October 07, 2008

NALCO posts results for 2007-08

It is reported that National Aluminum Company has achieved the highest ever metal production and sales target in 2007-08. It achieved the highest ever metal production of 359,213 tonnes in 2008 as against 358,734 tonnes in 2007 and record sales of 358,878 tonnes. Its smelter and refinery have achieved 100 per cent capacity utilization.

A NALCO release said that the aluminum smelter in Angul had reported a 104.12% YoY capacity utilization, while the alumina refinery in Damanjodi achieved a 100.04% YoY capacity utilization with a production of 1.57 million tonnes of alumina hydrate as against 1.47 million tonnes in 2007.