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 keen to set up three hydro power projects in state
As part of its plan to diversify into the energy business, National Aluminium Company (Nalco) has proposed to set up three hydro power projects with a combined capacity of 645 MW in locations identified by the state water resources department. Nalco wishes to execute these hydel projects either...
India’s NALCO to Expand Refinery Capacity
Indian government-owned National Aluminium Company Limited (NALCO) has finally decided to commission its expanded refinery capacity this month, according to a Hindu Business Line article. The company is enhancing production capacity at the refinery in Damanjodi, nearly 400 kilometers from state...
CIL could not fulfill NALCO Q1 supply contracts
The Coal Ministry today informed Parliament that aluminium company NALCO were not supplied the full quantity of coal they contracted from state-run Coal India during the April-June, 2011 period. "CIL has reported that during April-July, 2011, dispatches to NALCO's captive power plant... were 1.828...
Nalco's prospects hinge on price stability
Nalco Profits will take a hit if aluminium prices fall significantly. The recent news about National Aluminium Company (Nalco) receiving approval to mine coal in its Orissa block saw the stock rise almost 16 per cent from a 52-week low on Friday (August 19). Though it has given up some ground...
National Aluminium Company Limited : NALCO FOUNDATION & OPOLFED LAUNCH LIVELIHOOD PROGRAMME
NALCO Foundation, the CSR arm of Navratna PSU NALCO, in collaboration with Orissa State Poultry Products Cooperative Marketing Federation Limited (OPOLFED) has launched a backyard poultry programme in the peripheral villages of Angul. In the first phase, through this programme 80 beneficiaries of...
No need to tap mkts for 3 years to fund expansion: Nalco
BL Bagra, chairman and managing director of National Aluminium Company (Nalco), today said the aluminium major does not need to tap the markets in the next three years for expansion, but it is up to the government to take a call on disinvesting its stake in the company. The government, with 87.15%...
Angel Broking neutral on NALCO
Angel Broking has maintained neutral rating on National Aluminium Company (NALCO), in its August 17, 2010 research report. “National Aluminium’s (Nalco) 1QFY2012 results were above our expectations. The company was able to sustain its margin on account of higher realisation. For 1QFY2012, Nalco’s...
Nalco gains 3% on govt nod to mine coal block in Orissa
Shares in the company were trading 3.2% higher at Rs 61.85 on the Bombay Stock Exchange. "Shares in Nalco Ltd might trade up to Rs 64-65, currently it is at 61.25, 58 to 60 is a very strong support", said Sandeep Wagle, Founder & MD, APTART Technical Advisory Services. "The stock might move in the...
Nalco plans to invest on Alumina capacity expansion by 2020
Nalco has plans to construct a new alumina refinery of 1.4 MT in Andhra Pradesh and 1,000-MW power project as independent power producer. Both the projects would require an investment of Rs 10,600 crore, the report said, adding that rest of the amount would be spent on existing projects. Company...
Nalco plans to invest Rs 58k cr on expansion by 2020
State-owned aluminium producer Nalco plans to invest Rs 57,903 crore by 2020 on expansion, including the setting up of two large aluminium smelters in India and abroad. The Navratna firm would invest Rs 16,500 crore in Indonesia for setting up a 5 million tonne (MT) smelter, with 1,250 MW power...
Nalco recovers from 52-week low
National Aluminium Company surged 3.26% to Rs. 61.85 at 9:50 IST on BSE, following reports the state-run company has received government's approval to mine a coal block in Orissa with estimated reserves of 70 million tonnes.
Centre approves mining lease of Utkal-E Coal block to Nalco
The Union Coal Ministry has granted in-principle approval for mining lease of Utkal-E coal block in Angul, with an estimated reserve of 70 million tonnes and covering an area of 212 hectares, in favour of aluminium major NALCO, sources said today. The allocation was made to meet coal requirement of...
Nalco Alumina prices
Alumina, whose price is often calculated as close to 15% of London Metal Exchange aluminium price, has seen a downward correction in its price due to falling aluminium price globally. He said while the cost of aluminium has come down due to turmoil in the US and Europe, going forward the price...
Nalco to export incremental output
National Aluminium Co Ltd (Nalco), after posting good numbers in the first quarter, is training its guns on the export market to maximise profits. The public sector aluminium producer, which started phase-wise commissioning of the expanded alumina refinery in Orissa in the last quarter, will see an...
Nalco seeks EoI for downstream units in Angul Aluminium Park
Public sector aluminium miner National Aluminium Company Ltd (Nalco) has invited potential entrepreneurs/manufacturers to set up ancillary and downstream units at its Angul Aluminium Park in Orissa, Parliament was informed today. "An Expression of Interest ( EoI) has been floated on July 27, 2011,...
Govt mulling disinvestment in BHEL and NALCO: FM
The Government plans to raise Rs. 400bn in FY12 through its disinvestment programme but hasn't been successful so far amid weak market conditions and dwindling FII inflows. Proposals to sell some of Government stakes in public sector undertakings (PSU) BHEL and National Aluminium Co. Ltd. (NALCO)...
National Aluminium 1QFY2012 performance highlights and results update
National Aluminium’s (Nalco) 1QFY2012 results were above our expectations. The company was able to sustain its margin on account of higher realisation. In light of the recent decline in stock price, we now have a Neutral view on the stock. For 1QFY2012, Nalco’s net sales grew by 34.2% yoy to...
Indian markets lose further ground
Aluminium stocks are trading in the red with the key losers being Hindalco and Nalco. Hindalco Industries may see a rise in production costs in its upcoming aluminium project in Mahan in Madhya Pradesh. This is because the Mahan coal block from where the company is supposed to draw coal for its...
