Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
National Aluminium Company (NALCO) signed a Mining Lease deed with the State Government of Odisha for 697.979 hectares of bauxite mines in Pottangi Tehsil, Koraput District. The mine has an annual capacity of 3.5 million tonnes (MT) and reserves estimated at 111 MT, with a mine life of 32 years.
The mine is expected to operate soon after securing the necessary statutory clearances. The mined bauxite would be transported to the NALCO Refinery in Damanjodi via an 18.5-kilometre overland conveyor. This calculated action supports NALCO's future expansions and guarantees a steady supply of raw materials for the company's current refinery.
With this enhanced resource base, NALCO is poised to strengthen its position in the Aluminum Industry, optimize production efficiency and meet the growing demand for Aluminum domestically and internationally.
Also Read : No privatisation of Vizag steel plant, assures steel ministry India will reportedly spend $3.7 bn to fence border with Myanmar
The standing committee of the State Board for Wildlife (SBWL) has issued a firm 'no' to the proposed...
Ferrous 01-Feb-2024
The recent review of coal production from captive and commercial mines shows promising growth in the...
Press Releases 29-Feb-2024
Switzerland-based asset manager responsAbility Investments AG is set to invest up to USD 25 million...
Automobiles 29-Jan-2024
UK steel prices are staying firm as major policy changes begin to reshape supply and buying be...
Europe 24-Feb-2026
Canada Announces Tariffs and Support to Protect Domestic Steel Industry Canada is taking decisive s...
Announcement 17-Jul-2025
JSW Kalinga Steel is preparing to enter the corporate bond market with a planned debt issue wo...
Business 16-Mar-2026