The India Day was celebrated at the world’s biggest mineral, mining and manufacturing conference and exhibition – Prospectors and Developers Association of Canada (PDAC 2019) which has kicked off at Toronto, Canada from March 3.
Speaking on the occasion on Tuesday, Nalco CMD Dr Tapan Kumar Chand delivered a high-spirited presentation on Indian aluminium industry before the global audience.
Giving business insights on growth potential of aluminium as the metal of the future, Dr Chand highlighted on the world class facilities being offered by Odisha’s Angul Aluminium Park (AAI) and invited the potential investors, technology suppliers & equipment manufacturers to Odisha.
Besides, Dr Chand also informed regarding overseas acquisition, exploration and processing of strategic minerals through Khanij Bidesh India Ltd. (KABIL), a joint venture company of Nalco, HCL and MECL. Worth mentioning the company is exploring collaboration for strategic minerals like lithium assets abroad to help Indian companies including Nalco to manufacture lithium ion batteries.
“With Electric Vehicles coming up in big way in near future, lithium ion batteries have a huge business potential and Odisha would be hugely benefited to be amongst few destinations having lithium ion plants,” Dr Chand added, hinting that the Nalco’s lithium ion battery plant may come up in Odisha.
It may be mentioned that the Indian mining industries are participating in this convention under the India pavilion, which was inaugurated earlier by the Secretary, Mines, Anil Mukim. Nalco is the nodal agency of Government of India and CPSUs to showcase India’s mining power.
Source: dailypioneer
