BHUBANESWAR: Aluminium major Nalco has entered into an agreement with Chaleico of China to jointly undertake research and development initiatives in different sectors of interest.
The first projects to be taken up by these two companies include separation of iron concentrate from Red Mud and extraction of Gallium from Bayer Liquor.
“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 commercialised through a demonstration plant,” CMD, Nalco, Tapan Kumar Chand said.
The agreement was signed on Tuesday here by Executive Director (Business Development), Nalco, BK Satpathy, and General Manager, Chaleico, Guo Pu in presence of Chand.