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NSE:NATIONALUM

4 stories mentioning NSE:NATIONALUMUpdated 35d ago

Every FINWIRES story that references NSE:NATIONALUM, newest first.

Asia

GAIL Signs Critical Minerals Cooperation Deal with KABIL

GAIL (India) (NSE:GAIL, BOM:532155) signed a memorandum of understanding with Khanij Bidesh India (KABIL) to collaborate on critical and strategic minerals, according to a Friday press release.Shares of the state-owned energy corporation rose 1% in Monday's morning trade.The agreement provides a framework for the companies to identify and evaluate opportunities in critical and strategic minerals, exchange technical expertise, build capabilities, and explore joint initiatives across the mining value chain.KABIL is a joint venture of National Aluminium Company (NSE:NATIONALUM, BOM:532234), Hindustan Copper (BOM:513599, NSE:HINDCOPPER) and Mineral Exploration & Consultancy.GAIL said the partnership aims to strengthen India's long-term supply of critical minerals and support the country's clean energy transition.

BOM:513599BOM:532155BOM:532234NSE:GAILNSE:HINDCOPPERNSE:NATIONALUM
Research

360 One Capital Market Upgrades National Aluminium to Buy from Sell; Price Target is INR430

National Aluminium (NSE:NATIONALUM, BOM:532234) has an average rating of hold and mean price target of 406.08 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:532234NSE:NATIONALUM
Research

Prabhudas Lilladher Upgrades National Aluminium to Accumulate from Hold; Price Target is INR376

National Aluminium (NSE:NATIONALUM, BOM:532234) has an average rating of hold and mean price target of 401.69 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:532234NSE:NATIONALUM
Asia

NLC India, National Aluminium Sign JV for 1,080 MW Captive Thermal Power Project in Odisha, India

NLC India (NSE:NLCINDIA, BOM:513683) agreed to form a joint venture with National Aluminium (NSE:NATIONALUM, BOM:532234) to develop a 1,080 MW coal-based thermal captive power plant in Angul in Odisha, India, according to a Wednesday filing to the Indian stock exchanges.The 4×270 MW power plant will be set up to meet the captive power requirement of National Aluminium's 0.5 million tons per annum aluminium smelter expansion project.The joint venture, which will have equal equity participation from the two companies, will execute a fuel supply agreement with NLC India from its Machhakata coal mine or any other mines for 25 years.It will also sign a 25-year power purchase pact with National Aluminium for 100% offtake of power.

BOM:513683BOM:532234NSE:NATIONALUMNSE:NLCINDIA

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