NALCO's record FY26 sets stage for major aluminium expansion push
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 explores rare earth and valuable material recovery from bauxite residue and fly ash
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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Nalco in talks for smelters abroad
National Aluminium Company (Nalco), a navratna PSU under the Union ministry of mines, is in talks with six countries for setting up smelter units through joint ventures. "Nalco has approached the ambassadors of six countries- Indonesia, Vietnam, Malaysia, Qatar, Oman and Iran for setting up...
Nalco awaits nod for Potangi Mines
The National Aluminium Company (Nalco), which plans to add fifth stream to its alumina refinery at Damanjodi in Koraput district, is awaiting Government approval for Potangi bauxite mines. “If we get Potangi deposits, we will be able to expand our refinery capacity by one million tonne at Damanjodi...
NALCO to source green technology for 10 TPA gallium plant
National Aluminium Company (NALCO) has invited expression of interest (EoI) for sourcing an environment-friendly technology for a gallium plant it is planning to set up in Odisha. The aluminium major has plans to set up a 10 tonnes per annum (TPA) gallium extraction plant at its Alumina Refinery in...
Odisha presses Nalco for aluminium supply contract with Midal Cables
The state government has asked National Aluminium Company (Nalco) to initiate steps for executing a metal sales agreement with Bahrain-based Midal cables, which intends to set up its wire rod factory in the state in the proposed aluminium park. The industry department had to intervene as Nalco has...
Nalco plans to raise aluminium output
Witnessing demand recovery, state-owned National Aluminium Company Ltd (Nalco) has planned to marginally increase its aluminium output. The company had early this week reopened 10 aluminium-producing pots at its Angul smelter in Odisha. Last fiscal, Nalco had reduced its capacity utilisation by a...
Nalco’s Damanjodi refinery gets ISO 50001: 2011 certification
National Aluminium Company’s [NALCO] alumina Refinery located at Damanjodi in Koraput district of Odisha has got ISO 50001:2011 ‘Energy Management System certification’ by M/s. DNV-GL of Netherland. The refinery has been accorded this certification based on its highly energy efficient measures...
Nalco achieves highest ever turn-over, forex earning
Navratna' PSU Nalco has reported excellent results in terms of production performances and foreign exchange earnings for 2013-14. During the year, the company achieved record foreign exchange earnings of INR 3719 crore (provisional). As per the Public Enterprise Survey of Department of Public...
Nalco Mines receives environmental award
Panchapatmali Bauxite Mines of Navratna PSU National Aluminium Company Limited (NALCO), located in Koraput district of Odisha, has bagged awards at concluding ceremony of 16th Mines Environment & Mineral Conservation Week (MEMC) – 2013-14, held at Bhubaneswar, yesterday. Panchapatmali Bauxite Mines...
NALCO inks pact with ministry for higher production, sales
National Aluminium Company Limited (NALCO) has signed an MoU with Union Ministry of Mines regarding financial and non-financial targets for 2014-15. The MoU was signed between Anup K Pujari, Secretary, Ministry of Mines and Ansuman Das, CMD, NALCO, in New Delhi, yesterday, a company release said...
NALCO to have a solar project of 160 KW power
Aluminium major National Aluminium Company Limited (NALCO) will soon have a solar project of 160 KW solar power for its Corporate Office building here. The green project launched by NALCO CMD Ansuman Das recently is expected to generate green renewable energy of about 2.10 lakh units per annum for...
Nalco gets its first woman director
National Aluminium Company Ltd (Nalco) got its first woman director with Soma Mondal being appointed as the PSU’s director (commercial). Prior to the new assignment, Mondal was serving the company as executive director (marketing) at Nalco’s corporate office, a company release said today. After...
Ratio of stability in prices of aluminium & favourable rupee-dollar make it a good purchase: Nalco
Nalco’s third quarter numbers for the period 2013-14 were more or less expected except a small fall in production of alumina. The production has fallen on a quarterly basis due to the delay in the export shipment. But there has been a significant rise in alumina production on a year-on-year (y-oy)...
Nalco slips ex-dividend
National Aluminium Company fell 2.50% to INR 33.15 at 9:19 IST on BSE after the stock turned ex-dividend today, 5 March 2014, for interim dividend of INR 1.10 per share for the year ending 31 March 2014. Meanwhile, the BSE Sensex was up 69.30 points, or 0.33%, to 21,279.03. On BSE, so far 11,000...
Nalco’s capital expenditure falls by 32pc to $ 190M (approx) for FY 2014
The capital expenditure target of Nalco has been squeezed by 32% to $190M (approx) for the year 2014-15 as a result of repeated failure of this Public Sector Unit in meeting their targeted expenditure in earlier years. Moreover, the capital expenditure target of National Aluminium Company's (Nalco)...
Indian companies may not gain from global aluminium rally
Investors note, the recent upswing in aluminium premiums in the US and Europe may not benefit Indian aluminium manufacturers - Hindalco Industries and Nalco - as such premiums have been relatively stable in Asia. Aluminium prices on LME continue to be muted with production exceeding demand coupled...
NALCO sets up second wind power plant in Rajasthan
National Aluminium Company Limited (NALCO) has commissioned its second wind power project at Ludarva in the district of Jaisalmer in Rajasthan. The power plant boosts 47.6 MW capacity. The wind power project worth Rs 283 crore was executed through M/s Gamesa Wind Turbines Private Limited, according...
Nalco Q3 profit reports a leap of 10%
National Aluminium Company Ltd (NALCO) has reported a rise of 10 per cent in net profit at 21 million dollar (approx.) for the 3rd quarter ended Dec 31st. The Orissa based Navratna PSU had posted a net profit of 19 million dollar (approx.) during the corresponding quarter of the last fiscal year....
NALCO to announce Q3 results on Jan 29, 2014
A meeting of the Board of Directors of National Aluminium Company Ltd will be held on January 29, 2014, to take on record the Unaudited Financial Results of the Company for the quarter ended December 31, 2013 (Q3). Shares of National Aluminium Company Ltd was last trading in BSE at Rs.36.95, up by...
