VISION To be a Company of global repute

VISION To be a Company of global repute in Aluminium Sector MISSION To achieve growth in business with global competitive edge, providing satisfaction to the 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 § Euro-dollar loan from : Rs 1289 crore 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 UNDERTAKEN Nalco 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 ’ 99 December ’ 96 March ’ 01 Aluminium February ’ 98 June ’ 04 Power February ’ 98 February ’ 04 From 24, 000 tpa to 48, 000 tpa Alumina From 8, 000 tpa to 15, 75, 000 tpa From 2, 30, 000 tpa to 3, 45, 000 tpa From 720 mw to 960 mw (scheduled)

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 Jaipur New Delhi Kolkata Silvasa Mumbai Angul F Bhubaneswar Damanjodi. F Bhiwandi o Regional Offices o Production Centres Ports Bauxite Mines Stockyards Bangalore o Paradeep Visakhapatnam Registered Office F o Chennai

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, 000 tpy Expanded Capacity : 48, 000 tpy

PRODUCTION OF BAUXITE in tonnes Cumulative Production Since Inception 44. 5 million tonnes

ALUMINA REFINERY § Located at Damanjodi in Koraput district § In operation since 1986 § 3 production streams, each of 5. 25 lakh tpy § 3 x 18. 5 mw co-generation of power Initial Capacity : 8, 000 tpy Expanded Capacity : 15, 75, 000 tpy One among the top ten alumina refineries in the world

PRODUCTION OF ALUMINA in tonnes 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 ALUMINIUM in tonnes Cumulative Production Since Inception 31, 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 mw Expanded Capacity : 960 mw

POWER GENERATION in 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 ALUMINIUM METAL § Calcined Alumina § Standard Ingots § Alumina Hydrate § Sow Ingots § Speciality Aluminas & Hydrates § Wire Rods § Detergent Grade Zeolite § Billets § Cast Strips § Cold Rolled Sheets

ROLLED PRODUCT UNIT 100% Export Oriented Unit § Located close to the Smelter Plant at Angul § Acquired 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 MARKET Alumina Export USA China Indonesia Georgia Russia UAE Iran Australia Aluminium Export Italy China Sri Lanka Myanmar Singapore Taiwan Japan USA Bahrain Philippines Nepal Thailand Indonesia South Korea Turkey Vietnam Germany Pakistan Bangladesh Malaysia Hong Kong UAE

EXPORT OF ALUMINA in tonnes

SALE OF ALUMINIUM in tonnes

EXPORT EARNING Rs in crore

SALES TURNOVER Rs in crore

PROFIT AFTER TAX Rs in crore Provisional 1999 -00 2000 -01 2001 -02 2002 -03 2003 -04

PRODUCTION TARGETS Targets for 2004 -05 Bauxite (MT) Actual 2003 -04 48, 16, 762 Alumina (MT) 15, 50, 100 15, 60, 000 Aluminium (MT) 2, 98, 208 3, 48, 000 5122 5800 Item Power (MU) 48, 000

SALES TARGETS in tonnes Item Actual 2003 -04 Targets 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

Mo. U 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 § Patents Granted : 02 § Energy conservation § Process for Precipitation of Alumina § Promotion of indigenous technologies Hydrate with superior purity & fineness § Preparation of Low Soda, High Alpha Thermally Reactive Alumina § Commercial utilization of § Patents Awaited industrial wastes : 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.

ENVIRONMENT PROTECTION 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

Human Resources as on 31. 03. 2004 Total 6702 SC/ST Representation Land displaced persons Physically Handicapped Women Employees 2312* 1655 59 277 * Every third employee is SC or ST

SOCIAL SECTOR ACTIVITIES Thrust Areas § 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

DIVIDEND Rs in crore Year Profit after % of tax dividend Total 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 EXCHEQUER Rs in crore Through payment of taxes, duties, royalties, dividends etc. 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 Cumulative Contribution sinception To the Central Govt. : Rs 4755. 85 crore To the State Govt. : Rs 1133. 27 crore

CORPORATE RECOGNITIONS § A Super Star Trading House § Registered with London Metal Exchange § All Production Units ISO 9002 & ISO 14001 Certified § A Mini Ratna PSU

AWARDS & ACCOLADES § § § § 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

2 nd PHASE EXPANSION Proposal for further expansion of production capacities is under consideration of Govt. of India UNIT Bauxite Mines Alumina Refinery Aluminium Smelter Power Plant EXPANSION TO 63, 000 tonnes 21, 000 tonnes 4, 60, 000 tonnes 1200 MW COST(in Rs) 72. 27 crore 1258. 02 crore 1609. 41 crore 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. Nalco envisages § Further expansion of alumina and aluminium production capacities § Tolling of alumina for production of metal in energysurplus 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

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