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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Global woes likely to take sheen off NALCO's earnings
Buoyed by stronger LME (London Metal Exchange) aluminium prices and higher alumina sales, Nalco's earnings per share rose 33% over the previous year in the first quarter of FY12. Compared with its peers, the country's third largest aluminium producer has managed the increase in input costs well,...
Nalco moves SC over levy by Orissa on captive power
Public sector company National Aluminum Company (Nalco) has moved the Supreme Court challenging the Orissa government’s decision to levy higher electricity charges on companies which generate energy for their captive consumption. The aluminum company has challenged the October 2001 notification...
Peripheral development activities by NALCO
National Aluminum Company Limited has informed that the Company has been undertaking various peripheral development activities as part of Corporate Social Responsibility to enrich the quality of rural life in and around the areas of plant sites. The Company allocates 1% of its net profit for such...
NALCO Q1 net up 32 pct @Rs 377 cr
Navaratna PSU National Aluminium Company Limited (NALCO) has registered an impressive 32 per cent in its net profit to Rs 377 crore in the first quarter ended June 30, 2011. The company had posted a net profit of Rs 284 crore in the corresponding period last year.
NALCO says raises aluminium prices by 5,000 rupees/T
India's state-run National Aluminium Co Ltd (NALCO) has raised aluminium prices by 5,000 rupees ($113) per tonne across all products, after slashing prices by a net 8,000 rupees in two moves in as many months, a top company official said.
On verge of finalising an acquisition in1-2 weeks: NALCO
BL Bagra: Yes. We are just finalising our study of the due diligence on one of the bidders. In next one or two weeks, we will be taking call. So we are on the verge of the finalisation of that evaluation.
Kalimantan’s $5.6b Smelter To Operate in 2012: Official
Operations at Dubai-based MEC Holdings’ aluminum smelter in East Kalimantan are expected to start as soon as next year, a local government official said on Wednesday. Construction of the $5.6 billion smelter, a joint venture between MEC and India’s second-largest aluminum producer, Nalco, began in...
Dubai firm to develop $5.6b smelting project
East Kutai regent Isran Noor said Wednesday that a Dubai-based company and an Indian aluminum producer had started the development of an aluminum smelter in Muara Wahau, East Kutai, East Kalimantan. In addition to the smelter, the two companies — Mineral, Energy, Commodities (MEC) Coal and National...
National Aluminium on a Major Diversification Drive: Chairman
State-run National Aluminium Co (Nalco) wants non-core areas to contribute a fourth of its revenue through an ambitious diversification plan covering areas like nuclear energy, thermal units and other metals, chairman B.L. Bagra has said. "In the power sector alone, Nalco has planned to invest a...
NALCO increases alumina-refining capacity by 33%
The shares of NALCO were trading at Rs. 78.30, marginally below its previous close of Rs. 78.90. National Aluminium Co, (NALCO), reportedly increased its alumina-refining capacity by 33% to 2.1 mn metric tons. Reports quoted A.K. Sharma, Production Director as saying that, “Output from the new...
NALCO sees lower profitability on rising input costs
State-run National Aluminium Co (NALCO) expects a 10-12 percent rise in turnover this fiscal as new capacities gets added, but rising raw material costs are seen denting profitability, its chairman said on Tuesday.
Nalco gets final forest clearance for Panchmali South Block
National Aluminum Company Limited has received Stage II final forest clearance for renewal of its bauxite mining lease for the Panchpatmali South Block in Koraput district of Orissa for 20 more years requiring the diversion of 110.3 hectares of forest land. The original lease period in the...
NALCO gets final forest clearance for Bauxite mining
National Aluminium Company (NALCO) touched an intraday high of Rs 82.65 and an intraday low of Rs 80. At 12:32 hrs the share was quoting at Rs 81.70, up Rs 0.75, or 0.93%. It was trading with volumes of 604,530 shares, compared to its 5-day average of 245,411 shares, an increase of 146.33%. In the...
NALCO gets final forest clearance for Bauxite mining
The company has got final forest clearance for Bauxite mining in Orissa, reports CNBC-TV18, quoting Agencies.
NALCO plans to bid for Bhedabahal mega power project
NALCO plans to bid for upcoming 4,000 MW ultra mega power project in Bhedabahal in Orissa for which requests have to be submitted by August 1st 2011. Mr BL Bagra CMD of NALCO said that “The company is also scouting for partners for jointly bidding for the Orissa UMPP and has held discussions with...
Nalco's Rs 10,000-cr Iran aluminium project remains a non-starter
Nalco's plans to spread its arms across the globe aren't taking shape the way it had expected them to. The company's Rs 10,000-crore project to set up a 310,000-tonne aluminium smelter and a 750-Mw power plant in Iran continues to languish due to paucity of funds. "The geo-political situation in...
Indonesia says India's NALCO in talks to invest in smelter
India's state-run National Aluminium Co Ltd (NALCO) is in talks to invest in an aluminium smelter in Indonesia's Kalimantan province, an official at Indonesia's investment agency said on Thursday.
Nalco seeks energy banking ties with GRIDCO
The state-owned National Aluminium Company Ltd (NALCO) has proposed the Orissa-run GRIDCO Ltd to have energy banking arrangement so that both can help each other to meet their energy needs during a crisis, official said Wednesday. The company has formally submitted a proposal to GRIDCO - the bulk...
