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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The Odisha High Court has reportedly granted permission to the mining giant Vedanta to participate in the tender floated by state-run navaratna company NALCO for sale of surplus alumina. This judgement from the Odisha High Court is expected to provide a major relief to Vedanta. The aluminium major...
Public sector National Aluminium Company (Nalco) is reportedly eyeing Jerrela block of bauxite ore in Visakhapatnam district for allotment. The news came after Nalco Chairman and Managing Director T.K. Chand told The Hindu that company requested the Centre to allot it Jerrela block that homes huge...
India Day was celebrated at the Prospectors and Developers Association of Canada (PDAC 2019) in Toronto—the world’s leading mineral exploration and mining convention, on 5th March 2019. On the occasion, Nalco CMD Tapan Kumar Chand invited global investors, technology suppliers and equipment...
National Aluminium Company Limited (NALCO) aims to raise its net profit to more than INR 2,000 crore by 2020 and INR2,500 crore in next three years, said Tapan Kumar Chand, CMD NALCO, while inaugurating the 2 day long 5th National management conference (NamCon-2019) on “Weatherproof organization:...
National Aluminium Company Limited (NALCO), announced its financial results for the third quarter ended December 2018 and up to end third quarter 2018-19. India’s leading manufacturer and exporter of alumina and aluminium posted a higher than expected operating profit of INR589 crore in the 3rd...
Some industry stalwarts at the International Conference on Aluminium (INCAL) opined that Odisha offered tremendous opportunities to investors to set up downstream aluminium industries. INCAL-2019, jointly organised by NALCO, Aluminium Association of India and the Ministry of Mines, is taking place...
A Navaratna CPSE under Ministry of Mines National Aluminium Company Limited (Nalco) has reportedly aimed at achieving a net profit of over INR 1,600 crore and revenue of INR 12,000 crore during the on-going fiscal 2018-19. The news came after the company’s CMD Dr. Tapan Kumar Chand said: "We have a...
With the international aluminium price hovering at 20-month low, the earnings outlook for the domestic aluminium producers are at a risk and is banking heavily on import duty hike. Currently the three months LME aluminium prices are at US$ 1846 per tonne, much lower than what analysts had...
Indian aluminium producers applaud the fact that the Indian commerce ministry is in favour of raising the import duty on aluminium to support domestic manufacturers. This could come as big support for domestic manufacturers of aluminium products as the aluminium demand India is currently very...
National Aluminium Company Ltd. (Nalco) has planned to invest INR 45,000 crore in brownfield and greenfield project expansion in the next few years, its Chairman and Managing Director Dr. Tapan Kumar Chand said. Nalco will invest around INR25,000 crore in brownfield expansions, which include...
National Aluminium Company (NALCO), a Navratna CPSE under Ministry of Mines, adds one more feather in its cap by undertaking a product diversification. It is reportedly producing a new product Strontium Modified Aluminium Billets CH-91 grade, which will particularly benefit the end-product...
Alumina refinery of Navratna NALCO, located at Damanjodi in Koraput District of Odisha has received the CII-Exim Bank Business Excellence Award for the year 2018 in the Gold Plus category. The Award is based on the internationally recognized EFQM Excellence Model and is considered to be one of the...
According to trade sources Nalco, Vedanta and Hindalco have cut prices of their products in accordance with the falling aluminium prices. Hindalco Industries Ltd is also reported to have cut the prices of aluminium products by more than 1%, effective November 21. The basic price of Hindalco’s P1020...
The state-owned National Aluminium Company (Nalco) announced its plan for Brownfield expansion by five lakh tonnes and Greenfield by six lakh tonnes per annum in the next few years. The navaratna company, which at present produces 4.6 lakh tonnes of primary aluminium, eyes to establish a Greenfield...
National Aluminium Company Limited ’s (NALCO) hi-tech pavilion at the Make in Odisha Conclave 2018 used the latest technologies including 3d holographic display, virtual reality (VR), touch screen, gesture driven interactive wall etc to showcase its production units, products, CSR activities,...
The state-run National Aluminium Company Limited has reportedly decided to bid at the auctions of 21 bauxite blocks to be put up for allocation by the governments of Jharkhand, Chhattisgarh, and Madhya Pradesh. According to the report, Nalco will put in bids for captive consumption and start...
On Wednesday, November 14, the state-owned National Aluminium Company Limited (Nalco) announced share buyback offer worth INR 505 crore. “The date of opening of the buyback is Tuesday, 13 November, and the date of closing of the buyback offer is Wednesday, 28 November,” National Aluminium Company...
National Aluminium Company Limited (NALCO) has once again repeated its strong performance by posting a turnover of INR5952 crore in the first half of FY 2018- 19, registering a growth of 42% YoY. The company has posted net profit of INR 1197 crore during the first half of 2018-19, up 229% from...
