 "Nalco rides on London Metal Exchange gains, sees room for more price hikes")
National Aluminium Company (Nalco) exited FY2019 as the world's most frugal cost producer of bauxite. While the navratna firm was previously adjudged the lowest cost producer of alumina globally by Wood Mackenzie, it added the rare feat of being the most competitive bauxite producer in last fiscal.
Nalco logged more than 100 per cent capacity utilization at its captive Panchpatmalli bauxite mines, producing 7.41 million tonnes (mt), the best since its inception. Bauxite despatch at 7.23 mt was also the highest since the company kicked off operations. Nalco's alumina hydrate production touched a new high of 2.15 mt.
Metal or aluminium production
