NALCO targets to produce 4.6 lakh tonnes of aluminium
State-owned National Aluminium Co Ltd has set a target of producing 4.6 lakh tonnes of aluminium and 16.58 lakh tonnes of alumina in the 2010-11 financial year.
Nearly a third of the world's aluminium is being produced at a loss because of metal prices dampened by high inventories and weak growth prospects, fund manager Perpetual said on Tuesday.