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Nalco gets Pottangi mining lease

Bhubaneswar, July 13: The National Aluminium Company Limited (Nalco) has been granted the Pottangi Bauxite Mines in Koraput district, where the company’s 22,75,000-tonne alumina refinery is located.

As per a recent order issued by the State’s Department of Steel and Mines, the Nalco has been granted the mining lease of Pottangi with an area covering 1,738 hectares for a period of 50 years.

Nalco CMD Dr Tapan Kumar Chand said that now it is the Nalco’s turn to live up to the expectations of both the Centre and the State as also the people of Odisha through expansion, investment and CSR initiatives.

The Nalco’s expansion plans, including the proposed addition of a fifth stream in its existing alumina refinery at an investment of Rs 5,600 crore, greatly depended on this additional source of bauxite.

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