Business Standard
Thursday, May 31, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Nalco plans to do away with explosives for bauxite mining
Press Trust Of India / Damanjodi (Orissa) May 07, 2009, 01:22 IST

In view of the Naxalites attack on its bauxite mines to loot explosives on April 12, aluminium major Nalco plans to use sophisticated technologies, which do not require explosives, for the extraction of bauxite from Panchpatmali mines here. The Navaratna company also plans to spend Rs 20 crore to strengthen security at its mining site and refinery complex, which is the Asia’s largest bauxite reserve.

“Since the Naxalites are eyeing explosives used in our mines and weapons of the security force, we are planning to adopt new technologies which will not require storage of explosives for mining bauxite,” Nalco Chairman and Managing Director C R Pradhan said.

 
Technologies like ripper, site mixed slurry (SMS), liquid ammonium nitrate, mechanical and surface miner methods are being examined to finally do away with blasting, he said. “Efforts are on to introduce one or a combination of these technologies at the earliest as it will minimise threat from Naxalites and also slash expenditure,” he said.

The cost in adopting the new technologies would also be much less than what the company was spending on explosives and deployment of CISF personnel, he said. With the reduction in the threat-perception, the need for elaborate security and presence of a large number of CISF personnel would also be minimised, he said.

Pointing out that blasting was never allowed for mining in the north-east, Pradhan said Nalco was already trying ripper and SMS technologies, while surface miner method used by some coal companies could also be an option. “Surface miner machine which costs about Rs 300-400 crore can be used as is being done in coal mines,” he said.

Stating that Nalco was spending over Rs 20 crore per annum on CISF deployment, he said at present there were 417 CISF personnel for both Panchpatmali mines and alumina refinery at Damanjodi and 245 more jawans were being added to beef up security after last month’s Naxalites attack. About Rs 50,000 is being spent by the company on each jawan per month in addition to creation and maintenance of security infrastructure, he said. Apart from adopting new technologies, the company has also worked out an action plan to strengthen security infrastructure at its mines and refinery at a cost of about Rs 20 crore, Pradhan said.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end lower ahead of May F&O expiry
- Parsvnath posts Rs 23 cr loss in Q4
- Educomp net down 57% at Rs 61 cr in Jan-Mar qtr
- DLF Q4 net plunges 39% to Rs 211 cr
- Provogue Q4 net profit down 71% at Rs 1.81 cr
Tags : Nalco | Bauxite |
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- Help a Child Achieve her. Click to know more
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Vodafone notice on arbitration premature: Govt
- Coal blocks for infrastructure projects get GoM nod
- Dissidence brewing in state: Senior BJP leaders team up against Modi
- Rupee-sensitive stocks risky for new investors
- Tata Motors skids as margins dip at JLR
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us