Wednesday 21 August 2013

Nalco plans to increase exports by 40% to 1.4 million tonne this fiscal

In a bid to help the country to increase its dollar inflow amid a plunge in the rupee, National Aluminium Company (Nalco) is planning to increase its alumina exports by 40% to 1.4 million tonne this fiscal year. Moreover, the overseas shipments of Nalco could raise about $400 million based on current prices.

Further, the India’s largest exporter of alumina is planning to raise its alumina output by about 19% to 2.15 million tonne for the fiscal. Its output of aluminium, produced by smelting alumina, would be about 300,000 tonne, out of which about 35-40% would be exported.

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