To be a Company of global repute in Aluminium Sector

VISION

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

and community at large.

National Aluminium Company Limitedwas 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 froma consortium of International Banks : Rs 1119 crore

LANDMARK EVENTSFoundation-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 1989Achieved Zero-debt Status – September 1998Equity capital restructuredfrom 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 throughInternal accruals : Rs 3400 croreLoans : Rs 300 crore

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

Alumina December ’96 March ’01From 8,00,000 tpato 15,75,000 tpa

Aluminium February ’98 June ’04From 2,30,000 tpa (scheduled)to 3,45,000 tpaPower February ’98 February ’04From 720 mwto 960 mw

SALIENT FEATURESAdvanced Technology (Sourced from Pechiney, France)

Integrated OperationsCaptive ResourcesWorld Class ProductsInternational Linkages in Technology & Market Well-trained ManpowerSound Financial ManagementCare for Ecology & EnvironmentSelf-funded ExpansionsExpertise in Project Management

LOCATIONS

New DelhiJaipur

Silvasa

Bhiwandi Visakhapatnam

DamanjodiBhubaneswar Paradeep

Angul

Kolkata

Mumbai

Registered Office

Regional Offices

Production Centres

Ports

Bauxite Mines

Stockyards

Bangalore Chennai

BAUXITE MINESLocated 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

ALUMINA REFINERY

Located at Damanjodi in Koraput districtIn operation since 19863 production streams, each of 5.25 lakh tpy3x18.5 mw co-generation of power

Initial Capacity : 8,00,000 tpyExpanded Capacity : 15,75,000 tpy

One among the top ten alumina refineries in the world

PRODUCTION OF ALUMINAin tonnes

886000

939000

1113000

1480600

1550100

1999-00

2000-01

2001-02

2002-03

2003-04

Cumulative Production Since Inception 14.6 million tonnes

ALUMINIUM SMELTER

Located at Angul in Orissa

Integrated Casting & Rolling facilities

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

In operation since 1987

Initial Capacity : 2,18,000 tpy

Expanded Capacity : 3,45,000 tpy

PRODUCTION OF ALUMINIUMin tonnes

212663

230516

231674

244708

298208

1999-00

2000-01

2001-02

2002-03

2003-04

Cumulative Production Since Inception31,07,000 tonnes

CAPTIVE POWER PLANT 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

Initial Capacity : 600 mwExpanded 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 FACILITIESLocated on the inner harbour of Visakhapatnam PortMechanized 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 sodaCan handle up to 1 million tonnes of alumina export per year

PRODUCTS

ALUMINA ALUMINIUM METAL

Calcined Alumina

Alumina Hydrate

Speciality Aluminas & Hydrates

Detergent Grade Zeolite

Standard Ingots

Sow Ingots

Wire Rods

Billets

Cast Strips

Cold Rolled Sheets

ROLLED PRODUCT UNIT100% Export Oriented Unit

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

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

GLOBAL MARKETAlumina Export

USA Georgia IranChina Russia AustraliaIndonesia UAE

Aluminium ExportItaly Bahrain GermanyChina Philippines PakistanSri Lanka Nepal BangladeshMyanmar Thailand MalaysiaSingapore Indonesia Hong KongTaiwan South Korea UAE Japan TurkeyUSA Vietnam

EXPORT OF ALUMINAin tonnes

479620 495723

670120

1037287

916196

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

95185

120173 118868114082

106283

123094107302

135193129718

166650

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

ExportDomestic

SALE OF ALUMINIUMin tonnes

1031.65

1314.21204.43

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 TURNOVERRs in crore

655.83

409.35

520.92

735.59

511.53

PROFIT AFTER TAXRs in crore

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

Provisional

PRODUCTION TARGETS

48,00,00048,16,762Bauxite (MT)

58005122Power (MU)

3,48,0002,98,208Aluminium (MT)

15,60,00015,50,100Alumina (MT)

Targets for2004-05

Actual2003-04

Item

SALES TARGETSin tonnes

3,48,0002,96,368Total Metal Sale

1,74,0001,66,650Domestic Metal Sale

1,74,0001,29,718Aluminium Export

8,83,0009,61,196Alumina Sale

Targets for 2004-05

Actual2003-04Item

MoU WITH MINISTRY OF MINES

YEAR SCORE GRADE1999-00 1. 42 Excellent2000-01 1.472 Excellent2001-02 1.50 Excellent2002-03 1.427 Excellent2003-04 1.452 Excellent

(expected)

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

Thrust AreasProcess improvementEnergy conservationPromotion of indigenous technologiesCommercial utilization of industrial wastes

Patents Granted : 02Process for Precipitation of Alumina Hydrate with superior purity & fineness

Preparation of Low Soda, High Alpha Thermally Reactive Alumina

Patents Awaited : 08

ENVIRONMENT POLICYIn 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.

MeasuresUse of eco-friendly processes Use of latest equipments and facilitiesfor treatment of emissions and effluentsCreation of green belts around mines, plants and facilitiesRehabilitation of mined out areasSafe disposal of industrial wastes like fly ash and red mudDust suppression in mines and other material handling areasTreatment 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 ACTIVITIESThrust Areas

Rehabilitation of displaced familiesSchemes for income & employment generationRural drinking water supplyRural roads & communicationDevelopment of Educational InstitutionsHuman & Animal Health Care Programmes Promotion of agriculture & social forestryEncouragement to sports, art & cultureDevelopment of public places & heritage sitesRelief & assistance during natural calamities

DIVIDENDRs in crore

337.45386.5960520.9202-03224.61257.7240409.3501-02224.61257.7240655.8300-01112.30128.8620511.5399-0067.3877.3212248.2598-99

Govt. of India’s shareTotal dividend% of

dividendProfit after

taxYear

Total dividend payouts since beginning : Rs 1490.93 crore

CONTRIBUTION TO PUBLIC EXCHEQUERRs in crore

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

867.12

128.77

738.35

2001-02

811.47

134.30

677.17

2002-03

700.86623.03470.17Total

118.11104.8584.76State

582.75518.18385.41Central

2000-011999-001998-99

Cumulative Contribution since inception

To the Central Govt. : Rs 4755.85 crore

To the State Govt. : Rs 1133.27 crore

CORPORATE RECOGNITIONSA Super Star Trading House

Registered with London Metal Exchange

All Production Units ISO 9002 & ISO 14001 Certified

A Mini Ratna PSU

AWARDS & ACCOLADESIndira Priyadarshini Vrikshamitra Award (1994)Indira Gandhi Paryavaran Puraskar (2000)CAPEXIL Export Awards for last 16 yearsTop Export Award of EEPC for last 3 yearsFIEO’s Niryat Shree Award for last 2 yearsIndira Gandhi Rajbhasa Award (1993 & 1995)Environment Promotion & Pollution Control Awards from FIMI, FICCI & Orissa State Pollution Control Board

2nd PHASE EXPANSIONProposal 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 AHEADAluminium 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