New Delhi, May 28
National Aluminium Company Ltd (Nalco) on Wednesday reported 29.9 per cent drop in net profit at Rs 172.45 crore for the quarter ended March 31 on the back of lower income and higher expenses....
Bhubaneswar, March 12
Soma Mondal has been appointed as the new Director (Commercial) of Navratna PSU National Aluminium Company Ltd (NALCO).Prior to the new assignment, Mondal was serving the company as Executi...
February 4, 2014
MCX zinc futures contracts have declined almost 9 per cent from its December high of ₹135.3 a kg. This peak has now become a formidable barrier and the contracts are finding it dif...
New Delhi, Jan. 8
Attorney-General’s opinion sought in Hindustan Zinc issue
Mumbai, Dec. 18
Company keen to expand global aluminium automotive capacity
New Delhi, Nov 12
State-owned National Aluminium Company (Nalco) today reported manifold jump in net profit at Rs 179.17 crore for the July-September quarter, primarily due to rise in revenues from chemicals busine...
October 12, 2013
A supply glut amid continued sluggishness in the global economy continues to depress prices of aluminium. The metal is currently trading at $1,836 a tonne on the London Metal Exchange. E...
BL Research Bureau
The aluminium futures contract traded on the Multi Commodity Exchange (MCX) has been trading in ranges. It has been volatile between ₹101 and ₹114 a kg since March last week. A UK co...
April 20, 2014
The global aluminium market (excluding China) has entered into a deficit after eight long years of oversupply
February 16, 2014
With production trailing consumption, stocks are depleting and market balances are tightening »
New Delhi, Jan 31
Mining conglomerate Vedanta Resources today reported a 3 per cent fall in revenues to $3.45 billion for the quarter ended December 2013, primarily due to decline in income in the zinc and aluminiu...
New Delhi, Jan 14
Setting a rule of sorts, Environment Minister M. Veerappa Moily has made it clear that green nod will not be given to a project that is opposed by the local panchayats.
He made this clear...
January 4, 2014
The demand from China for aluminium combined with an economic recovery in the developed markets, could increase the overall demand and help the metal price to recover.
Bhubaneswar, Nov 19
Vedanta Aluminium Ltd has commissioned a red mud powder producing unit at Lanjigarh refinery in Odisha, describing it as first of its kind in alumina industry tackling major environmental hazards.
New Delhi, Nov 2
Prices of copper and nickel fell by Rs 2 per kg at the local non-ferrous base metals market today due to reduced offtake by consuming industries.Traders said falling demand from consuming in...
New Delhi, Sept 29
After 12 gram sabhas completely rejected bauxite mining in the Niyamgiri hills, Vedanta is now looking beyond the area to source raw material for its Rs 5,000 crore Lanjigarh alumina refinery in O...