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SENSEX ▲ 74,382 NIFTY 50 ▲ 22,519 USD/INR ▼ 83.41 GOLD ▲ ₹72,450/10g RBI Repo Rate: 6.50% SBI FD 1yr: 6.80% SENSEX ▲ 74,382 NIFTY 50 ▲ 22,519 USD/INR ▼ 83.41 GOLD ▲ ₹72,450/10g RBI Repo Rate: 6.50% SBI FD 1yr: 6.80%

Nalco: Nalco posts file forged metallic manufacturing at 4.63 lakh metric tonne in FY24

State-owned NALCO has made a file manufacturing of forged metallic at 4,63,428 metric tonne in the course of the monetary 12 months 2023-24. The corporate has additionally made its highest-ever metallic gross sales of 4,70,108 metric tonne in the course of the fiscal ended March 31, it stated in an announcement on Tuesday. The excavation of bauxite reached a file excessive of seven,600,230 metric tonne in the course of the monetary 12 months 2023-24, NALCO stated. In keeping with the corporate, it has surpassed all earlier information since its inception. NALCO CMD Sridhar Patra stated, “Major milestones have been achieved by the company by way of backward integration and securitisation of raw materials and energy in the past four years on account of the dedication and hard work of the employees and cooperation received from various stakeholders.” The corporate’s alumina refinery has produced 21,24,000 metric tonne of alumina hydrate, whereas the captive energy plant generated a gross 7,193.62 million models of energy in the course of the 12 months. In FY 23-24, the entity additionally developed and operationalised Utkal D coal block and produced 2 million tonne of coal, which is the peak-rated capability of the mine. Below the Ministry of mines, Nationwide Aluminium Firm Ltd (NALCO) is the nation’s main producer and exporter of alumina and aluminium.

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