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 achieves record production
The National Aluminium Company Ltd. (Nalco) achieved the highest-ever bauxite production of 50.03 lakh tonnes in 2011-12, against the previous best of 48.79 lakh tonnes in 2009-10. The alumina refinery of the company produced 16.87 lakh tonnes of alumina hydrate. However, during the year, the metal...
Nalco all set to clinch bauxite sourcing deal from Gujarat
Nalco is poised to clinch a crucial deal for bauxite sourcing from Gujarat. Its negotiations with Gujarat Minerals Development Corporation (GMDC) reached the “final stage”, the CMD of Nalco, Mr B.L. Bagra, told Business Line. The GMDC board recently approved the arrangement for sourcing through a...
India's NALCO says 2011/12 aluminium output down 6.98 pct
India's National Aluminium Co Ltd (NALCO) said on Tuesday aluminium production fell 6.98 per cent in the 2011/12 fiscal year dragged by higher raw material costs due to a coal shortage and weak overseas prices. State-run NALCO, India's third-largest producer of aluminium, produced 413,000 tonnes of...
NALCO reports record bauxite and alumina production in FY12
State-run National Aluminium Company Ltd. (NALCO) has reported highest ever bauxite and alumina production for the year 2011-12. The company has achieved the highest-ever bauxite production of 50.03 lakh tonnes, against the previous best of 48.79 lakh tonnes achieved in 2009-10, company sources...
Government to divest 10 per cent equity in NALCO
The government is actively considering divestment of 10 per cent equity in National Aluminium Company Limited (NALCO) and has circulated a draft proposal to various ministries, including the ministry of mines, for their comments, minister of state for finance SS Palanimanickam said on Tuesday....
NMDC, NALCO have no regular chairmen on position: Govt
The government today said that of the 16 Navratna PSUs, only two -- NMDC and National Aluminium Company -- have no regular chairmen in position. "In two Navratna Central Public Sector Enterprises (CPSEs), namely, NMDC and National Aluminium Company, a regular Chairman is not in a position on date,"...
Minister seeks expert opinion on Nalco ash pond
Undecided over arguments placed by National Aluminum Company (Nalco) and State Pollution Control Board (SPCB) on whether to permit the height increase of the aluminum maker's ash pond tanks, Debi Prasad Mishra, minister of forest and environment of Orissa government has sought an expert committee...
India considering 10 pct stake sale in NALCO-jr fin min
The Indian government is actively considering a 10 percent stake sale in state-run National Aluminium Co Ltd (NALCO) as part of its asset sale programme, Junior Finance Minister S.S. Palanimanickam told lawmakers in parliament on Tuesday.
Nalco shares rise 4 per cent as government considers stake sale
Shares of country's second largest aluminium producer Nalco gained about 4 per cent on the BSE, after the government today said it is actively considering disinvestment of 10 per cent stake in the PSU. The company's scrip settled for the day 3.92 per cent higher at Rs 55.70 on the BSE, valuing the...
'India’s Nalco Invests Big in 2013
The government–controlled aluminum company, National Aluminum Company Limited (NALCO) plans to invest Rs 23.43 billion ($478 million) next fiscal year, to increase capacity, reports Business Line. Citing the 2012-13 budget documents, the newspaper report says that the proposed investment represents...
Betting big on Gujarat, Odisha for refinery & smelter: BL Bagra, NALCO CMD
State-run National Aluminium Co (Nalco) plans to expand operations both in the country and overseas. Acting chairman and managing director BL Bagra tells ET that the country's third-largest aluminium maker will also invest in thermal, nuclear and wind power plants as part of its move into the...
NALCO's smelter plant may be closed down
The manufacturing unit of the state-run National Aluminium Company Limited (NALCO) now faces a serious threat of being closed down on account of its inability to manage massive amounts of fly ash. In a letter addressed to B.L. Bagra, NALCO's chairman-cum-MD, the State Pollution Control Board (SPCB)...
India's NALCO targets 8 pct rise in 2012/13 revenue
India's state-run National Aluminium Co Ltd (NALCO) is targeting revenue of 70.73 billion rupees ($1.41 billion) for the next fiscal year, about 8 percent higher than the current year's target, the company said in a statement. NALCO, India's third-largest aluminium maker, on Monday signed a pact...
NALCO puts out export tender for 6,000T aluminum
BHUBANESWAR: India's state-run National Aluminium Co (NALCO) has issued a tender to export 3,000 tonnes each of aluminium ingots and aluminium sows, Ansuman Das, commercial director at NALCO, said on Tuesday. The last date for submission of bids is March 26. The metals would be shipped in batches...
Nalco turnover targeted at Rs 7,073 cr in 2012-13
National Aluminium Company Limited (Nalco) has signed a Memorandum of Understanding (MoU) with the Union ministry of mines on the aluminium major's physical and financial targets for 2012-13. As per the MoU, the company's turnover target has been fixed at Rs 7073 crore, which is Rs 500 crore higher...
Nalco to invest Rs 2,343 crore in FY'13
State-owned aluminium firm Nalco plans to invest Rs 2,343 crore next fiscal, a 76 per cent rise in capital expenditure over FY'12, to increase capacity, according to 2012-13 Budget documents. A disinvestment candidate for the government's Rs 30,000 crore mop up target, Nalco spent Rs 1,333 crore...
India's NALCO Sells Aluminum at $165/T Premium
Indian state-run National Aluminum Co Ltd (NALCO) sold 2,100 tonnes of aluminum billets at close to $165 per tonne premium over the average LME cash price on a cost, insurance and freight basis, a senior company official said. The metal will be shipped in six batches of 350 tonnes each from April...
NPCIL forms a new company in joint venture with NALCO
Nuclear Power Corporation of India Limited ( NPCIL ) has formed a new company in joint venture with National Aluminium Company Limited ( NALCO). The new JV company , namely N PCIL-NALCO Power Company Limited was incorporated on March 2, 2012. The first meeting of the board of directors of the JV...
