While China’s Chalieco (China Aluminium International Engineering) has already expressed interest in participating in the proposed one lakh tonne per annum project at Chhatrapur in Ganjam district of Odisha, Nalco will also scout for other global technology suppliers in countries like Russia, Ukraine and the US, company chairman Tapan Kumar Chand said.
“Titanium is regarded as a high-end metal and Nalco aims to enter into a niche market with this venture. The company, by virtue of its strong international presence, can play a vital role in attracting reputed suppliers for this project,” Chand said.
Indian Rare Earths (IREL) had earlier floated an expression of interest for technology supply for the project after the two partners got a pre-feasibility report prepared. However, no global technology supplier evinced interest and hence Nalco has now decided to take the lead in attracting global technology suppliers.
This was discussed between senior officials of the two firms led by Chand and IREL chairman D Singh in Bhubaneswar on Thursday.
Source: The Economic Times
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