Reuters reported that India's state run National Aluminum Co Ltd’s aluminum production for the quarter ending June 30th 2008 fell by 1.8% YoY to 86,979 tonnes, but was in line with quarterly targets.
NALCO's alumina production during the quarter increased by 1.3% to 392,900 tonnes as compared to 387,800 tonnes April to June 2007. It sold 84,980 tonnes of aluminum in the first quarter to June as compared to 77,195 tonnes in the year-ago period. It sold 222,883 tonnes of alumina in the first quarter of 2008-09 as compared with 207,796 tonnes in first quarter of the previous fiscal.
Mr CR Pradhan CMD of NALCO told Reuters that "This was as per the target. We do not go by last year's production we go by the rated production and quarterly target.”
He said that “Last month, it faced a coal shortage and anticipated it would cut production. But while the problem had affected output, the company had managed to meet its quarterly target.”
