Nalco to Start Pottangi Bauxite Mines by June 2024

• Nalco aims to start its Pottangi bauxite mines in Odisha by mid-2026 to support the expansion of its integrated aluminium business.
• The company is expanding its Damanjodi alumina refinery by adding a 1 MTPA 5th stream, increasing total capacity to 3.275 MTPA.
• Odisha government granted Nalco a 50-year mining lease for the 697.979-hectare Pottangi Bauxite Deposit to ensure raw material supply.
• Dilip Buildcon Ltd is the L-1 bidder for Pottangi, and Nalco plans alternate bauxite sourcing, including a new 3 MTPA conveyor by April-May 2026, to prevent shortages.

Why It Matters: Nalco's new mines secure raw material for expansion, strengthening its market position.