State-run National Aluminium Company (NALCO) restarted operations at its bauxite mine in eastern India on receiving a temporary one-year permit. The company had suspended the operation at Panchpatmali mine in the Koraput district of Odisha as its 30-year lease for the area expired on November 16. Panchpatmali mine has a deposit of more than 310 million tonnes of bauxite. The company aims to get the lease it had applied for nearly two years ago renewed within this period.
NALCO, which is India's third-largest producer of aluminium, revises product prices from time to time to mirror London Metal Exchange prices. It last raised aluminium prices across all products by Rs 4,500 on December 01, 2012.
| Company Name | CMP |
|---|---|
| National Aluminium | 417.60 |
| Maan Aluminium | 137.95 |
| Arfin India | 90.57 |
| Manaksia Aluminium | 27.20 |
| PG Foils | 220.95 |
| View more.. | |
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