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India’s National Aluminium Co (Nalco) is open to bids for alumina from Vedanta Aluminium, according to Nalco chairman BL Bagra
Edited by : AL CIRCLE
1 min read
Bagra was speaking after a senior official from Vedanta Aluminium told Metal Bulletin that Nalco always rejected its bids, even when it believed it was offering the highest price. Vedanta Aluminium, which operates a 500,000-tpy aluminium smelter at Jharsuguda in Orissa, has not been able to source enough alumina to run its smelter at full capacity. Vedanta also needs alumina to feed its 350,000-tpy-capacity aluminium smelter at Balco. “We have approached Nalco a number of times to buy alumina but Nalco has never accepted our bids. We [believe we] put the highest bids in the previous three alumina export tenders [put out by] Nalco, but they were rejected,”...
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