PRODUCTION OF ALUMINIUM

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LOK SABHA

The total production of aluminium during the year 2002-03 was 6,89,041 MT and stock as on 31.3.2003 was 15,023 MT. Except Madras Aluminium Company Limited (MALCO) which has reported likelihood of marginal increase in the stock, all other primary producers do not anticipate increase in their stocks during current financial year.

Aluminium Sector is decontrolled and the aluminium and its products have been placed under Open General Licence (OGL) category, and, hence freely tradable.

This information was given by Shri Ramesh Bais, Minister of State in the Ministry of Mines in a written reply to the question of Shri Ananta Nayak in Lok Sabha today.