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 Nov 21, 2009  
 
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India’s aluminium major drops SA project
Nalco had planned a Rs 17,000-crore project in South Africa to set up a 5-lakh tonne aluminium smelter plant and a 1,250-MW power plant. However, both these projects have been abandoned now as the com....
 
NALCO raises prices, Aluminium edges upwards
Indian aluminium maker, National Aluminium Company Ltd (Nalco) (BOM: 532234) raised its aluminium products’ prices on the back of uptrend in overseas markets.....
 
Major fall in Hindalco Industries' profit
Hindalco’s aluminium business has performed better than its peers such as National Aluminium Company (Nalco) and Sterlite Industries. Hindalco is the lowest-cost producer of aluminium in India. ....
 
National Aluminium’s Q2 net dips by 64%
With global metal prices remaining soft during the quarter under review, Nalco saw its sales revenue go down to Rs 1,199.2 crore during the second quarter, resulting a 28.4% dip over a revenue of Rs 1....
 
YRC to provide logistics support to Chinalco Peru
YRC Logistics will provide logistics support to Toromocho Project, a large copper-molybdenum open-pit-mine owned by Minera Chinalco Peru S.A. Production is projected at 273,000 tons of copper annually....
 
Nalco to set up nuclear power plant
Nalco also aspires to be a global player in metal business and is in the process of diversifying into other metals from its core business interest, aluminium.....
 
Bauxite mining leases in AP go to NALCO
NALCO, which is also one of the Central Navartna public sector units, plans to build a 1.4-million ton green-field alumina refinery based on the Gudem and KR Konda bauxite deposits at Visakhapatnam di....
 
Nalco, Hind Copper may join hands
Hindustan Copper, India’s only integrated copper producer, had posted a net loss of Rs 10.3 crore in 2008-09, as sales plummeted nearly 34% on slump in demand and prices.....
 
India not to sell stake in Nalco, Hindustan Copper
According to mine minister B K Handique , the government does not see any reason for further disinvestment, particularly in Nalco. Handique said the ministry would revamp the operations of Hindustan C....
 
Hindustan Zinc hikes zinc, lead prices
National Aluminium Company Limited (NALCO), the Navratna PSU and India’s leading producer and exporter of alumina and aluminium, has the first pinch of global slowdown with its profit dipping to....
 
Nalco’s aluminium production up 20.46%
Power generation also increased by 14.35% to 1,607 mega watt (MW) from 1,400 mega watt (MW). On the sales front, Nalco achieved total sale of 93.104 MT of aluminium in the said quarter, which was 84.1....
 
Nalco hikes aluminium prices
Aluminum prices jumped to the highest in almost nine months in Shanghai after China, the world’s largest producer and consumer of the light metal, imported more than 1 million tonnes of refined ....
 
China draws flak on Rio Tinto arrests
Rio Tinto recently was involved with annual negotiations on supply contracts with Chinese mills. The arrests come just a month after Rio Tinto broke a more than $19 billion investment deal with China ....
 
Will Bank of Beijing, Chinalco deal boost metals?
The base metals industry in recent times have always looked at Chinese buying data and aggressive piling of stocks by State Reserves Bureau was perhaps was the major factor influencing prices of coppe....
 
Aluminum production hit at Nalco
Nalco, which is supposed to get 14,000 tonne per day from MCL, is getting on an average 10,000 to 12,000 tonne per day in recent months. This has depleted the reserve stock to 1.20 lakh tonne.....
 
Coal crisis hits Nalco’s aluminium production
The aluminium production dropped from 1,100 tonnes per day to 950 tonnes. Faced with the coal shortage, Nalco authorities held an emergency meeting with MCL officers to discuss how to avoid this in th....
 
China firm buys $1.5 billion Rio Tinto shares
China’s leading firm, Aluminum Corporation of China (Chinalco) Thursday confirmed that it had bought $1.5 billion of Rio Tinto shares to cement its 9 percent shareholding in the miner.....
 
Chinalco disappointed over Rio Tinto scrapping deal
Chinalco expressed regret at the termination by Rio Tinto of a deal involving buyihg $7.2 bn in Rio’s convertibles bonds and inject a further $12.3 bn for stakes in a number of assets, including....
 
Sterlite, NALCO rise with surge in commodity prices
Metal stocks traded with loss on the Indian bourses as the investors resort to sellout at the higher valuations taking a lead for a downward trend in the Sensex.....
 
Metals lead markets extend gains, NALCO up 20%
As the key benchmark indices continued extending gains after a fall witnessed in the market during early trades, metal stocks witnessed a sharp rise on the bourses.....
 
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