Nalco: Nalco posts record cast metal production at 4.63 lakh metric tonne in FY24

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State-owned NALCO has made a record production of cast metal at 4,63,428 metric tonne throughout the monetary 12 months 2023-24. The firm has additionally made its highest-ever metal gross sales of 4,70,108 metric tonne throughout the fiscal ended March 31, it mentioned in a press release on Tuesday.
The excavation of bauxite reached a record excessive of seven,600,230 metric tonne throughout the monetary 12 months 2023-24, NALCO mentioned.
According to the corporate, it has surpassed all earlier data since its inception.
NALCO CMD Sridhar Patra mentioned, “Major milestones have been achieved by the company by way of backward integration and securitisation of raw materials and energy in the past four years on account of the dedication and hard work of the employees and cooperation received from various stakeholders.”
The firm’s alumina refinery has produced 21,24,000 metric tonne of alumina hydrate, whereas the captive energy plant generated a gross 7,193.62 million items of energy throughout the 12 months.
In FY 23-24, the entity additionally developed and operationalised Utkal D coal block and produced 2 million tonne of coal, which is the peak-rated capability of the mine.
Under the Ministry of mines, National Aluminium Company Ltd (NALCO) is the nation’s main producer and exporter of alumina and aluminium.