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NALCO LITHIUM MINING
Nalco eyes foray into rare earths, magnesium, chromite amid critical minerals pushState-owned Nalco is exploring entry into rare earth element (REE) mining as part of its diversification beyond bauxite and alumina, with a...- Study finds high-end aluminium alloy project in AP commercially unviable: Nalco reportA joint venture between Nalco and MIDHANI to establish a high-end aluminium alloy plant in Andhra Pradesh has been deemed commercially unvi...
- NALCO eyes commercial lithium mining in ArgentinaNALCO, through joint venture KABIL, has acquired five mines in Argentina and completed non-invasive exploration. The company will now begin...
- Rio Tinto plans return ticket to India, looking at 50:50 JV with AM Green arm for aluminium smelter, refinery in South IndiaThe plan is to set up a 1 million tonne per annum aluminium smelter along with 2 million tonnes of alumina production, powered by clean ene...
- No benefits likely from 38 critical blocks put on sale in this decade: IcraIcra reported that benefits from the 38 critical mineral blocks on sale may not materialize by 2030 due to incomplete exploration. India's ...
- Coal India, NMDC, OVL look to secure critical mineral assets abroadCIL, NMDC, OVL, and KABIL are collaborating to secure critical minerals overseas, focusing on lithium for EV batteries. India defines 30 cr...
- Fundamental Radar: 2 factors that make NALCO a good bet in the aluminium space, Shreyansh Shah explainsGoing forward, with the ramping up of captive coal production, it is expected that the coal cost would come down.Further, the better produc...
- India faces uphill battle in Lithium mining and explorationRitabrata Ghosh, Vice President - Corporate Ratings & Sector Head at ICRA, emphasizes that China currently dominates 65% of the lithium pro...
- India to pump in about Rs 200 cr to explore, develop five lithium blocks in Argentia: Govt"The project will help India strengthen lithium supplies, while developing lithium mining and downstream sectors of both the countries," mi...
- Coal India embarks on overseas acquisition of critical mineral assetsCoal India Limited (CIL) has added lithium, cobalt, and nickel assets to its Memorandum of Association (MoA) to reflect its commitment to e...
- Need to create strategic mineral reserves to ensure continuous supply, says Economic SurveyA carefully crafted multi-dimensional mineral policy is needed to reduce India’s dependence and address the problems for the future, the re...
- Source nations shortlisted for exploring possibilities of mineral asset acquisitions: Mines ministryKABIL, a joint venture company, has been engaged to look for source countries like Australia, Argentina, Bolivia and Chile that have critic...
- Arun Kumar Shukla takes charge as CMD of Hindustan CopperA Graduate Mining Engineer of 1985 batch from Indian School of Mines, Dhanbad, Mr Shukla has completed a M.Tech. in Environmental Engineeri...
- Nalco HCL and MECL inks joint venture to form Khanij Bidesh India LtdThe JV company will be involved in acquisition, exploration & processing of strategic minerals abroad for commercial use and for supply to ...
- We are looking beyond aluminium to create a company of the future: Nalco Chairman"For the first time, exploring prospects of sourcing lithium in Gujarat and Rajasthan," Nalco chairman TK Chand said.
- India to acquire reserves of strategic minerals to power the country's move into EVsThe jv will have National Aluminium Company (Nalco), Hindustan Copper (HCL) and Mineral Exploration Corporation Ltd (MECL) as partners with...
- State-run Mineral Firms may Float a JV to Scout for Lithium, Cobalt Reserves AbroadIndia, which has set a target of achieving an all-electric vehicle fleet by 2030, has almost no reserve of these minerals and is keen on bu...
- India readies its prospectors as hunt begins for lithium and cobalt mines abroadThe mandate for Nalco, HCL and MECL will be to look for and acquire strategic mineral assets abroad, particularly those in which India is d...
- NALCO sets target of achieving a turnover of Rs 18,171 crore by 2024The long term strategy foresees the company reaching a turnover of Rs 31,248 crore and a net profit of Rs 3,010 crore by 2032.
- Indian companies hold breath as Kabul set to invite bids for developing 4 new mines"Indian companies have good potential and they are competitive. We expect to attract both public and private companies from India to partic...
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