Aluminum News

We strive to let you one step ahead of the market.

Indian Supreme Court approves Vedanta's bid for NALCO’s alumina tenders

16 Jan 2020 11:49 reported by Joy Liu

  • A
  • A
  • A

It was reported that the Supreme Court of India has approved Vedanta's bid for the alumina tenders by Indian National Aluminium Company Limited (NALCO).

If Vedanta got a successful bid, the firm was expected to be allowed to use raw materials at its Jharsuguda unit in the State of Odisha after picking up the merchandise from Visakhapatnam Port.

According to statistics, NALCO’s alumina output totaled around 2.3 million tons in the previous fiscal year, and the export volume was around 1.24 million tons, mainly to the Middle East, Southeast Asia and China.