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Rise in NALCO metal sales

BHUBANESWAR: The National Aluminium Company Limited (NALCO) on Wednesday reported 104.12 per cent capacity utilisation of its aluminium smelter at Angul, with a production of 3,59,213 tonnes of aluminium cast metal, in 2007-08, compared to 3,58,734 tonnes in the previous year. Similarly, the alumina refinery at Damanjodi reported 100.04 per cent capacity utilisation with a production of 15,75,500 tonnes of Alumina Hydrate, as against 14,75,200 tonnes in the previous year, NALCO said in a release here.

The company also achieved the highest-ever metal sales of 3,58,878 tonnes during 2007-08, earning the highest-ever export turnover on primary aluminium at 270.46 million dollar, against the previous high of 247.05 million dollar in 2006-07, it said

The company said this represented an increase of 3.12 per cent against target of 3,48,000 tonnes set by the Ministry of Mines.Foraying into a newer sector, NALCO and Bharat Earth Movers Limited (BEML) recently entered into an agreement to collaborate for the production of aluminium rail wagons and subsequently, aluminium rail coaches and metro coaches. As per the agreement, the products would be jointly developed by these two leading PSUs, another release said here on Wednesday.Nalco would supply the aluminium extrusions after conversion from its billets and ingots through a third party, it said. The aluminium wagons and coaches have several advantages like light weight, higher carrying capacity, environment friendliness and lower life cycle cost.

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