MetalMiner
Nalco to boost alumina production capacity
Edited by : AL CIRCLE
1 min read
India’s National Aluminum Company Limited (Nalco) and the country’s third-largest producer of aluminum, may soon be getting access to a new 65-million-ton bauxite reserve to expand its alumina refinery from 2.1 million tons a year to 3.1 million tons a year by 2016.
A draft of a detailed project report (DPR) for the expansion of the alumina refinery had been prepared and placed before the company board for final consideration. The expansion is part of Nalco’s overall growth plan by 2020. Alumina is the intermediate product of aluminum and is produced from bauxite.
Once they complete the expansion, it is estimated that Nalco would generate additional revenue of about US $340 million.
The expansion and mine development would require about US $800 million as investment. The Odisha state government had already accorded Nalco an in-principle approval for a mining lease.
A draft of a detailed project report (DPR) for the expansion of the alumina refinery had been prepared and placed before the company board for final consideration. The expansion is part of Nalco’s overall growth plan by 2020. Alumina is the intermediate product of aluminum and is produced from bauxite.
Once they complete the expansion, it is estimated that Nalco would generate additional revenue of about US $340 million.
The expansion and mine development would require about US $800 million as investment. The Odisha state government had already accorded Nalco an in-principle approval for a mining lease.
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