NALCO eyes 20% growth in aluminium output

New Delhi, July 7 (PTI) State-run NALCO is targeting a 20 per cent increase in its aluminium production to 4.35 lakh tonnes for the current fiscal over the year-ago period. The company produced 3.61 lakh tonnes of the metal in the last fiscal. In terms of the agreement signed by NALCO with the ministry of mines in March, 2009, it will produce 4.35 lakh tonnes of aluminium in the current fiscal, as against 3.61 lakh tonnes in the previous financial year, Mines Minister Mr B K Handique informed Lok Sab ha. The PSU is looking to produce 1.8 million tonnes of alumina in the current fiscal as against 1.5 million tonnes produced in the previous fiscal, he said. Moreover, the company also targets an 18 per cent growth in bauxite production to 5.5 million tonne s for the current fiscal. The bauxite out put in the last fiscal stood at 4.7 million tonnes. In addition to the mineral, NALCO aims to generate 6,510 million units in the current fiscal as compared to 5,541 million units in FY'09. - PTI