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T.K. CHAND
Nalco cost of production is likely to come down this year: TK ChandWe don't have long-term contracts, only spot contracts now and it will move with prices, says Nalco CMD- NALCO expects to report Rs 1,650-plus-crore profit for full year: TK ChandWe expect our price level of 20,000/ ton may get reduced with coal block getting opened, says Chand.
- Post buyback, Nalco will be left with Rs 2200 crore of cash: TK ChandThe aluminium major has a capex plan of Rs 1,100 crore for this year, says Nalco CMD
- Alumina business pushing up Nalco profitability: TK Chand“Even if Nalco adds one more smelter, aluminium demand will outstrip supply in India.”
- Nalco is the lowest-cost alumina and second lowest-cost bauxite producer in the world: TK Chand"We expect that from next year, in the aluminium segment, we will control the cost in a very significant way."
- 4 years hence, Nalco will be over one-million-tonne aluminium player: TK Chand“Post February, there is a likelihood that in China, the demand pick-up may take place.”
- Aluminimum prices likely to stay high: TK Chand, CMD, NALCOWith China cutting aluminium production and short supply of it in EU and USA markets, the current prices of aluminium are likely to hold up...
- We will be giving a better dividend payout this year: TK Chand, NALCO"Nalco has a strong aluminium arm and our cost of production in alumna is also one of the lowest in the world," said Chand.
- Aluminium prices will move up if Chinese construction industry continues to perform better: TK Chand, NalcoWe are expecting a better performance in second half because prices of aluminium has moved, said TK Chand.
- Cost reduction & increase in production have helped for a good result of NALCO: TK Chand, CMDIn an exclusive interview with ET NOW, TK Chand, CMD, NALCO talks about top line growth despite the fall in realisations this quarter. Exce...
- 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...
- Nalco to invest Rs 20,550 crore to expand Alumina RefineryOdisha-based Navratna PSE Nalco has announced investment of Rs 20,550 crore for expansion of its alumina refinery at Damanjodi.
- Growing application of aluminium leading to reduction in vehicular pollution: TK ChandThe growing application of aluminium in auto components, has improved fuel-efficiency leading to reduction in vehicular pollution.
- NALCO's bauxite mine bags Pollution Control Excellence AwardThe bauxite mine of Navratna PSU National Aluminium Company Ltd, situated at Panchpatmali Hill in Odisha's Koraput district, has bagged the...
- Nalco eyes overseas market for growthNalco will be eyeing new markets particularly overseas ones and exploit its core competence of mining to beat the drastic fall in aluminum ...
- Nalco puts expansion, diversification plan in fast modeNalco today put expansion, diversification into mining and other areas on top priority, besides focusing on exploring new and virgin market...
- RINL hopes to sell 1 million tonne more steel on retail focusRashtriya Ispat Nigam Ltd, with focus on retail sales in 2014, would sell additional 1 million tonne steel due to higher production.
- RINL hopes to sell 1 million tonne more steel on retail focusThe public sector steel-maker, which is expanding capacity to 7.3 MT, is also increasing focus more on retail sales for better margin.
- Rashtriya Ispat Nigam hopes for Rs 1,000-crore export revenue this fiscalRashtriya Ispat Nigam is hopeful of achieving an export turn over of Rs 1,000 crore this fiscal on the back of new product launches.
- RINL manages to retain 'navratna' tag for one more yearThe government of India has accorded approval for extending 'navratna' status to RINL for a further one year, till November 2013.
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