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 may partner GMDC for Rs 15,000-cr project
National Aluminium Company (Nalco), the Orissa-headquartered and central government-owned company, has turned out to be the sole final bidder for Gujarat Mineral Development Corporation’s (GMDC) Rs 15,000-crore aluminium project in Kutch,Gujarat. V S Gadhvi, managing director of GMDC, which is...
Aluminium prices, coal shortage a dampener for Nalco
State-run Nalco's per share earnings for the July-September quarter reduced by a third compared to a year ago as the company's operating expenses rose almost 30% and the lack of availability of coal compelled the aluminium producer to cut down production at its Angul unit in Orissa, thereby...
Nalco Q2 FY2012 performance highlights and results update
Nalco Q2 FY2012 profitability was significantly below our expectations on account of higher than expected raw aterial and power and fuel costs. We have a Neutral view on the stock. Higher realization leads to net sales growth: For Q2 FY2012, Nalco’s net sales grew by 8.9% YoY to INR 1,584cr mainly...
Nalco aims 30000-60000 tonne additional alumina sale in Q3
During the second quarter FY12, Nalco 's net sales were up 8.9% at Rs 1583.7 crore versus Rs 1454.7 crore (YoY) and profit after tax (PAT) was down 38% at Rs 139.3 crore versus Rs 224.04 crore (YoY). The second quarter results were well below the street?s estimates in terms of earnings. A huge fuel...
India's NALCO sells aluminium at $89/T premium over LME
Indian state-run National Aluminium Co. Ltd (NALCO) has sold 9,000 tonnes of aluminium ingots at $89 per tonne premium over the average LME cash price on a cost, insurance and freight basis, a senior company official said on Friday. The metal will be shipped in six batches of 1,500 tonnes each from...
NPCIL, NALCO form JV to set up nuclear power plant
Nuclear Power Corporation of India Ltd (NPCIL) and National Aluminium Company Limited (NALCO) have entered into a joint venture agreement for setting up nuclear power plants across the country. The agreement was signed by Dr. SK Jain, Chairman and Managing Director, NPCIL and BL Bagra, Chairman cum...
NALCO to announce Q2 results on Nov 12, 2011
A meeting of the Committee of Directors of National Aluminium Company Ltd is scheduled to be held on November 12, 2011 to take on record the Unaudited Financial Results for the quarter ended September 30, 2011 (Q2). The stock was trading at Rs.62.55, down by Rs.0.60 or 0.95%. The stock hit an...
Nalco begins water hunt in Sundergarh
BS reported that barely a month after hinting at moving out of Orissa because of unavailability of land to set up its second smelting plant, National Aluminum Company has started a water availability study in Sundergarh district. Nalco has engaged Lahmeyer International for conducting the study. As...
NALCO institutes water study for proposed smelter
National Aluminium Company Limited (NALCO), has engaged Lahmeyer International for conducting water availability study for its proposed greenfield smelter in Orissa's Sundargarh district, official sources said. The Navratna PSU's move came following the state government's suggestion to look for new...
India's NALCO issues 9,000 T aluminium ingots export tender
India's state-run National Aluminium Co (NALCO) on Tuesday issued a tender to export 9,000 tonnes of aluminium ingots, a senior company official said. The last date for submission of bids is Nov 9. The metal would be shipped in six batches of 1,500 tonnes each from November to April, Ansuman Das,...
India's NALCO sells aluminium at $97/T premium over LME
Indian state-run National Aluminium Co. Ltd (NALCO) has sold 7,500 tonnes of aluminium ingots at $97 per tonne premium over the average LME cash price on a cost, insurance and freight basis, a top company official said on Thursday. The metal will be shipped to a Hong Kong-based buyer in six batches...
Orissa gives nod to NALCO for new bauxite mine
Orissa has given its nod for leasing a new bauxite mine in the state's Koraput district to state owned National Aluminum Company Limited. Mr AMR Dalwai state Steel and Mines Secretary said that the state government has leased the Potangi bauxite mine to the company and recommended it to the central...
Nalco gets notice for non-execution of Panchpatmali mine
The Orissa government has sent a show cause notice to National Aluminium Company (Nalco), a Navratna public sector unit, on the non-commencement of work at the company’s Panchpatmali bauxite mine in Koraput district which has been not been operational since 2009. The company has been asked to reply...
NALCO Launches Aluminium chequered sheets for automobile industry
National Aluminium Company Limited (NALCO), the Navratna PSU under the Ministry of Mines, has added another product to its portfolio with the launch of aluminium chequered sheets. NALCO's smelter at Angul in Orissa has started production with thickness ranging from 0.60 mm to 3 mm. The new product...
NALCO continues output cut as coal supply stays thin
The state-run National Aluminium Company Ltd continued to cut its daily aluminium output by ten percent because of the prevailing coal crisis, a senior company official said Thursday. The production cut at its smelter in Orissa's Angul town, about 160 km from here, is likely to continue for some...
Indonesia says UAE to invest $9.5 bln in aluminium smelters
The United Arab Emirates plans to invest $9.5 billion in aluminium smelters in Indonesia's Kalimantan region, Indonesia's ambassador to the UAE said on Wednesday. "Emirates Alumunium will invest $4 billion in West Kalimantan to build an alumunium smelter and a power plant...Ras Al Khaima Investment...
India's NALCO issues 240,000 T alumina export tender
Indian state-run National Aluminium Company has issued a LME-linked tender for export of 240,000 tonnes of alumina in 2012, a senior company official said on Tuesday. The last date for submission of bids is Nov. 8. The deliveries would be made in batches between January and December next year,...
NALCO pays final dividend of INR 112 crore
National Aluminum Company Limited, the Navratna PSU under the Ministry of Mines, Government of India has paid a total dividend amount of INR 257.72 crore for the financial year 2010 to 2011 which includes the final dividend of INR 128.86 crore at INR 0.50 per equity share on expanded capital ie 10%...
