National Aluminium Company Ltd (NALCO) has posted 16.8 % growth in its bauxite production in the April-February of this fiscal, achieving a volume of 6.56 MnT.
Bauxite production till February is NALCO’s highest since its inception. Similarly, the hydrate production at its Damanjodi refinery has also registered an increase of 6.8 %. The hydrate production till February 2017 was 1.89 MnT as against 1.77 MnT for the same period in the previous year.
At its Angul aluminium smelter, cast metal production grew by 3.79 % and the aluminium metal sales grew by 2.68 %. With the aluminium market firming up the navaratna PSU foresees sunny days ahead and is planning to increase its cast metal production by 12 % in the next fiscal.
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