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POTTANGI MINES
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...
Nalco, Dilip Buildcon shares in focus after securing Rs 423/ton, 25-year mining contractNALCO awarded a 25-year Mine Developer and Operator (MDO) contract for the Pottangi Bauxite Mines to Dilip Buildcon at a base charge of Rs ...
US tariff will have no impact on NALCO, company eyeing UK market: CMDNational Aluminium Company Limited (NALCO) reports a significant profit surge. The company is shifting its focus to the United Kingdom due ...
Nalco shares surge on strong Q4 performanceShares of National Aluminium Co (Nalco) surged by over 5% as its Q4 revenues and profits beat market estimates. The Indian government-run f...
Nalco announces Rs 505 cr share buybackThe company said its board has approved a proposal to buy back shares worth Rs 504.8 cr.
Nalco announces Rs 505 crore share buybackNalco said it has extensive plans for brown field and green field expansion.
Mining lease of Pottangi bauxite mines granted to NALCONALCO has been granted the mining lease of Pottangi with an area covering 1,738 hectares for a period of 50 years, a company release said.
Odisha government granted mining lease of Pottangi bauxite mines to NALCOThe mines are located close to the company’s 2.2 million tonne alumina refinery. The mining lease of Pottangi covers 1,738 hectares and is ...
Groundwork almost done, board to take final call on buyback shortly: TK Chand, NALCOAs far as initial projects, including the refinery project, are concerned, they will be funded internally; there is no need for us for maki...
Union Minister of Tribal Affairs Jual Oram hails Nalco's performance despite global slowdownUnion Minister of Tribal Affairs Jual Oram, Union Minister of Petroleum and Natural Gas Dharmendra Pradhan and Nalco CMD Tapan Kumar Chand ...
Centre, Odisha give in-principle nod to mines for PSUsThe central and Odisha governments have in-principle approved the allocation of Pottangi mines for the state-run aluminium maker Nalco and ...
Centre reserves Pottangi mines for Nalco's new 1 MTPA refineryBesides, Odisha government has also taken an in-principle decision in this regard, Minister of State for Steel and Mines Vishnu Deo Sai sai...
Nalco to invest Rs 5600 crore at alumina refinery in Odisha's DamanjodiNalco latest investment thrust comes on heels of allocation of Utkal D&E coal blocks by the Centre and the state government’s recommendatio...
NALCO to invest over Rs 65,000 crore for new projectsAluminium giant NALCO is all set to invest over Rs 65,000 crore to launch ambitious projects in the country and abroad.
Nalco aims to be global player in mining, metals, energy: CMD T K ChandReferring to new projects, the CMD said Nalco is now looking beyond its existing operations with a view to achieve a new level of corporate...
Government mulling amendments to MMDR Act to bring mineral auctionGovernment is considering amendments to the MMDR Act, 1957, to bring in provision of auction for bulk minerals like iron ore & others.
- Nalco to add 1 MTPA capacity at Odisha alumina plant by 2016
State-owned National Aluminium Company (Nalco) will add an additional one million tonnes per annum (MTPA) capacity by 2016
NALCO inks MoU with Mines Ministry for higher production,salesNALCO has signed an agreement with the Union Ministry of Mines regarding physical and financial targets for 2013-14 financial year.
- Parliamentary panel to Mines Ministry: Take up NALCO lease issue with Odisha
The Committee said it had asked Ministry to take necessary measures for commissioning of the project at the earliest but it is still facing...
- NALCO battling crisis on several fronts, margins get eroded
Faced with crisis on several fronts, state-run National Aluminium Company's (NALCO) margins are also being impacted due to shortage of coal...