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Alcan pulling out of Utkal project in India

Author: Andy Hoffman, Globe and Mail [Canada], Published on: 12 April 2007

Alcan Inc. is pulling out of a controversial project in India, suggesting plans for a bauxite mine and alumina refinery are too risky for the Montreal company, considering its lack of control over the venture...The Utkal project has been marred by conflict with local residents opposed to its construction, which would require the displacement of three villages and at least 200 families…Alcan's partner in the project, which is still in the engineering stage, is Hindalco…

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Related companies: Aditya Birla Group Alcan (now Rio Tinto Alcan) Hindalco (part of Aditya Birla Group)