Nalco to raise production capacity to 73L tonnes

After a record 18% growth in bauxite mining, aluminium major Nalco plans to raise its production capacity to over 73 lakh tonnes this fiscal from about 68 lakh tonnes.

Mr Tapan Kumar Chand CMD of NALCO said that “During 2016-17 Nalco will surpass its production capacity of 68.25 lakh tonnes and will achieve 73.25 lakh tonnes production.”

Highlighting the new business model of the company, Mr Chand said that “In 2016 Nalco had posted strong growth of 18 per cent in Bauxite mining, the highest since inception and a record in the mining industry.”