Nalco and Chaleico, China enter into R&D agreement

KOLKATA: National Aluminium Company (Nalco) and Chaleico of China have entered into an agreement for R&D co-operation in fields of mutual interest. Projects to be taken up by these two companies include, separation of iron concentrate from Red Mud and Extraction of Gallium from Bayer Liquor, according to a statement issued by the state run domestic aluminium major on Wednesday.

Commenting on the development, Tapan Kumar Chand, CMD, Nalco said: " Extraction of marketable iron concentrate from Red Mud will be our first R&D project with Chaleico. This will be a major step in extracting value out of Red Mud, which is otherwise treated as an industrial waste." "On successful completion of the project, the efforts will be commercialized through a demonstration plant," he added.