NALCO scouts for mineral assets acquisition: report

The company had reportedly said that firm in Chile, it had identified a bauxite mine; in Namibia, a copper mine and in Indonesia, a coal block.

State-owned National Aluminium Company Ltd （Nalco） is exploring acquisition of mineral assets, particularly bauxite, copper, coal and uranium in various countries, including Chile, Namibia and Indonesia," according to a report.

The company had reportedly said that firm in Chile, it had identified a bauxite mine; in Namibia, a copper mine and in Indonesia, a coal block.

The company was in process of selecting advisers for such acquisitions, adds report.