National Aluminium Company Limited

Outotec has been awarded an order by National Aluminium Company Ltd (NALCO) to deliver technology and services for an alumina refinery expansion in Damanjodi, Odisha, India. The order is worth approximately EUR 15 million and will increase NALCO's annual alumina production by about one million tonnes.

Nalco and Mishra Dhatu Nigam (Midhani) signed a pact to form a joint venture company to set up a plant for manufacturing high-end aluminium alloy plates and sheets. Each will initially hold 50% equity.

National Aluminium Company Limited (NALCO) is planning to set up two joint ventures at the Angul Aluminium Park in Odisha: one with US-based Almex and another with Russia's Rusal. The JVs will manufacture special-grade aluminium for metro trains, e-vehicles, aerospace and automobile sectors. NALCO will hold a 40% stake in each JV.