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...
Grow with
AL Circle
NALCO awaits rise in global prices to start full operations
NALCO may operate its sole smelter at 75 percent capacity until global prices of the metal recover or availability of cheap domestic coal increases, a company director said on Friday. The 460,000 tonne per annum capacity plant at Angul in eastern part of Odisha has been operating at reduced...
NALCO raises aluminium prices after global jump
National Aluminium Co Ltd has raised aluminium prices by INR 4,500 ($80.01) per tonne in the domestic market, company sources said. Now prices of standard aluminium ingots stand at INR 134,700 per tonne, the officials, who did not wish to be identified, said late on Saturday. NALCO revises prices...
Nalco stock hits low in 52-week
Nalco stock on Thursday came closer to its 52-week low of INR 32.70 as it touched day’s low at INR 34.35, but finished at INR 34.55, down 1.29 per cent on the BSE. According to analysts, market took a dim view of the integrated metal maker. Its net profit margin on sale has been gradually declining...
NALCO expects 20% volume growth in alumina in FY14
National aluminium company expects around 20 percent volume growth in FY14. During the year gone by, the firm's alumina refinery produced 1.802 million tonnes of alumina hydrate, which is an all-time high, against the previous best of 16.87 lakh tonne achieved in preceding year. According to...
NALCO net profit dips 13% in the fourth quarter
NALCO reported a 13% dip in net profit to USD 44.20 million for the quarter ended March 31, 2012 despite higher income. NALCO had reported a net profit of USD 50.67 million for the corresponding period of FY12. Total income of the company increased marginally by 4.63% to USD 335.49 million in the...
India's NALCO sells 30,000 T alumina at around $330/T
India's state-run National Aluminium Co Ltd (NALCO) has sold 30,000 tonnes of alumina at around $330 per tonne free on board (FOB) to a Singapore-based buyer, company sources said on Wednesday. The alumina will be shipped at the end of this month, said the sources at India's third-largest aluminium...
Nalco shuts down 200 pots due to coal shortage
Acute shortage of coal forced the National Aluminium Company to close down more than 200 pots in its smelter plant on Monday bringing down the production of aluminium by 250 tonne per day. Prior to this, Nalco was running 823 pots of the 960 pots in the smelter plant and the present shut down is...
NALCO raises aluminium prices to $2372.90/ton
Country's third-largest producer of aluminium, National Aluminium Co Ltd, has raised aluminium prices by $63.79 per tonne in the domestic market following a slight recovery in global prices, two company sources said on Friday. The basic price of standard aluminium ingots rose to $2372.90 per tonne,...
NALCO floats tender to export 30,000 tonnes alumina
State-run National Aluminium Co Ltd (NALCO), India's third-largest producer of aluminium, has issued a spot tender to export 30,000 tonnes of alumina, two company sources told Reuters on Tuesday. The last date of submission of bids is May 14 and delivery would be made at the end of this month, said...
NALCO may cut output by 25% due to coal shortages
NALCO may have to cut its daily aluminium output by 25 percent due to coal supply shortages caused by an accident at a mine that supplies fuel to the state-run aluminium producer, a company director said on Sunday. The company has received just 10,000 tonnes of coal a day for the past 10 days from...
NALCO cuts aluminium prices after global fall
National Aluminium Co Ltd , India's third-largest producer of aluminium, cut domestic prices of aluminium ingots by 3 percent following a drop in global prices, two company officials said on Friday. NALCO has been cutting prices over the past three months, during which aluminium prices have fallen...
Nalco aims for $4618 million turnover by 2020
State-owned aluminium producer Nalco aims over three-fold increase in its turnover to $4618 million by 2020. The Bhubneswar-based company in an MoU with the ministry of mines for 2013-14 said its gross sales is projected to go up to $1345 million in 2012-13 from $1280 million achieved a year...
Nalco pays 15 percent interim dividend
The state-run National Aluminium Company Limited has declared an interim dividend amounting to $36 million for the financial year 2012-13, which includes the Indian government share of $29 million. The cheque for interim dividend was handed over to union minister of mines Dinsha J. Patel, by Nalco...
Indian smelter plans rest on power rate
Long-seated plans by India’s Gujarat Mineral Development Corporation to set up both a 1Mt/yr alumina refinery and a 500kt aluminium smelter in Kutch, Gujarat, are still in abeyance. The company’s partner in the project, Nalco, has said that the development of an aluminium smelter would only be...
NALCO cuts domestic aluminium price
State-owned National Aluminium Company Ltd has decreased its domestic aluminium price by INR 3000 as the international price of the metal has come down, a company official said Wednesday. This is the third time since the start of last month that the Bhubaneswar-headquartered NALCO has revised the...
Indian Government raises $115 million through OFS
Government of India, the promoter of National Aluminium Company BSE 1.01 % , concluded its offer for sale of shares at INR 40, and raised $115 million on March 15. Soon after that the stock price nosedived to INR 33 in the next few trading sessions . In fact, there are many instances of stock...
NALCO marks highest ever turnover
National Aluminium Company Ltd. has reported excellent results in terms of sales turnover and foreign exchange earnings for the year 2012-13. During the year, the company achieved record sales turnover in excess of $1323 million and foreign exchange earnings of $625 million. Besides, in terms of...
Nalco to surrender 2,100 hectares of mining land
National Aluminium Co Ltd expects the proposal to surrender part of its mining land in the Panchpatmali bauxite deposit area will soon be cleared by the state mines department. Nalco intends to surrender 2,087 hectares of its 3,404 ha mining lease area, where no bauxite deposit was found after...
