
The aluminium industry is entering a phase where supply security is being tested across the entire value chain. The latest developments show the pressure beginning with bauxite, moving through logistics and alumina, feeding into aluminium prices and producer earnings, and eventually reshaping...
Hindalco Industries’ Baphlimali bauxite mine in Odisha has become the first bauxite mining operation in India to secure certification under the Aluminium Stewardship Initiative’s (ASI) Performance Standard V3.1 (2023). The certification was awarded to Utkal Alumina International Limited (UAIL), a...
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<p>India's first ever metal industry share sale through qualified institutional placement (QIP) floated by Hindalco Industries generated overwhelming response in the market last week. Institutional investors lapped up the shares which went on to reinforce their confidence in the aluminium...

<p>India’s leading aluminium producer Hindalco Industries Ltd raised US$550 million over the last weekend through a major stock offering launched on Friday, March 3. The qualified institutional placement (QIP), the country’s first ever metal sector share sale using the vehicle, saw...

<p>Indian metal and coal stocks were up on March 2 after the news of China imposing cuts on steel, aluminium and coal production started circulating in the market. A drop in supply of these highly demanded commodities are expected to hike prices and improve valuations of companies in countries...

<p>Aditya Birla Group owned Hindalco Industries has planned big investment worth INR 500-700 crore on de-bottlenecking its Utkal alumina refinery project in Odisha's Rayagada district. The company has now applied for clearance up to 2.25 mtpa from 1.5 mtpa for its Utkal alumina...

<p>Hindalco Industries, an aluminium manufacturing company and subsidiary of the Aditya Birla Group, have decided to invest INR 1,000 crore in order to expand their downstream business in next term. The company took the decision to boost overall sales of aluminium and copper value added...

<p>Hindalco Industries reported a standalone net profit of INR 321 crore for Q3 2017. Although, aluminium revenues grew 19%, and alumina production reported an increase due to added output from Utkal Alumina International Ltd (UAIL). <br /><br /><img style="vertical-align: middle; display: block;...

<p>Hindalco Industries, the Aditya Birla flagship company reported a net income of INR 320.56 crore in Q3 2017 against a loss of INR 32.49 crore YOY, driven by strong operational performance and recovery in aluminium prices.</p> <p>Revenue during the quarter grew by 13.8% to INR 9,914.8 crore...

<p>Hindalco shares surged over 3 per cent to an intraday high of INR 192.25 on Wednesday after its US subsidiary Novelis reported strong earnings for the October to December quarter. Novelis contributes more than half of Hindalco's operating profit. Atlanta-based Novelis said its adjusted net...

<p>The last week has been marked by a quick gain in all the major indices (SENSEX & NIFTY) and Nifty Metal index outperforming the major indices by a good margin, recording gains of 6%.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...

The aluminium industry in India is on the verge of witnessing a major leap in consumption over the next five years. Major producers are adding significant capacities and investing in new technologies to add more value to their downstream product portfolios. This, they are doing, in order to cash in...

<p>There was no immediate threat of "serious injury" to the domestic aluminium industry from the shipments of aluminium products sailing in from China and countries in South East Asia and Middle East, said Directorate General of Safeguard, India, today in its final findings on 'safeguard...

<p>The demonetisation of INR500 and INR1000 currency notes announced by the Government of India on 8 November 2016, which put an end to the usage of all INR500 and INR1000 banknotes as a form of legal tender from 9 November 2016, had a limited effect on the business of big aluminium players in the...

<p>In a recent submission to the government, the domestic aluminium industry body has sought supportive measures in the next Union budget, including increase in basic customs duty on aluminium products from 7.5 per cent to 15 per cent to check rising imports and reduction of clean energy cess on...

<p>India's domestic aluminium producers have been long demanding for an import duty protection for aluminium to which the government has responded in the affirmative only very recently. Now, the likes of Vedanta Ltd., National aluminium Company (Nalco), and Hindalco have again come up with the...

<p>After consulting domestic aluminium manufacturers, state-run engineering consultant Mecon Ltd in a recent report submitted to the ministry of mines has recommended imposition of minimum import price (MIP) on primary aluminium to guard the industry against cheap imports. <br /><br />InfraCircle...

<p>Hindalco Industries Limited, an Aditya Birla Group of company announced its unaudited standalone results for the quarter ended September 30, 2016 on November 12. PBDT for this quarter doubled to INR 899 crore compared to INR 447 crore in Q2 FY16.</p> <p>The company registered a Revenues of INR...

<p>Hindalco Industries has announced the unaudited standalone results for the second quarter ended September 30, 2016. The company delivered robust operational performance in a challenging macroeconomic condition.<br /><br />During the second quarter, alumina production (including Utkal Alumina)...

<p>Shares of Hindalco Industries slipped on Tuesday amid reports that the company was planning to raise about $500 million through a share sale to reduce debt after a robust performance of the stock all through 2016.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto;...