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03 APRIL 2024 AL CIRCLE

NALCO’s FY23-24 cast metal production hits a new high at 4,63,428 tonnes

EDITED BY : SARNALI CHAKRABORTY 1MINS READ

National Aluminium Company Ltd. (NALCO), the country’s leading manufacturer and exporter of alumina and aluminium, set new production and sales records for FY23-24. The company has achieved its:

NALCO’s FY23-24 cast metal production hits a new high at 4,63,428 tonnes

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  • highest-ever cast metal production of 4,63,428 tonnes
  • highest-ever bauxite excavation of 76,00,230 tonnes
  • the highest-ever metal sale of 4,70,108 tonnes

Engaging suppliers for CBAM compliance

This new milestone has surpassed all the previous records since its inception. In FY 23-24, the company also added a new aluminium alloy ingot (AL-59) to its product range. With an impressive 101.15 per cent capacity utilisation, NALCO's alumina refinery has produced 21,24,000 tonnes of alumina hydrate, while the captive power plant has generated a gross of 7193.62 million units of power.

Noteworthy achievements include developing and operationalising NALCO's Utkal D coal block, which produced 2 million tonnes of coal, the mine's peak-rated capacity. Sridhar Patra, CMD, NALCO, mentioned that the company has consistently strived to surpass previous benchmarks.

He expressed gratitude for these significant achievements and congratulated the NALCO collective and stakeholders. Patra acknowledged employees' dedication, hard work, and cooperation with various stakeholders. Over the past four years, NALCO has achieved several significant milestones through backward integration and securitisation of raw materials and energy.


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EDITED BY : SARNALI CHAKRABORTY 1MINS READ

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