Tuesday, 26 May 2020

NALCO aims to cut aluminium output cost by 9%

Updated: August 26, 2016 2:59 pm

 

National Aluminium Company (NALCO) aims to reduce cost of aluminium production by 8 to 9 per cent by bringing in new energy efficient technology and ramping up metal output through brownfield expansion. “Since the price of aluminium in the international market remains subdued and is likely to remain so for some time due to Chinese factor, we are working on a strategy to cut production cost and maintain profitability”, said T K Chand, chairman cum managing director (CMD), Nalco. The strategy hinges on two things. First, the company plans to add a new potline near its current smelter plant location at Angul based on the latest technology and second, going for modernisation of the existing potline at the smelter.

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