And Lithium
India’s National Aluminium Company (Nalco) will soon be branching out into merchant mining as part of its broader diversification strategy,...
Events
Utkal Coal to Slash 25% from Nalco’s Aluminium Production Costs
Indian state-owned smelter National Aluminium Company Limited (NALCO) expects to beef up its bottom line in an already high-water year thanks to the imminent opening of its captive coal block in Utkal. According to coverage in domestic media, Nalco’s access to the coal reserves is now free of red tape, and the firm expects to […]
Nalco Mulling Move Into Guinea’s Bauxite Trade
Reporting from domestic media indicates that India’s National Aluminium Company Limited (Nalco) is investigating the possibility of gaining a foothold in the significant bauxite ore assets in the West African country of Guinea. Chairman and managing director Tapan Kumar Chand told an Indian newspaper earlier this week that bauxite mining may not be the only […]
Nalco Seeks Nod to Open Bauxite Mines at Pottangi
In a bid to secure another stable stream of bauxite ore to feed its slate of new projects, India’s state-run smelter National Aluminium Company (Nalco) has appealed to the national government to allow it to open a mine at the Pottangi bauxite mining lease in Odisha. Domestic media reports that the application to allow the […]
Nalco to Increase Aluminium Smelting Capacity to 1.1 MTPA by 2024
Already in the midst of debuting several new projects, India’s state-run smelter National Aluminium Company (Nalco) announced its intentions to boost aluminium production capacity to 1.1 million metric tons per annum and alumina refining capacity to 3.27 million metric tons by 2024. Nalco made the announcement in its Corporate Plan, which seeks to improve the […]
Nalco Planning High-End Aluminium Alloys Plant in Odisha
A busy month for India’s state-run metals firm National Aluminium Company (Nalco) continued yesterday when domestic media reported on the firm’s plans to open a high-end aluminium alloys plant. Per the reportage, Nalco expects to incorporate technology developed by overseas parties in the plant, which the company will use to produce alloys for applications including […]
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 ...
