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ALUMINA REFINING CAPACITY
Time to adopt a tactical perspective? 6 metal stocks, 4 with an upside potential of up to 14%In metal stocks, ‘buy, forget, and return after five years’ is not the best strategy to adopt. The sector is cyclical, global, China- and t...
Nalco's alumina exports to West Asia affected due to geopolitical tensions, says CMDGeopolitical tensions in West Asia have impacted National Aluminium Company Ltd's (Nalco) exports, which previously accounted for 40-50% of...
Vedanta Aluminium ramps up Odisha's Lanjigarh refinery capacity to 5 MTPAVedanta Aluminium has expanded its Lanjigarh refinery in Odisha to 5 million tonnes per annum. This significant capacity increase elevates ...
Vedanta Aluminium expands alumina refining capacity to 3.5 million tonnesVedanta Aluminium has increased its annual alumina refining capacity to 3.5 million tonnes at its Lanjigarh unit in Odisha, up from 2 milli...
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...
Nalco surges 6% after getting mining lease in OdishaAs per the notification, the mining lease of the Utkal-D coal block is over an area of 301.28 hectares in villages Kosala, Nandichood, Simi...
NALCO records more than 100% capacity utilisation at its Panchpatmali minesBauxite transportation too went up to 73.02 lakh tonne, also the highest ever, so far. During 2019-20, the company’s Alumina Refinery produ...
Alunorte’s Brazil reopening bad news for Indian companiesRoughly 2 tonne of alumina goes into producing 1 tonne of aluminium.
Alumina supply glut fears send Nalco stock crashingConcerns of a global supply glut of alumina sent Nalco investors panicking
Stock pick of the week: Why analysts are betting on NALCOStrong jump in revenue and net profit, an overall turn around in the metals sector, low cost of production, among other things, have made N...
Nalco to see better days with rising alumina pricesRestarting of aluminium smelters, which have been shut due to low demand, along with rising aluminium prices has increased demand for alumi...
Vedanta embarking on doubling alumina refining capacity in Odisha; govt mulls to solve environment puzzleVedanta is embarking on doubling alumina refining capacity in Odisha although environmental and other concerns have seen its plans getting ...
It’s critical for Nalco to set up a second smelter: CMD Anshuman DasNational Aluminium Company (Nalco), the country’s third-largest aluminium producer, is facing a tough challenge to maintain its position.
Vedanta seeks Odisha Government's intervention for aluminaVedanta Aluminium has asked the Odisha government to impress upon National Aluminium Company (Nalco) to sell surplus alumina to it.
- Budget 2013: Impose export duty on bauxite, recommends FICCI
FICCI is rooting for introducing export duty on bauxite in Budget 2013 with an aim of strengthening the value addition within India.
- Regulatory hurdles force alumina refiners to cut production
India may have to rely more on exports for its aluminium requirement despite having huge reserves of the ore required for its production.
- Nalco workers’ protest stalls sale of alumina to Vedanta Aluminium
With the Congress-backed workers’ union up in arms against any deal with VAL, Nalco authorities are constrained from selling surplus alumin...
- Nalco's alumina production normalises, but coal crunch still on
India's leading aluminium producer Nalco continues to "struggle" for coal, even as its 1.6 million tons (MT) alumina refinery in Damanjodi.
- Hindalco snaps up entire Alcan stake in Utkal
Hindalco has completed its bid to own Utkal Alumina, a JV it had with Alcan, when it agreed to buy out the Canadian company's 45% equity st...
- Russian firm taps Ruias for Orissa alumina plant
It has now been reliably learnt that Rusal has approached the Ruias of Essar to jointly build a 1 million-tonne alumina refinery plant in O...