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National Aluminium Company Limited has licensed advanced smelting technology from Emirates Global Aluminium. This agreement supports NALCO's proposed brownfield smelter expansion at Anugola in Odisha. The new technology will increase the company's aluminium production capacity significantly. This adoption aims to optimise both capital and operating costs for the project. The partnership strengthens India's aluminium production ecosystem and NALCO's growth plans. View More
State-owned Aluminium giant, National Aluminium Company Limited (NALCO) has entered into a technology licensing agreement with Emirates Global Aluminium (EGA) for its proposed 0.5 million tonnes per annum brownfield smelter expansion at Anugola in Odisha, reported ANI. According to the statement released by the company, EGA will provide NALCO with its DX+ Ultra aluminium smelting technology for the expansion project. Read more: Nalco eyes 200-300 MW green power capacity backed by battery storage for low-carbon aluminium The deal covered the technology licence, know-how, designs and technical information required to implement the smelting technology. EGA would also provide technical support during different stages of the project. The proposed brownfield expansion would add about 0.5 million tonnes per annum of aluminium production capacity at NALCO’s Anugola smelter. The additional capacity is expected to raise the company’s production capacity to move towards about 1 million tonnes per annum. Live Events According to the company, the DX+ Ultra technology is designed to support higher productivity and improve energy performance and the firm expects its use to optimise capital and operating costs at the expanded smelter. Read more: Nalco eyes foray into rare earths, magnesium, chromite amid critical minerals push NALCO Chairman and Managing Director Brijendra Pratap Singh said the technology would help support the company’s expansion plans. “The adoption of an advanced and efficient technology for NALCO’s smelter expansion will not only support the company’s growth and expansion plans but will also strengthen India’s aluminium ecosystem,” Singh said. The agreement was signed with Singh and EGA Chief Executive Officer Abdulnasser Bin Kalban in attendance. NALCO said the technology partnership with the Dubai-based firm was part of its ongoing expansion programme. (With inputs from ANI) .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
Under the pact, JFE Steel will support Jindal Stainless' ongoing efforts to strengthen product quality and manufacturing practices for the grades specified in the agreement View More
In a significant move, Jindal Stainless has teamed up with JFE Steel Corporation from Japan, focusing on amplifying its production of specific ferritic stainless steel grades. This collaboration seeks to improve manufacturing practices and product quality, addressing the heightened global demand for stainless steel across multiple sectors. Jindal aims to advance operational excellence and increase customer satisfaction through this strategic partnership. View More
New Delhi: Jindal Stainless on Monday said it has entered into a pact with Japan's JFE Steel Corporation to strengthen its manufacturing capabilities for selected ferritic stainless steel grades. The technical assistance agreement would focus on enhancing product quality and manufacturing practices for ferritic stainless steel grades, Jindal Stainless said in a regulatory filing. Ferritic stainless steel grades are widely used in automotive components , railway coaches, kitchen equipment, industrial machinery, construction, and several other value-added applications, making them an important growth segment for the future. "JFE Steel's decades of expertise in ferritic stainless steel manufacturing will help us further strengthen product quality and operational excellence. More importantly, this association is about building capabilities that create greater value for our customers by strengthening our people, processes, and practices through this agreement," Jindal Stainless Managing Director Abhyuday Jindal said. The pact comes at a time when global demand for stainless steel is rising, driven by increasing adoption across automotive, infrastructure, railways, process industries, and other value-added applications owing to its corrosion resistance, durability, and lower lifecycle costs. Live Events Under the pact, JFE Steel will support Jindal Stainless' ongoing efforts to strengthen product quality and manufacturing practices for the grades specified in the agreement. Industry estimates indicate that the global stainless steel market , particularly the ferritic stainless steel segment, is likely to witness steady growth over the coming decade, supported by rising demand for cost-efficient and sustainable material solutions . Jindal Stainless clocked an annual turnover of Rs 42,955 crore in FY'26. It has 16 stainless steel manufacturing and processing facilities in India and abroad, including in Spain and Indonesia, and a worldwide network in 12 countries, as of March 2026. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
State-owned NMDC plans to begin commercial thermal coal production at its Tokisud North mine in Jharkhand during the October-December quarter and sell up to 1 MT in FY27. The iron ore major also plans to develop a coking coal mine, aiming to derive 20% of revenue from non-iron ore minerals by 2030. View More
New Delhi: State-owned NMDC will start the commercial production of thermal coal by October-December period and looks to sell around 1 MT of the dry fuel within FY27, said Amitava Mukherjee , Chairman of India's largest iron ore mining player. Under the Ministry of Steel, Hyderabad-based NMDC alone caters to the country's 20 per cent need of iron ore -- a key raw material needed to produce steel. In an interview to PTI, Mukherjee said the company has drawn a road map up to 2030 to diversify its mining operations to support the government's vision of Viksit Bharat. "Right now, we are 99.9 per cent an iron ore company. We aim to help the growing industries in the country with maximum of their mineral needs," the chairman said, adding that this year the company will begin the commercial mining of thermal coal and targets to sell a maximum of 1 MT of the commodity to potential buyers. "We have reached the coal seam (of Tokisud North coal mine ), and the production will start by next quarter," the chairman said. Live Events The company will also start developing a coking coal mine within FY27 to begin production as early as FY28, he said. "So this year, NMDC will have coal to offer apart from iron ore, and going forward maybe from next fiscal coking coal too," Mukherjee said. While thermal coal is used to generate power, coking coal is another important raw material used to manufacture steel. NMDC had earlier won the Tokisud North coal mine with reserves of 52 MT and Rohne coking coal block with 191 MT reserves in Jharkhand in an auction conducted by the coal ministry. Mukherjee said the Tokisud North coal mine has an annual peak rated capacity of 2.3 million tonnes (MT) and the Rohne coking coal block has an 8 MT peak rated capacity. On the rationale for diversification of the mining business, Mukherjee said he aims to make NMDC India's largest mineral mining company. NMDC will keep on looking for opportunities for more and more minerals both in India and abroad. The Chairman did not share any further information related to diversification plans, but said that by 2030, his goal is to earn at least 20 per cent of revenues from sale of minerals other than iron ore. In FY26, NMDC reported a 33 per cent rise in total revenues to an all-time high of Rs 31,554 crore, as compared to Rs 23,668 crore in FY25. On the iron ore business, he said the company is well on track to achieve its goal of producing 100 MT of iron ore by 2030. Mukehrjee shared that NMDC produced a record 53 MT of iron ore in FY26 as against 44 MT production in FY25 posting a year-on-year rise of 20 per cent; the company looks to maintain the trajectory. NMDC operates four major highly mechanised iron ore mining complexes in India spread across Chhattisgarh (Bailadila sector) and Karnataka (Donimalai sector). .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
JSW Steel said that its consolidated crude steel production for the month of August 2026 at 24.65 lakh tonnes, which is higher by 3% as compared with the figure of 23.82 lakh tonnes posted in August 2025. View More
The growth, that came despite a decline in production at its US operations, which fell 11 per cent year-on-year to 0.78 lakh tonnes, can be largely attributed to the surge in domestic production View More
JSW Steel reported consolidated Crude Steel production for the month of August 2026 at 24.65 Lakh tonnes registering 3% YoY growth. The capacity utilisation for Indian operations for the month was at 88%. View More
Steel Authority of India Limited has announced an impressive eight percent increase in crude steel production, with total sales surging by thirteen percent in the same timeframe. Notably, the company has made substantial reductions in its overall borrowings. This financial enhancement comes after the reporting date of March 31, 2026. SAIL continues to hold its status as a top player in India's steel industry. View More
New Delhi: Steel Authority of India Ltd ( SAIL ) on Friday said its crude steel output rose by 8 per cent year-on-year to 1.68 million tonne in August 2026. In the year-ago month, the output was 1.55 million tonne, a company statement said. Total sales last month stood at 1.87 million tonne (MT), registering a 13 per cent increase over 1.65 MT in the year-ago period. SAIL said it has strengthened its financial position, reducing borrowings by Rs 870 crore from the March 31, 2026 level. SAIL, under Ministry of Steel, is among India's leading steel manufacturing companies having an annual production of over 20 MT. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;width: 100%;box-sizing: border-box} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) (You can now subscribe to our Economic Times WhatsApp channel)
Devson Catalyst announced the successful development of its Ammonia Decomposition Catalyst through its in-house R&D and technical capabilities. The Company has received commercial orders for the newly developed product from NMDC and Tata Steel, following customer evaluation and approval. View More