National Aluminium Company’s (NALCO) hopes of resuming operations at its bauxite mine have been nearly doused as the company reportedly has yet not received any formal permission for the project. The company’s work at its Panchpatmali mine in Koraput district of Odisha was suspended after its long-term mining lease expired on November 16.
The company’s operations at the Damanjodi refinery (in the same district) were already been cut down to one-fourth, of its rated capacity for over a week and soon might have to be shut down if the company fails to restart mining operations by this week-end. The company’s Odisha mine has a deposit of more than 310 million tonnes of bauxite.
| Company Name | CMP |
|---|---|
| National Aluminium | 407.75 |
| Maan Aluminium | 151.55 |
| Arfin India | 95.50 |
| Manaksia Aluminium | 35.59 |
| PG Foils | 210.60 |
| View more.. | |
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