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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<p>The state-owned aluminium producer National Aluminium Company (Nalco) is aiming at paring down aluminium output cost by eight-nine per cent to increase long-term profitability in a changed business scenario. The company aims to do that by ramping up production through brownfield expansion and by...
<p>India's Navarana PSE National Aluminium Company (Nalco) expects to commence construction at its alumina refinery complex at Damanjodi, in the Koraput district of Odisha, in February 2017, according to industry reports. The vertically integrated aluminium producer had announced a major expansion...
<p>Indian aluminium industry is finally aligning itself with the global trend of downstream integration. For the 4.129 million tpy-capacity primary aluminium industry which happens to be blessed with the proximity to one of the world’s richest bauxite reserves- the principle ore for aluminium...
<p>State-owned aluminium producer National Aluminium Company (Nalco) is inching towards setting up its long-awaited second aluminium smelter and power complex in Odisha within the premises of its present plant at Angul at a total cost of INR 14,000 crore.<br /><br />Earlier, Nalco had identified...
<p>State-run National Aluminium Company Limited (Nalco) has inked a Memorandum of Understanding (MoU) with the Union Ministry of Mines, India, to meet an ambitious revenue target of INR 7,100 crore (excluding excise duty) from its operations, the company said in a release. The Mou was signed...
National Aluminium Company (NALCO) was trading higher by 4 per cent to INR 50.10 on the BSE in an otherwise subdued market after the company announced that the government has granted Pottangi Bauxite Mines, in Koraput district of Odisha, where the company's 22,75,000-tonne alumina refinery is...
Aluminium is currently moving in the range of USD 1,620-1,650 per tonne range. In the first quarter of the current fiscal, aluminium price was average around USD 1,514 per tonne. In the second quarter, it climbed up to USD 1,576 per tonne average during that quarter. Right now in July, last 12...
Odisha’s Department of Steel & Mines has granted the lease of Pottangi Bauxite Mines, in Koraput district of Odisha to Navaratna PSU National Aluminium Company Limited (NALCO), a company press release reported yesterday. The lease, which covers an area of about 4,295 acres has been granted for a...
Shares of Hindalco and Nalco surged in Tuesday's (July 12) trade after the world's third-largest aluminium producer reported a beat in its Q2 earnings. Alcoa's earnings per share (EPS) grew 66 per cent for the quarter, its second quarterly earnings beat for the year. The aluminium giant has guided...
Aluminium Association of India (AAI) is organizing a national seminar on 'Aluminium: The Strategic Metal' in Bhubaneswar on Thursday June 30, 2016. A number of companies and associations along with key professionals from across the country's aluminium industry value chain are expected to attend the...
India's state-owned aluminium maker National Aluminium Company (Nalco) and the Defence Ministry's Mishra Dhatu Nigam Ltd (MIDHANI) are in talks to set up an aluminium-lithium alloy plant. Lithium is the hottest metal today, with its demand underlined by the Space X and Tesla ventures of maverick...
Nagpur-based JNARDDC develops detoxifying process that destroys 98 per cent of cyanide from the aluminium waste and converts it into Carbon that can be used in place of coal. Dealing with hazardous waste, especially destroying cyanide contents from Spent Pot Lining (SPL), was a cause of concern for...
Iran is stepping up talks with potential foreign investors with an eye to developing its mining and metals industries, Mehdi Karbasian, president of state-owned Imidro, the Iranian Mines and Mining Industries Development and Renovation Organization, said. Imidro recently held talks with Rio Tinto...
National Aluminium Company is currently trading at Rs 42.15, up by 0.30 points or 0.72% from its previous closing of Rs 41.85 on the BSE. The scrip opened at Rs. 41.85 and has touched a high and low of Rs. 42.75 and Rs. 41.75 respectively. So far 105486 shares were traded on the counter. The BSE...
At a time when 70% aluminium companies world over have reported loss, as also reduced production, and the aluminium industry is reeling under heavy pressure due to sluggish international market, National Aluminium Company Limited (NALCO), a Navratna PSU under Ministry of Mines, Government of India,...
State-owned major, National Aluminium Company Limited (Nalco) and Iranian Mines & Mining Industries Development Renovation Organization (IMIDRO) have signed a memorandum of understanding (MoU) to jointly explore the possibility of setting up an aluminium smelter in Iran. The signing of the MoU...
State-run aluminium maker National Aluminium Company (Nalco) has entered into a memorandum of understanding (MoU) with Bhabha Atomic Research Centre (BARC), Mumbai, for Research and Development (R&D) in fields of mutual interest. Extraction of Gallium from Bayer Liquor will be NALCO's first R&D...
Indian steel companies have seen their fortunes swing back after implementation of the minimum import price but aluminium majors await similar triggers. The recommendation of the Directorate General of Safeguards for a provisional safeguard duty of five per cent ad valorem for 200 days had lifted...
