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 High Level Clearance Authority (HLCA), headed by Chief Minister Naveen Patnaik, on Saturday, November 3, reportedly gave a nod to investment proposals for setting up six mega manufacturing facilities worth INR 25,845 crore. Out of six investment proposals, three are from Vedanta Ltd. and the...
One of the world’s largest mining and resources conference, the International Mining and Resources Conference is being held from October 29 to November 1 at Melbourne, Australia, the leading mining hub of the world. The conference is being attended by over 6,000 delegates from more than 90...
Aluminium consumption in India may reportedly double to 7.2 million tonnes in the next five years from the existing level of 3.6 million tonnes. This makes important to focus on downstream aluminium products to tackle the threat of growing imports. Mr. Tapan Kumar Chand, CMD of Nalco said this...
Alumina producers, including South 32 and Alumina Limited, on Thursday, October 4, reportedly experienced a sharp rise in shares post Norsk Hydro’s announcement of production shut at the world’s biggest alumina refinery Alunorte. Shares in Alumina Ltd rose as much as 11 percent on Thursday, October...
According to a report by CARE Ratings, India’s aluminium production, which was at 3.39 million tonnes in 2017-18, is forecast to remain stable or grow a little to 3.42 million tonnes in the fiscal year 2018-19. The giants like National Aluminium Company (Nalco), Bharat Aluminium (Balco), a...
NALCO CMD Dr. Tapan Kumar Chand disclosed a new business plan on Monday, October 1, 2018, to increase company’s 3-digit profit figure to 4-digits and 4-digit turnover to 5-digits. Under the new business plan, the company intends to put a complete focus on business excellence so as to turn into a...
The aluminium major National Aluminium Company Limited (Nalco) plans to set up aluminium foil manufacturing unit at Kamakshyanagar in Odisha to meet the challenges of providing alternative solutions to the packaging industry, said Nalco Chairman and Managing Director Dr Tapan Kumar Chand while...
The Hyderabad-based defence public sector unit, Midhani or Mishra Dhatu Nigam Limited has announced a dividend of INR 39.4 crore or INR 2.10 per equity share for FY 2017-18. During FY 2017-18, the manufacturer of speciality materials for strategic sector registered a net profit of INR 131.26 crore...
As Nalco’s chairman and managing director Dr. T. K. Chand say that the navratna company is always focused on constant value addition, this time it has decided to place high stakes on downstream aluminium business. After co-developing a downstream park with Odisha Industrial Infrastructure...
The state-owned Navratna firm National Aluminium Company Limited (Nalco) never misses to top the headline either because of its new project plan or new collaboration or extraordinary business achievements. Recently, according to a report published in Reuters, Nalco is planning to invest INR 55.2...
Indian aluminium major NALCO said on August 29 that its net profit for 2017-18 doubled to INR 1,342 crore from INR 669 crore recorded one year ago credited it to its new business plan which has put the company on a new growth path. "The company achieved highest net profit in last 10 years of Rs...
The state-owned Navartna Company under Ministry of Mines National Aluminium Company Ltd. (Nalco) has reportedly pitched for Angul Aluminium Park as a potential area for collaboration with Russia for technology and investment, on August 29. This news came after a discussion in the seventh session of...
After the publication of Q1 2018 results, Nalco CMD TK Chand said alumina business is pushing up Nalco profitability. He said the PBT from alumina segment stood at INR 1125 crore. Nalco drives the alumina export segment in India every year being the top alumina producer and exporter. Nalco...
State-owned aluminium major National Aluminium Company (Nalco) has intimidated that it is making all efforts to procure more materials from mid-sized, small or micro enterprises. Reportedly, the procurement will expand from the current level of INR 400 crore to INR 1200 crore in the coming time....
On August 9, the state-run aluminium major National Aluminium Company (Nalco) laid a foundation stone to set up a new aluminium wire rod manufacturing facility at its existing plant at Angul. This 131-crore project will reportedly have an installed annual capacity of 40,000 tonnes per year (alloy...
National Aluminium Company (Nalco), one of the largest integrated aluminium companies, wears a success hat for recording a fivefold jump in net profit in the first quarter of financial year ending on June 30, 2018. From INR 129 crore in the year-ago period, the state-run firm’s net profit has...
The National Aluminium Company Limited (Nalco), a government of India Enterprise and Navaratna Company, has come forward for bauxite mining in the agency area of Visakhapatnam district, along with a plan to set up an aluminium plant. Minister of state for mines Haribhai Parthibhai Chaudhary...
On the expected three-fold growth in steel and aluminium consumption by 2030, Nalco CMD Tapan Kumar Chand declared that skilled manpower will get their due values. He said, “The pattern of employment is undergoing a drastic change. The skill sets need to be realigned to meet the demands of the...
