NewsNalcoPage 51

Grow with
AL Circle

KNOW MORE
Nalco's search for foreign smelter site starts again
21 JAN 20145MINS

Nalco's search for foreign smelter site starts again

Amid a continuous rise in energy costs, persistent low aluminium prices are leading producers in the US and Europe to mothball high-cost smelters. Some are also reducing the amperage used in smelter pots to restrict metal production. Despite India sitting on electricity-generating coal resources of...

Mega Aluminum park by NALCO & Odisha to boost MSME sector in Odisha
08 JAN 20143MINS

Mega Aluminum park by NALCO & Odisha to boost MSME sector in Odisha

A seminar-cum-buyer seller meet & ancillary development programme held on the 6th day of Odisha MSME International Trade Fair hosted a number of representatives from various corporate and PSUs like NALCO, NINL, PPT, HCL, RSP-SAIL. Speakers present in the seminar urged the PSUs to come forward and...

NALCO appoints new Director of Finance
07 JAN 20141MINS

NALCO appoints new Director of Finance

K.C. Samal has assumed the office of Director (Finance) at National Aluminium Company Limited (NALCO) on 3rd January 2014. Prior to this assignment, he was working as the Executive Director (Finance) of the company. A fellow member of Institute of Cost Accountants of India, Shri Samal has...

Nalco gets 'excellent' tag among PSUs for 2012-13
30 DEC 20132MINS

Nalco gets 'excellent' tag among PSUs for 2012-13

National Aluminium Company (Nalco), a navratna PSU under Union mines ministry has got excellent MoU (memorandum of understanding) score of 1.5 by the department of public enterprises. The score is in recognition of Nalco's sterling performance in 2021-13. The aluminium major had last achieved the...

National Aluminium Company stock price down since last Dec
16 DEC 20131MINS

National Aluminium Company stock price down since last Dec

Global aluminium prices have been on a downtrend in the last few years. This has weighed on National Aluminium Company (Nalco) with its stock price falling around 30 per cent since last December to Rs 37 currently. The company’s margins are stabilising due to higher sale of alumina and lower input...

NALCO commercialises R&D process, signs pact with green energy
11 DEC 20131MINS

NALCO commercialises R&D process, signs pact with green energy

In a major step in Research & development, National Aluminium Company Limited (NALCO) has commercialised a laboratory-scale R&D process. In this regard, an MoU between National Aluminium Company Limited (NALCO) and M/s Green Energy Resources was signed here today. The R&D process is named...

India’s Nalco sells 5,000 tonnes of aluminium at $230/t premium
03 DEC 20131MINS

India’s Nalco sells 5,000 tonnes of aluminium at $230/t premium

India’s National Aluminium Co (Nalco) sold 5,000 tonnes of aluminium ingot at a premium of $230 per tonne over LME cash price on a Singapore cif basis, according to two trader sources familiar with the deal. Nalco’s tender, that closed last week, was for delivery of 1,250 tonnes of aluminium per...

India's NALCO bags EEPC Export Award
26 NOV 20131MINS

India's NALCO bags EEPC Export Award

National Aluminium Company Limited (NALCO), the Navratna PSU and India’s leading manufacturer-exporter of alumina and aluminium, has bagged the EEPC (Engineering Export Promotion Council, Eastern Region)’s Gold Trophy, as Top Exporter in the Large Enterprise Category, for its outstanding export...

Nalco temporary mining permit extended for 3 months
18 NOV 20132MINS

Nalco temporary mining permit extended for 3 months

The Union Ministry of Environment and Forests (MoEF) has extended the one-year temporary working permit (TWP) of aluminium major Nalco for three months for operating the central and north block of Panchpatmali mines at Damanjodi in Koraput district. The Union Ministry of Environment and Forests...

India’s Nalco sells 6,000 tonnes of aluminium at $229/t premium
16 NOV 20131MINS

India’s Nalco sells 6,000 tonnes of aluminium at $229/t premium

India’s National Aluminium Co (Nalco) sold 6,000 tonnes of aluminium ingot in a tender at a premium of $229 per tonne over the LME cash price on a cif Singapore basis, according to two trader sources familiar with the deal. The company’s tender was for delivery of 1,500 tonnes per month from...

NALCO Q2 profit after tax expected to rise upto INR 146.4 crore
11 NOV 20132MINS

NALCO Q2 profit after tax expected to rise upto INR 146.4 crore

National Aluminium Company (NALCO) will declare its second quarter (July-September) results today. Analysts expect strong improvement in operational performance during the quarter on account of lower base in a year ago period, but topline may shrink on lower volumes. According to a CNBC-TV18 poll,...

NALCO to announce Q2 results on Nov 11, 201
04 NOV 20131MINS

NALCO to announce Q2 results on Nov 11, 201

A meeting of the Board of Directors of National Aluminium Company Ltd will be held on November 11, 2013, to take on record the Unaudited Financial Results of the Company for the quarter ended September 30, 2013 (Q2). Shares of National Aluminium Company Ltd was last trading in BSE at Rs.35.65, down...

India’s Nalco sells 3,000 tonnes of aluminium at $227/t premium
29 OCT 20131MINS

India’s Nalco sells 3,000 tonnes of aluminium at $227/t premium

India’s National Aluminium Co (Nalco) sold 3,000 tonnes of aluminium ingot in a tender at a premium of $227 per tonne over the LME cash price on a cif Singapore basis, according to two trader sources. The company’s tender was for delivery of 500 tonnes per month from November to April, a trader...

Vedanta Aluminium aims to triple capacity despite alumina shortage
22 OCT 20132MINS

Vedanta Aluminium aims to triple capacity despite alumina shortage

Vedanta Aluminium Ltd will triple its capacity by 2015 to 2.3 million tonnes to cater for an expected surge in demand in India, its managing director said, even though its inability to source enough alumina at home has forced it to import the raw material. The company, a unit of London-listed...

Nalco Australia introduces new foam control technology for alumina processing
17 OCT 20132MINS

Nalco Australia introduces new foam control technology for alumina processing

Nalco Australia has released its new FoamGuard antifoam technology, which it says provides improvements in operating and cost efficiencies, as well as benefits for plant and operator safety. Available for either hot-end or cold-end applications, and developed to prevent the formation and...

NALCO, Auckland focuses on innovation & customer satisfaction
17 OCT 20133MINS

NALCO, Auckland focuses on innovation & customer satisfaction

NALCO, National Aluminium Ltd, based at Highbrook, Auckland is an award winning company and a leading supplier of aluminium extrusion and rolled product, They specialise in design and manufacture and distribute to both local and international markets. Recently they spoke to NZManufacturer Magazine...

Nalco's alumina exports marked a 50% rise in the first half
17 OCT 20132MINS

Nalco's alumina exports marked a 50% rise in the first half

State-run National Aluminium Co's alumina exports in the first half of the current fiscal vaulted 50 per cent from a year ago, mainly on account of the capacity expansion undertaken by the company. In the six months to September, Nalco exported 638,000 tonnes of alumina compared with 425,000 tonnes...

INR 15,000 cr alumina project to come up in Gujarat
14 OCT 20132MINS

INR 15,000 cr alumina project to come up in Gujarat

An alumina plant and aluminium smelter project worth INR 15,000 crore would be set up near Mundra in Kutch district of Gujarat, Union Minister of State for Mines Dinsha Patel said today. "The plant will come up near Mundra in Kutch district of Gujarat. It is a joint venture between National...