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...
The aluminium industry is entering a phase where supply security is being tested across the entire value chain. The latest developments show the pressure beginning with bauxite, moving through logistics and alumina, feeding into aluminium prices and producer earnings, and eventually reshaping...
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NALCO’s announcement of INR 30,000 crore (USD 3.45 billion) investment in aluminium business expansion brought to the public by Union Minister of Coal & Mines and Parliamentary Affairs, Pralhad Joshi, is its first major capex in recent times, including setting up an INR 17,000 crore (USD 1.95...
The aluminium industry has been under the radar ever since Donald Trump imposed tariffs on Canada, Mexico, and China. However the latest update has sent another shockwave amongst the industry. In a controversial move, U.S. President Donald Trump has announced a 25 per cent tariff on all steel and...
National Aluminium Company Ltd (NALCO), an Indian public sector company with integrated and diversified operations in mining, metal and power, has reported a remarkable 232.83 per cent year-on-year surge in net profit, reaching INR 1,566.3 crore (USD 180 million) for the third quarter, compared to...
Following Donald Trump's firm statement —"No exemptions, no exceptions" on a 25 per cent tariff on imported aluminium and steel on Tuesday, February 11—India’s state-owned National Aluminium Company Limited (NALCO) has come up with valuable insights into the potential impact on global price trends....
NALCO, one of India's leading mining and metals companies, raised the prices of its primary aluminium ingots (P1020, 99.7 per cent) by INR 6,700/t ($76/t) on February 7, 2025. Current prices are at INR 271,600/t ($3,141/t) compared to INR 264,900/t ($3,029/t) on January 24, 2025. Prices are...
National Aluminium Company (NALCO) experienced an eventful trading session on January 31, 2025, surpassing the nation’s aluminium sector. Despite trading below past key moving averages, it delivers a high dividend yield. The stock’s recent performance contrasts with broader market trends. NALCO’s...
2024 has been all about jumping hoops to advance in the industrial progress for the non-ferrous metal, aluminium. The entire extraction and the subsequent production, starting from bauxite mining, progressing through alumina refining and finally reaching the manufacturing of a varied type of...
This week, the upstream segment of the global aluminium industry has been under the spotlight, with significant developments spanning from bauxite extraction to primary aluminium production. The focus intensifies as the European Union is considering the release of its 16th sanctions package against...
NALCO, one of India's leading mining and metals companies, raised prices of its primary aluminium ingots (P1020, 99.7 per cent) by INR 9,800/t ($113/t) on 14 Jan'25. Current prices are at INR 261,800/t ($3,023/t) compared to INR 252,000/t ($2,910/t) on 28 Dec'24. Prices are ex-works and exclude...
On Thursday, January 16, the three musketeers of the Indian aluminium industry - Vedanta Limited, National Aluminium Company (NALCO), and Hindalco Industries Limited saw a 2 to 3 per cent gain in their intraday stock prices. The contributing factor was the increased aluminium prices to $2,606 per...
Brijendra Pratap Singh has assumed his new position as Chairman-cum-Managing Director (CMD) of National Aluminium Company (NALCO) at the company’s corporate office in Bhubaneswar on Wednesday, January 8, 2025. Brijendra Pratap Singh was selected for this esteemed position in September 2024 by the...
Shares of National Aluminium Company Limited (NALCO) lost value as the Nifty Metal index wrapped up the first week of 2025 on January 3. The Metal index itself remained relatively subdued, gaining just over 1 per cent at its highest point during the day before closing flat. While NALCO’s shares...
National Aluminium Company Limited (NALCO), a 'Navratna' company under the Schedule 'A' category of CPSEs, is on the way to adding one more year of experience to its four decades of excellence in the mining, metal and power industries. Established on January 7, 1981, NALCO has evolved over the past...
National Aluminium Company (NALCO) has signed a mining lease deed for the amalgamated Utkal-D and Utkal-E coal blocks in Angul district, Odisha. The announcement was made in an exchange filing after trading hours on December 24, 2024. As one of Asia's largest integrated primary aluminium producers,...
Shares of NALCO saw a sharp decline of over 7 per cent on Thursday, December 12, dropping to their lowest point of the day. Answering to the question of why several key factors have weighed in on this nationally and internationally. The primary trigger appears to be the movement in alumina prices,...
China’s decision to revoke tax rebates on aluminium has caused two opposite reactions in the global market. On the one hand, it has brought a frown to global downstream producers and end-user manufacturers in anticipation of a limited supply of metal and higher prices; on the other, it has brought...
Aluminium is a vital element of the global economy, and the growing demand for green metal underscores its enduring importance. Despite challenges and occasional disruptions, the market's need for sustainable aluminium continues to thrive. Significant developments have occurred in the upstream...
National Aluminium Company Limited (NALCO), the Navratna CPSE under the Ministry of Mines, has announced the second quarter fiscal results for FY2024-25, wherein it has posted a fourfold growth in net profit. From INR 206 crore (US$24.4 million) in Q2 FY2023-24, the company’s net profit this year...
