Tag: Mining
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Nalco to Keep Merchant Mining Plan in Abeyance
Navratna company- National Aluminium Company (Nalco) has decided to freeze its foray into merchant mining operations for now. Nalco would rather focus on its core smelter and alumina expansion plans, a senior company executive said. “We had announced to enter merchant mining as it figured in our business restructuring initiatives. But, Nalco has decided not…