Nalco posts document solid steel manufacturing at 4.63 lakh metric tonne in FY24 – Occasions of India

State-owned NALCO has made a document manufacturing of solid steel at 4,63,428 metric tonne throughout the monetary 12 months 2023-24. The corporate has additionally made its highest-ever steel gross sales of 4,70,108 metric tonnes throughout the fiscal ended March 31, it stated in an announcement on Tuesday.
The excavation of bauxite reached a document excessive of seven,600,230 metric tonne throughout the monetary 12 months 2023-24, NALCO stated.
In response to the corporate, it has surpassed all earlier information since its inception.
NALCO CMD Sridhar Patra stated, “Main milestones have been achieved by the corporate by means of backward integration and securitization of uncooked supplies and power previously 4 years on account of the dedication and onerous work of the workers and cooperation acquired from numerous stakeholders. ”
The corporate’s aluminum refinery has produced 21,24,000 metric tonne of aluminum hydrate, whereas the captive energy plant generated a gross 7,193.62 million items of energy throughout the 12 months.
In FY 23-24, the entity additionally developed and operationalized Utkal D coal block and produced 2 million tonnes of coal, which is the peak-rated capability of the mine.
Beneath the Ministry of Mines, Nationwide Aluminum Firm Ltd (NALCO) is the nation’s main producer and exporter of aluminum and aluminium.