National Aluminium Company Limited (Nalco) plans to invest Rs4,830mn for crusher and conveyor system at its Mining & Refinery (M&R) complex at Damanjod in East Indian state of Odisha. The project is expected to be completed by April 2022. Nalco is an integrated aluminium Public Sector Unit (PSU) in India.
This ongoing advancement is a part of a project aimed at adding 1mn mt alumina production capacity. The company looks to invest a total of Rs55.4bn to complete this expansion programme.
Odisha has about 51pc of bauxite, 25pc of coal and 34pc of iron ore resources of the country. Nalco’s captive mines at present have extractable bauxite annual reserves of 6.825mn mt. Its alumina refinery at Damanjodi has a capacity of 2.1mn mt. The company’s annual smelting capacity is 0.46mn mt.