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
KediaCommodity offers Commodity Trading Tips for Aluminium
Aluminium yesterday traded with the negative node and settled -0.05% down at 109.8 declined to a two-week low after Socialist Francois Hollande was elected president of France, prompting concerns that austerity efforts may be derailed, and US payrolls rose by the least in six months. NALCO has also...
Gujrat govt to decide on Nalco's smelter project soon
Ahmedabad, May 7 (PTI) Gujarat government is likely to take a final decision on setting up of an alumina plant and aluminium smelter in joint venture with Navratna PSU Nalco soon, a top official said. State-run Gujarat Mineral Development Corporation's (GMDC) board had recently discussed the JV...
NALCO issues 12,000 tonnes aluminium export tender
India's state-run National Aluminium Co has issued a tender to export 12,000 tonnes of aluminium ingots, its commercial director Ansuman Das said today. The last date for submission of bids is May 8. The metal would be shipped in six batches of 2,000 tonnes each from May to October. NALCO, whose...
Alstom wins twin contracts from NALCO and RINL
Alstom, a global leader in power generation technology, today announced the award of two contracts in India – one for the supply of a Fume Treatment Plant at National Aluminium Company's (NALCO) Angul plant and the other for the supply of a Stock House Dust Extraction System at Rastriya Ispat Nigam...
NALCO’S Smelter Project gets approved by Indonesian Investment Coordination Board
Minister of Mines (Independent Charge), Shri Dinsha J. Patel informed Rajya Sabha today in a written reply that National Aluminium Company Limited(NALCO’s) proposal to set up the Rs 16,500 crore aluminium smelter and captive power plant project has been approved by Indonesian Investment...
Nalco staff oppose alumina sale to Vedanta
Employees of Nalco here have threatened to launch protests against the reported move of the company to sell alumina to Vedanta Aluminium Limited (VAL). On Friday, a few employees under Nalco Sramik Congress Union organized a demonstration in front of the company's captive power plant. A day before,...
India's NALCO sells aluminium at $152/T premium
Indian state-run National Aluminium Co Ltd has sold 12,000 tonnes of aluminium ingots at $152 per tonne premium over the average LME cash price on a CIF basis to a South Korean buyer, Commercial Director Ansuman Das said on Friday. NALCO, whose tenders serve as a global benchmark, last sold 6,000...
Lanjigarh ban may spur Sterlite-Nalco alumina deal
Sterlite Industries is in talks with state-owned National Aluminium Company (Nalco) to source alumina for its Vedanta Aluminium plant. The flagship company of Vedanta Resources Plc is also looking at importing alumina in order to ramp up the capacity of its Lanjigarh plant in Orissa to 2 million...
Nalco ‘secures' supply of raw materials for Gujarat project
National Aluminium Company (Nalco) has in principle “secured” supply of all key raw materials – bauxite, limestone, coal and caustic soda – for a proposed one lakh tonnes a year alumina project in Gujarat. Mr B.L. Bagra, CMD of Nalco confirming the development told Business Line here on Friday that...
India's NALCO sells 30,000 T alumina at $325/T
Indian state-run National Aluminium Co Ltd has sold 30,000 tonnes of alumina at about $325 a tonne free-on-board via a tender, a senior company official said on Friday. The alumina, which will be shipped next month, was bought by a European trader, Commercial Director Ansuman Das said. NALCO, whose...
Nalco Registers Lower Aluminium Output Due to Coal Shortage
Riding on the back of Stuart’s aluminum production story last week, India‘s state-owned National Aluminium Co. (Nalco) announced that aluminum output dropped in 2011-12 to 413,000 metric tons against 444,000 metric tons in the previous financial year, according to a Business Line report. The...
Anand Rathi Securities has chosen NALCO as value pick
Anand Rathi Securities has chosen NALCO as value pick. It has recommended `Buy` on NALCO for target price of Rs 90 (Time horizon: 24 months). Prices to stabilize from Q4 2012 Aluminium prices have tumbled almost 30% in a year on worries about the strength of the global economy and thus potential...
Nalco Foundation pays Rs 2 cr advance for ITI at Damanjodi
Nalco Foundation, the CSR arm of Navaratna PSU National Aluminium Company Limited, will sponsor an Industrial Training Institute (ITI) to be set up at Marichamal in tribal-dominated Damanjodi in Odisha's Koraput district, at an estimated cost of Rs 4.08 crore. Nalco Foundation chairman B L Bagra...
Nalco plans Rs 18Kcr investment in aluminium smelter in Odisha
State-owned Nalco is looking to set up a new aluminium smelting facility of 5 lakh tonnes and 1,250 MW captive power plant in Odisha's Sundargarh district at an investment of Rs 18,000 crore, a top company official said. "An independent consultant has confirmed that there is no problem of water in...
Nalco plans another nuclear power plant with NPCIL
New Delhi: After Kakarapar Atomic Power Station (KAPS) in Gujarat, state-owned aluminium major Nalco is looking to set up another nuclear power plant in collaboration with Nuclear Power Corporation of India Ltd (NPCIL). An NPCIL-Nalco joint venture is already executing unit 3 and 4 of Kakarapar...
Nalco pleads mechanism for use of periphery fund
National Aluminium Company Ltd (Nalco) has raised concern over provision for utilisation of 26 per cent profit earned by mining companies for affected people envisaged in the Mines & Minerals (Development & Regulation) Bill. It has stressed on developing a robust mechanism to ensure optimum...
Nalco Stock Sizzling with Rs 61
After finding ground at around Rs 53, National Aluminium Company Ltd (Nalco) jumped more than 11 per cent with good volumes in the previous week. This rally has breached the stock's immediate resistance at Rs 59 as well as its 21 and 50-day moving averages. However, the stock is currently testing...
Nalco output drops on coal short supply
Lower supplies from Mahanadi Coalfields affected primary metal production of National Aluminium Co (Nalco) last fiscal. Aluminium output dropped in 2011-12 to 4.13 lakh tonnes against 4.44 lakh tonnes in the previous financial year. The energy-intensive aluminium production at Nalco's Odisha...
