NALCO inks R&D agreement with Chalieco

An agreement has been signed between NALCO, a Government of India enterprise and Chalieco of China, for R&D cooperation in the fields of mutual interest.

Projects to be taken up by these two companies include separation of iron concentrate from Red Mud and Extraction of Gallium from Bayer Liquor, according to an official release issued here.

“Extraction of marketable iron concentrate from Red Mud will be our first R&D project with Chalieco. This will be a major step in extracting value out of Red Mud, which is otherwise treated as an industrial waste,” said Tapan Kumar Chand, CMD of NALCO. “On successful completion of the project, efforts will be commercialized through a demonstration plant,” Chand added.

The agreement was signed on Tuesday at Bhubaneswar by B.K. Satpathy, Executive Director (Business Development), NALCO and Guo Pu, General Manager of Chalieco, in the presence of Chand along with Satyavrat Singh and Abhrajit Chatterjee of Unimark International Pvt Ltd, the Indian partners of Chalieco.