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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It has been reported that the Odisha government is yet to put the state’s bauxite blocks into auction. According to the Ministry of Mines website, till now, six bauxite blocks have been offered for competitive bidding this year and those are all located in Maharashtra. Odisha government has not put...
NALCO has bagged Dun & Bradstreet PSU Awards 2019 under the category Best Export Performance. NALCO received the award from the Union Minister of Heavy Industries and Public Enterprises Shri Arvind Sawant at the PSU Award ceremony in New Delhi Dun & Bradstreet, one of the leading knowledge...
According to a recent report, a 7 per cent growth in aluminium demand in India during April-June quarter of the financial year 2019-20 failed to boost production as consumption remained moderate in industries facing liquidity crunch. Sales of aluminium companies also fell by 10.8 per cent in that...
National Aluminium Company Limited published unaudited financial results for the quarter ended 30th June, 2019. The company reported 29.91 per cent drop in sales in the quarter. Sales in in the quarter ended June 2019 stood at INR 2084.08 crore as compared to INR 2973.31 crore in the quarter ended...
According to a recent report, National Aluminium Company (Nalco) has proposed to set up a new division where it will develop technology for making equipment specific to the domestic aluminium sector. As per the report, the Nalco board has already cleared the proposal and sought approval of the...
According to a recent report, National Aluminium Company (Nalco) has signed a contract with Mishra Dhatu Nigam (Midhani) to form a joint venture company (JVC) for setting up a high-end aluminium alloy plant, where they will together manufacture aluminium plates and sheets. "We would like to inform...
NALCO has signed a Memorandum of Understanding (MoU) with NIT, Rourkela & NIT Rourkela Alumni Association (NITRAA) for the creation of a Centre of Excellence. The objective of collaboration is to develop entrepreneurs by supporting technology-driven start-up companies to improve manufacturing &...
The rates of National Aluminium Co Ltd's aluminium ingots are at their highest level in two months after the company hiked the prices of these products on Friday. The government-owned aluminium maker has raised the prices of these products by 1% in the domestic market. This was following the recent...
Nalco is looking at venturing out beyond aluminium to invest in value added segments like production of high-end alloys for space vehicles and electric cars and lithium battery production; the company chairman TK Chand said this in an interview to Economic Times. The company is also planning to...
The bauxite mine of National Aluminium Company Ltd (NALCO), located in the picturesque Koraput district of Odisha, has bagged the coveted ‘Golden Peacock Environment Management Award’ for the year 2019 for setting global benchmarks in Environmental Management. NALCO received the award at a ceremony...
National Aluminium Company will reportedly invest INR 17,000 crore to enhance its production capacity. Nearly half of the proposed investment will be made in association with joint venture partners. The state-run aluminium maker will invest around INR 6,000 crore on its own for establishing some...
For outstanding financial and production achievements over the past four years, the CMD of National Aluminium Company Limited, Dr. Tapan Kumar Chand, has been honoured with the ‘Global Indian Business Leader’ award on June 17, 2019. On behalf of Dr. Chand, Nalco DGM (Corporate Communication)...
The Navratna PSU under Ministry of Mines, National Aluminium Company, has reportedly issued its performance report of fiscal 2019 ended on March 31, registering the best financial and production performance in a decade. With the net profit of INR 1,732 crore, Nalco posted a 29 per cent jump from...
According to the latest media report, Supreme Court admits NALCO’s petition for hearing on alumina sales tender to domestic customers. It was earlier reported that Nalco urged the Supreme Court to challenge Odisha High Court for allowing Vedanta’s Jharsugda unit's participation in the tender...
A navratna CPSE National Aluminium Company Limited (Nalco) has reportedly urged the Supreme Court to challenge Odisha High Court for allowing Vedanta’s Jharsugda unit's participation in the tender floated by Nalco for the sale of surplus alumina. Nalco pointed out that according to policy the...
In an interview with The Economic Times, Nalco Chairman cum Managing Director Dr. Tapan Kumar Chand said that the company's aluminium production is estimated to grow this year by 6 per cent and consumption by 4 per cent worldwide. This shows production will remain ahead of consumption. However, the...
Vedanta Limited has become the highest aluminium producer in India in FY2019, the data showed after the publication of its production results for the year ended 31st March 2019. Vedanta’s aluminium production stood at 1,959,000 tonnes in FY2019, an increase of 17% year-on-year from 1,675, 000...
National Aluminium Company Limited (NALCO) has posted its year-round achievements for fiscal 2018-19, where it mentioned about recorded capacity production of bauxite at Panchpatmali Mines totalling 74.14 lakh tonnes, which is the highest since inception. The transportation of the ore has also been...
