To be a Company of

global repute in Aluminium Sector

VISION

MISSION To achieve growth in business with global competitive edge, providing satisfaction tothe customers, employees, shareholders

and community at large.

National Aluminium Company Limited

was incorporated in 1981, as a Public Sector Company,under the Ministry of Mines.

The total Capital Cost of Rs. 2408 crore was funded through

Govt. of India contribution : Rs 1289 crore

Euro-dollar loan from a consortium of International Banks : Rs 1119 crore

LANDMARK EVENTS

Foundation-stone laid by Late Smt. Indira Gandhi – March 1981  Commissioning of the Units : September 1985 - March 1987  Commencement of Aluminium Sale – May 1987  Commencement of Alumina Export – January 1988  London Metal Exchange Registration – May 1989

Dedicated to the Nation by Late Shri Rajiv Gandhi – June 1989 Achieved Zero-debt Status – September 1998  Equity capital restructured from Rs.1288.62 crore to Rs.644.31 crore – March 1999

EXPANSIONS UNDERTAKENNalco has implemented a major capacity expansion

project of Rs 3700 crore funded through Internal accruals : Rs 3400 crore Loans : Rs 300 crore

Bauxite December ’96 December ’99From 24,00,000 tpato 48,00,000 tpa

Alumina December ’96 March ’01 From 8,00,000 tpato 15,75,000 tpa Aluminium February ’98 June ’04From 2,30,000 tpa (scheduled)to 3,45,000 tpa

Power February ’98 February ’04From 720 mwto 960 mw

SALIENT FEATURES Advanced Technology (Sourced from Pechiney, France)

Integrated Operations Captive Resources World Class Products International Linkages in Technology & Market Well-trained Manpower Sound Financial Management Care for Ecology & Environment Self-funded Expansions Expertise in Project Management

LOCATIONS

New DelhiJaipur

SilvasaMumbai

Bhiwandi

Bangalore Chennai

Visakhapatnam

Damanjodi

Bhubaneswar ParadeepAngul

Kolkata

Registered Office

Regional Offices

Production Centres

Ports

Bauxite Mines

Stockyards

BAUXITE MINES Located on Panchpatmali Hills in Koraput district of Orissa

Fully mechanized open-cast mines, in operation since 1985

Serve feed-stock to Alumina Refinery

Ore transportation through 14.6 km long cable belt conveyor

310 million tonnes deposit estimated

Initial Capacity : 24,00,000 tpy

Expanded Capacity : 48,00,000 tpy

4816762

2834189

4777003

3522059

28224641999-00

2000-01

2001-02

2002-03

2003-04

PRODUCTION OF BAUXITEin tonnes

Cumulative Production Since Inception 44.5 million tonnes

Located at Damanjodi in Koraput district

In operation since 1986

3 production streams, each of 5.25 lakh tpy

3x18.5 mw co-generation of power

ALUMINA REFINERY

Initial Capacity : 8,00,000 tpy

Expanded Capacity : 15,75,000 tpy

One among the top ten alumina refineries in the world

PRODUCTION OF ALUMINAin tonnes

Cumulative Production Since Inception 14.6 million tonnes

886000

939000

1113000

1480600

1550100

1999-00

2000-01

2001-02

2002-03

2003-04

Located at Angul in Orissa

Integrated Casting & Rolling facilities

Energy-efficient State-of-the-art Pechiney technology (France)

In operation since 1987

ALUMINIUM SMELTER

Initial Capacity : 2,18,000 tpy

Expanded Capacity : 3,45,000 tpy

PRODUCTION OF ALUMINIUMin tonnes

Cumulative Production Since Inception31,07,000 tonnes

212663

230516

231674

244708

298208

1999-00

2000-01

2001-02

2002-03

2003-04

Located close to Smelter

Captive rail system for coal transport from Talcher Coalfields

 Feeds uninterrupted power to Smelter

Connected to State Grid for sale of surplus power

CAPTIVE POWER PLANT

Initial Capacity : 600 mw

Expanded Capacity : 960 mw

5122

4292

3970

3833

39851999-00

2000-01

2001-02

2002-03

2003-04

POWER GENERATIONin million units

Cumulative Production Since Inception 60,935 million units

PORT FACILITIES Located on the inner harbour of Visakhapatnam Port

Mechanized storage and ship handling facilities for exporting alumina and importing caustic soda

Capacity to store 75,000 tonnes of alumina and 30,000 tonnes of caustic soda

Can handle up to 1 million tonnes of alumina export per year

PRODUCTS

ALUMINA

Calcined Alumina

Alumina Hydrate

Speciality Aluminas & Hydrates

Detergent Grade Zeolite

ALUMINIUM METAL

Standard Ingots

Sow Ingots

Wire Rods

Billets

Cast Strips

Cold Rolled Sheets

ROLLED PRODUCT UNIT100% Export Oriented Unit

Capacity : 50,000 tpy

Product Mix : Aluminium Alloy Coils & Sheets

Rolling Mills Completed : April 2002

Product Launched : November 2002

Caster Commissioning : Approval of revised cost of Rs 398.36 crore awaited

Located close to the Smelter Plant at Angul Acquired from IAPL in March 2000

GLOBAL MARKET

Aluminium Export Italy Bahrain GermanyChina Philippines PakistanSri Lanka Nepal BangladeshMyanmar Thailand MalaysiaSingapore Indonesia Hong KongTaiwan South Korea UAE

Japan TurkeyUSA Vietnam

Alumina Export

USA Georgia IranChina Russia AustraliaIndonesia UAE

EXPORT OF ALUMINAin tonnes

479620495723

670120

1037287

916196

1999-00 2000-01 2001-02 2002-03 2003-04

95185

120173 118868114082

106283

123094

107302

135193129718

166650

1999-00 2000-01 2001-02 2002-03 2003-04

ExportDomestic

SALE OF ALUMINIUMin tonnes

1031.65

1314.2

1204.43

1515.65

1717.27

1999-00 2000-01 2001-02 2002-03 2003-04

EXPORT EARNINGRs in crore

2142.322408.6 2385.67

2739.67

3339.04

1999-00 2000-01 2001-02 2002-03 2003-04

SALES TURNOVER Rs in crore

655.83

409.35

520.92

735.59

511.53

PROFIT AFTER TAX Rs in crore

1999-00 2000-01 2001-02 2002-03 2003-04

Provisional

PRODUCTION TARGETS

ItemActual

2003-04Targets for

2004-05

Bauxite (MT) 48,16,762 48,00,000

Alumina (MT) 15,50,100 15,60,000

Aluminium (MT) 2,98,208 3,48,000

Power (MU) 5122 5800

SALES TARGETS in tonnes

ItemActual

2003-04Targets for

2004-05

Alumina Sale 9,61,196 8,83,000

Aluminium Export 1,29,718 1,74,000

Domestic Metal Sale 1,66,650 1,74,000

Total Metal Sale 2,96,368 3,48,000

MoU WITH MINISTRY OF MINES

YEAR SCORE GRADE

1999-00 1. 42 Excellent

2000-01 1.472 Excellent

2001-02 1.50 Excellent

2002-03 1.427 Excellent

2003-04 1.452 Excellent(expected)

RESEARCH & DEVELOPMENT

The R & D Centres at Angul and Damanjodi are recognized by Ministry of Science and Technology, Govt. of India

Thrust Areas

Process improvement

Energy conservation

Promotion of indigenous technologies

Commercial utilization of industrial wastes

Patents Granted : 02

Process for Precipitation of Alumina Hydrate with superior purity & fineness

Preparation of Low Soda, High Alpha Thermally Reactive Alumina

Patents Awaited : 08

ENVIRONMENT POLICY In recognition of the interests of the society in securing

sustainable industrial growth, compatible with a wholesome environment, Nalco affirms that it assigns high importance to promotion and maintenance of a

pollution-free environment in all its activities.

Measures

Use of eco-friendly processes

Use of latest equipments and facilities for treatment of emissions and effluents

Creation of green belts around mines, plants and facilities

Rehabilitation of mined out areas

Safe disposal of industrial wastes like fly ash and red mud

Dust suppression in mines and other material handling areas

Treatment and recycling of waste water

ENVIRONMENT PROTECTION

1702

814 3064

1122

Executive

Supervisors

Skilled

Unskilled &semiskilled

Total 6702

SC/ST Representation 2312*Land displaced persons 1655Physically Handicapped 59Women Employees 277

Human Resourcesas on 31.03.2004

* Every third employee is SC or ST

SOCIAL SECTOR ACTIVITIES

Rehabilitation of displaced families Schemes for income & employment generation Rural drinking water supply Rural roads & communication Development of Educational Institutions Human & Animal Health Care Programmes Promotion of agriculture & social forestry Encouragement to sports, art & culture Development of public places & heritage sites Relief & assistance during natural calamities

Thrust Areas

DIVIDENDRs in crore

YearProfit after

tax% of

dividendTotal dividend

Govt. of India’s share

98-99 248.25 12 77.32 67.38

99-00 511.53 20 128.86 112.30

00-01 655.83 40 257.72 224.61

01-02 409.35 40 257.72 224.61

02-03 520.92 60 386.59 337.45

Total dividend payouts since beginning : Rs 1490.93 crore

CONTRIBUTION TO PUBLIC EXCHEQUERRs in crore

1998-99 1999-00 2000-01 2001-02 2002-03

Central 385.41 518.18 582.75 738.35 677.17

State 84.76 104.85 118.11 128.77 134.30

Total 470.17 623.03 700.86 867.12 811.47

Through payment of taxes, duties, royalties, dividends etc.

Cumulative Contribution since inception

To the Central Govt. : Rs 4755.85 crore

To the State Govt. : Rs 1133.27 crore

A Super Star Trading House

Registered with London Metal Exchange

All Production Units ISO 9002 & ISO 14001 Certified

A Mini Ratna PSU

CORPORATE RECOGNITIONS

Indira Priyadarshini Vrikshamitra Award (1994) Indira Gandhi Paryavaran Puraskar (2000) CAPEXIL Export Awards for last 16 years Top Export Award of EEPC for last 3 years FIEO’s Niryat Shree Award for last 2 years Indira Gandhi Rajbhasa Award (1993 & 1995) Environment Promotion & Pollution Control Awards

from FIMI, FICCI & Orissa State Pollution Control Board

AWARDS & ACCOLADES

2nd PHASE EXPANSION

Proposal for further expansion of production capacities is under consideration of Govt. of India

UNIT EXPANSION TO COST(in Rs)Bauxite Mines 63,00,000 tonnes 72.27 croreAlumina Refinery 21,00,000 tonnes 1258.02 croreAluminium Smelter 4,60,000 tonnes 1609.41 crorePower Plant 1200 MW 1151.81 crore

Total Cost : Rs 4091.51 crore

LOOKING AHEAD

Aluminium holds great promise in the industrial development of the country, in view of large-scale availability of bauxite and growing demand for aluminium.

Further expansion of alumina and aluminium production capacities

Tolling of alumina for production of metal in energy- surplus countries and joint venture projects abroad

Setting up of export-oriented alumina refinery, based on east coast bauxite

Manufacturing of inputs / raw materials like CP coke, caustic soda, aluminium fluoride, coal tar pitch

Creation of production facilities for automobile components and other value-added products

Nalco envisages

Thank You