PSU PRESS RELEASE
NALCO receives mining lease of Pottangi Bauxite Mines
New delhi. National Aluminium Company (NALCO), the Navratna PSU, under Ministry of Mines, Government of India has been granted Pottangi Bauxite Mines, in Koraput district of Odisha, where the company’s 22,75,000-tonne Alumina Refinery is located. The company has been granted the mining lease of Pottangi with an area covering 1,738 hectares for a period of 50 years.
NALCO’s expansion plans, including the proposed addition of 5th stream in its existing Alumina Refinery at an investment of Rs 5,600 crore, greatly depended on this additional source of bauxite.
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