National Aluminium Company (Nalco) has reportedly put all its overseas projects on hold, including one in Iran. This step has been taken by the company in order to focus on expanding domestic capacity. Last year, the company had signed an agreement with Iran’s mining development body to explore the possibility of building an aluminium smelter.
Nalco has the largest integrated alumina-aluminium complex of Asia. Its integrated operations cover the entire aluminium production value chain from mining bauxite, refining alumina, smelting aluminium, captive power generation to a strong logistic network in terms of rail & port facilities, coal mining and handling plant to support its operations and to become one of the most cost-efficient aluminium companies across the globe.
