National Aluminium Company Ltd (NALCO) has reported its highest-ever operational and financial performance for FY2025-26 as the state-run aluminium producer moves ahead with major expansion projects and a broader push into critical minerals and resource security. National Aluminium Company Ltd...
NALCO is advancing pilot projects in Odisha to turn industrial residues into valuable resources, including rare earth elements, alumina, iron and titanium, strengthening India's push for critical mineral recovery and a circular economy. National Aluminium Company Limited (NALCO) is expanding its...
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Both Vedanta and Nalco have increased their aluminium ingots prices with effect from Friday, January 17. While the former has hiked the price by 2 per cent, the latter has increased it by 1 per cent. So, with the latest price hike, the aluminium ingot price of Vedanta has come in at INR...
National Aluminium Company Limited, the Navratna CPSE under Ministry of Mines, has reportedly cut its aluminium ingots prices by nearly 2 per cent, after hiking them three times in a row. The prices are now ranging between INR 150,350 per tonne and RMB 153,850 per tonne, compared to INR 152,850 –...
The Odisha High court decision that allowed Vedanta to take part in the tenders for the sale of its surplus alumina was challenged by Nalco. During the time, the lower court had welcomed Vedanta’s argument that it was competent to take part in the tenders as it operated from an export-oriented...
The National Aluminium Co. Ltd. raises the price of its aluminium ingots third time in a row. The Government of India owned aluminium producer has hiked the prices of its ingots by 2% approximately, and the cost now stands at INR 152,850 – 156,350 per tonne. As considered most of the aluminium...
The government’s manifesto to waive a clean energy cess levied on coal is anticipated to bring down production costs for aluminium and steel producers who use it as a fuel mix. The proposal, which focuses to enhance the financial health of power utilities and distribution companies, was put ahead...
The Indian state-owned aluminium giant Nalco is planning to re-evaluate its expansions plans, as per the words of Chairman and MD Sridhar Patra which came on 27 th December’19. He upfront refused to provide details as the planning has to be placed before the board for further approval. On the...
The National Aluminium Company Limited (Nalco) was allotted the Pottangi bauxite mines in Koraput district after the public hearing for environment clearance approved the mining project. Thousands of villagers around Pottangi block attended the meeting and expressed their support for the project....
According to Indian media report, the district administration of Koraput in Odisha, India would conduct an important public hearing on the proposed bauxite mining by Nalco in Pottangi block today. The public hearing on bauxite mining will allow villagers of the area around Pottangi block to put up...
National Aluminium Company Ltd (Nalco) plans to restructure its alumina sales strategy in international markets. The alumina producer, which has been selling its surplus alumina in spot markets instead of its earlier strategy of long term contracts, is planning to switch over to long terms...
National Aluminium Company (Nalco), on Tuesday, December 3, once again appealed the Supreme Court to challenge the Odisha High Court’s March order that allowed Vedanta’s Jharsugda unit to participate in the tender for the sale of surplus 30,000 tonnes of metallurgical grade calcined alumina. In...
The Navratna CPSE under the Ministry of Mines, National Aluminium Company, is aiming to extend the longevity of its alumina refining and aluminium smelting operations, and therefore, trying to bank on long-term raw material security. According to a report, Nalco wants to commence the operations of...
Two major Indian producers Hindalco and Nalco have raised aluminium prices in the domestic market following the rise in global aluminium price on London Metal Exchange. After cutting prices of aluminium products three times in a row, Hindalco Industries Ltd has increased the prices of its aluminium...
After increasing aluminium ingots prices for past three consecutive times, National Aluminium Company Limited (Nalco) reportedly cut the ingots prices by over 2 per cent, with effect from Wednesday, November 20, as trade sources told Cogencis. With this, the prices of the company ingots came down...
According to a recent report, The Jawaharlal Nehru Aluminium Research Development and Design Centre (JNARDDC) together with Aluminium Association of India (AAI), Material Recycling Association of India (MRAI) and Aluminium Secondary Manufacturers Association is organising a three-day event...
NALCO may have to close one more unit after shutting down three units of its Captive Power Plant, each of 120 megawatt capacity due to shortage of coal supply. This is likely to impact its aluminium smelting operations seriously. Nalco is currently drawing around 190 MW of power from the state grid...
National Aluminium Company Limited (NALCO) has reportedly launched Aluminium Alloy 1200 (AA 1200), adding one more downstream product to its existing product range. This alloy is similar to alloy AA 1100 and has a wide application in the manufacture of LED lamp cap. Tapan Kumar Chand, chairman and...
Falling global prices of alumina and primary aluminium are likely to put pressure on Indian primary aluminium producers, in terms of profits, warned Tapan Kumar Chand, Nalco’s chairman & MD at the company’s 38th annual general meeting on September 18, 2019. At present, the LME’s average price of...
National Aluminium Company Limited (NALCO) announced higher ever dividend on the occasion of its 38th Annual General Meeting (AGM). The company declared a record dividend payout of INR 1072.73 crore for the financial year 2018-19. The dividend was an increase from 114% in 2017-18 to 115 % in...
