Nalco gets Pottangi mining lease

Bhubaneswar, July 13: The National Aluminium Company Limited (Nalco) has been
granted the Pottangi Bauxite Mines in Koraput district, where the company’s 22,75,000-tonne
alumina refinery is located.

As per a recent order issued by the State’s Department of Steel and
Mines, the Nalco has been granted the mining lease of Pottangi with an area
covering 1,738 hectares for a period of 50 years.
Nalco CMD Dr Tapan Kumar Chand said that now it is the Nalco’s turn to
live up to the expectations of both the Centre and the State as also the people
of Odisha through expansion, investment and CSR initiatives.
The Nalco’s expansion
plans, including the proposed addition of a fifth stream in its existing alumina
refinery at an investment of Rs 5,600 crore, greatly depended on this
additional source of bauxite.

Leave a Reply

Your email address will not be published. Required fields are marked *