The National Aluminium Company Limited (Nalco) has recorded an all-round success in bauxite and alumina productions in the fiscal 2019-20.
It may be mentioned that with more than 100 per cent capacity utilisation, Nalco's Panchpatmali Mines has achieved bauxite production of 73.02 lakh MT, which is highest ever since company’s inception. Bauxite transportation has gone up to 73.02 lakh MT, which is also highest-ever so far.
The company’s alumina refinery has produced highest-ever 21.61 lakh MT of alumina hydrate and set a new record. Steam and Power Plant (SPP) of the alumina refinery has also achieved highest ever net power generation.
The aluminium smelter of Nalco has achieved more than 90 per cent capacity utilisation with cast metal production of 4.18 lakh MT in spite of facing acute coal crisis in the monsoon season and also the recent Coronavirus pandemic. Also, the DC energy consumption at the smelter was at the lowest.
Nalco CMD Sridhar Patra said, "In the ongoing sluggish metal market, we would be able to tide over the downturn by continuing to keep our focus on bauxite mining and alumina refining arm, coupled with several cost reduction measures."
Despite COVID19 crisis, Nalco’s all units are operational with reduced manpower contributing to the national economy.