AL Circle Analysis: From bauxite to trade, how supply risks are reshaping aluminium competitiveness
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’s 8.5Mt Baphlimali mine secures India’s first ASI certification
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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HINDALCO to shut Kalwa facility
...Livemint reported that Hindalco Industries Limited is shutting its 6,000 tonnes per annum aluminum foil manufacturing plant in Kalwa a suburb of Mumbai...
Hindalco Industries
...In the quarter ended Sep 2010, Hindalco Industries, largest Aluminum producer in India, reported a below market expectation growth of 26% in net profit to Rs. 433.81 crore on account of lower copper TcRc, rupee appreciation, cost increases, reduced metal volumes on disruption in production at...
Hindalco announces Q2 FY2010-11 results
...Hindalco Industries Limited's performance for the Q2 has been significantly better than that in the comparable quarter of the previous year...
Explosion causes chemical leak at Hindalco; 2 dead Read more: Explosion causes chemical leak at Hindalco; 2 dead - The Times of India http://timesofindia.indiatimes.com/city/varanasi/Explosion-causes-chemical-leak-at-Hindalco-2-dead/articleshow/6810990.cms#ixzz13SvAndE7
...At least two labourers were killed, while four others sustained serious injuries, when the safety valve of an Alumina Digestion Plant exploded in Hindalco premises in Renukoot area under Pipari police station in Sonbhadra district on Monday...
Will Hindalco benefit from aluminium production cuts in China?
...Reports of production cuts in aluminium in China may tempt investors into thinking that aluminium prices are set for a rise again and that Hindalco might make a good bet at this level. This may not be the case...
Hidalco stock on the roll
...The stock of Hindalco has been on a roll in the last three months, driven by recovery in aluminium prices and strong performance at Novelis, its US subsidiary. Analysts expect the stock to continue the strong performance in the medium term, driven by new initiatives in the domestic market and...
Inside the Novelis turnaround
...It was steak for lunch. As the two Indians at the JW Marriott in Atlanta cut into it, they gave the American seated across the table something to chew on. “We would like to buy Novelis.” Debnarayan Bhattacharya, the managing director of Aditya Birla group flagship Hindalco Industries , which was...
Inside the Novelis turnaround
...It was steak for lunch. As the two Indians at the JW Marriott in Atlanta cut into it, they gave the American seated across the table something to chew on. “We would like to buy Novelis.” Debnarayan Bhattacharya, the managing director of Aditya Birla group flagship Hindalco Industries , which was...
Hindalco Industries Limited - SWOT Analysis - new market report and analysis released
...This Hindalco Industries Limited - SWOT Analysis company profile is the essential source for top-level company data and information. Hindalco Industries Limited - SWOT Analysis examines the company´s key business structure and operations, history and products, and provides summary analysis of...
India's Hindalco to start up Orissa alumina refinery Sep 2011
...India's Hindalco Industries expects to start up its new alumina refinery in the state of Orissa in September 2011, with commercial sales to begin from December, company sources said Tuesday...
Buying interest shifts to heavyweights
...Aluminium stocks are currently trading weak led by Hindalco. A leading business daily has reported that mid-sized aluminium player Ess Dee Aluminium is looking to enter the retail aluminium foils space to grow its revenues...
Cheaper aluminium is also expected to impact Indian smelters
...GLOBAL aluminium prices have recovered from their recent lows. But the recovery may be short-lived given the availability of low-cost aluminium from smelters in the West Asia. Cheaper aluminium is also expected to impact Indian smelters including Hindalco and Nalco...
Hindalco to walk tall on Birla's growth path
...An overwhelming majority of balance sheets of Indian companies, including not a few in the public sector, come as a big disappointment to the stakeholders...
Hindalco to walk tall on Birla's growth path
...An overwhelming majority of balance sheets of Indian companies, including not a few in the public sector, come as a big disappointment to the stakeholders...
Ess Dee set to take on Hindalco in household aluminium foils market
...Ess Dee Aluminium, which acquired India Foils from Sterlite Industries in 2008, is poised to mark its maiden entry into the retail market for household aluminium foils, pitching it against the industry leader Hindalco Industries...
UAIL's Rs 7,000 cr alumina plant to go on stream next year
...The Utkal Alumina International Limited (UAIL), a subsidiary of Hindalco Industries, hopes to start production from its 1.5 million tonne alumina refinery, being set up at a cost of Rs 7,000 crore near Kasipur in Orissa’s Rayagada district, in the second quarter of next year...
Hindalco plans INR 21000 crore CAPEX
...It is reported that Indian nonferrous metals firm Hindalco Industries plans capital expenditures of INR 21,000 crores...
Hindalco to spend Rs 40K cr on projects
...While the Vedanta group’s alumina/ bauxite project got stuck in environmental issues, the Aditya Birla group’s flagship company Hindalco Industries has earmarked a capital expenditure of Rs 40,000 crore between 2012 and 2014...
