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Nalco Considering Sale of Alumina to Vedanta
BHUBANESHWAR.National Aluminium Company (Nalco) may finally be given the green light to sell alumina to private-sector rival Vedanta plc, as the Indian government has requested the state-owned firm to look into sales of the aluminium precursor to the London-based miner.
Both Nalco and Vedanta operate refineries and smelters in the eastern state of Odisha, but only Nalco has its own bauxite mines to draw from. Vedanta has attempted to buy alumina from Nalco, which has sufficient surplus to sell on the global open market, but all such efforts have been strenuously opposed by Nalco’s labor
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