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Better coal supplies, lower input costs to make Nalco profitable again


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Representative image | Nalco is dependent on MCL to source coal for the Angul captive power plant

Improvement in coal supplies, sobering costs of critical inputs like caustic soda, coal tar pitch and calcined petroleum coke and an anticipated strengthening in alumina prices would help National Aluminium Company (Nalco) stage a rebound in profits, analysts said.

For the quarter ended December 31 2019, Nalco posted its second straight quarterly loss.

“The company had to battle business ...


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