1981) is a Navratna group ‘A’ CPSE (central public sector ENTERPRISES) having integrated and diversified operations in mining, metal, and power under the Ministry of Mines, Government of India. Presently, the Government of India holds a 51.5% EQUITY in NALCO. NALCO is the first Public Sector Company in the country to venture into the international market in a big way with London Metal Exchange (LME) registration SINCE May 1989.NALCO has set up a joint venture with Ontario (Canada)-based Almex for the production of automotive-grade aluminium. The project, estimated at Rs 25 billion, came up at the downstream aluminium park at Angul (Odisha) in the vicinity of Nalco’s aluminium smelting unit.NALCO-ALMEX JV aimed at the production of auto-grade aluminium and also of special alloys that found applications in aerospace. In India, aluminium makes its way into barely 300 applications compared with over 3,000 applications worldwide.Hence, the correct answer is Canada.It is ONE of the largest integrated Bauxite-Alumina-Aluminium-Power Complex in the country encompassing bauxite mining, alumina refining, aluminium smelting and casting, power generation, rail and port operations.The company is the lowest-cost producer of metallurgical grade alumina in the World.NALCO is headquartered in Bhubaneswar, Odisha.NALCO operates from two major Units: 1. Mining and Refinery (M&R) complex- Bauxite mines located at Panchpatmali hills, Koraput and Alumina refinery located at Damanjodi, Odisha. 2. Smelter and Power (S&P) complex- Aluminium smelter located at Angul and Captive power plant located at Angul, Odisha.