National Aluminium Company (Nalco),JSW Steel and Jaiprakash Industries have evinced interest in setting up an alumina refinery and aluminium smelter in Kutch. The 1 million tonne per annum (TPA) alumina refinery project and 0.5 million TPA smelter project involves expenditure of Rs10,000 crore.
State PSU Gujarat Mineral Development Corporation GMDC) had invited Expression of Interest (EoI) earlier this month for joint development of the mines as a part of its recent policy of adding value to minerals before they are transported out of the state. The GMDC has huge reserves of plant grade and non-plant Bauxite at Gadhsisa in Kutch and Kalyanpur in Jamnagar (Saurashtra region). While Gadhsisa has a potential of mining 1 million TPA bauxite, Kalyanpur has a capacity of 1.25 million TPA. Kalyanpur (Jamnagar) has 60 million tonnes, Porbandar 20 million tonnes Plant grade bauxite is used in refractories and chemical industries, while non-plant grade bauxite is exported.
| Company Name | CMP |
|---|---|
| National Aluminium | 431.40 |
| Maan Aluminium | 144.25 |
| Arfin India | 96.39 |
| Manaksia Aluminium | 31.00 |
| PG Foils | 218.00 |
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