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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Novelis profit drops 65% in Q1
...Novelis Inc, the Canadian subsidiary of the country’s largest aluminium producer, Hindalco Industries, said its first-quarter net profit fell to $50 million, from $143 million in the year-ago period, due to mismatch in realisation of derivatives...
HLCA approves Vedanta, Hindalco capacity expansion
...The High Level Clearance Authority (HLCA) chaired by the state Chief Minister Naveen Patnaik, on Tuesday, cleared the capacity expansion plans of Vedanta Aluminium (VAL), Aditya Aluminium, Hindalco Industries and Ind-Barath Energy Utkal Ltd besides approving new investment proposals in power and...
Hindalco Industries' aluminium prop
...Hindalco Industries’ operating profit margins continued to improve in the quarter ended June, driven by its aluminum business, even as the copper segment suffered on account of high input costs and lower production...
Hindalco arm ties up Rs 4,906 cr debt for Orissa project
...Leading aluminium producer Hindalco today said its subsidiary Utkal Alumina has tied up Rs 4,906 crore debt from a group of banks for its refinery project in Orissa...
Hindalco secures 105bn loan for Utkal <em>alumina project</em> - Metal Bulletin
... Indias Hindalco Industries has secured almost 105 billion in loans for its 15 million tpy Utkal Alumina project in Orissa, the company said ...
Hindalco beats Street, outlook subdued
...Mumbai: India’s biggest aluminium producer Hindalco Industries Ltd beat Street estimates to post an 11% jump in profit to Rs534 crore for the June quarter, up from Rs481 crore a year ago...
Hindalco Profit Climbs 11% as Production, Prices Rise (Udpate2)
...Hindalco Industries Ltd., India's largest producer of aluminum, reported an 11 percent gain in first-quarter profit after metal prices and production rose...
Hindalco Raises Aluminium Prices by 7,500 Rupees/T
...Leading Indian aluminium maker Hindalco Industries (HALC.BO: Quote) is raising aluminium prices by 7,500 rupees ($163) per tonne effective immediately on higher world prices, Chief Financial Officer Sunirmal Talukdar told reporters...
India's Hindalco unit to set up <em>alumina</em> refinery | Reuters
... BO) said on Tuesday one of its units is setting up a 1.5 mtpa alumina refinery in the eastern state of Orissa. The project will feed the ...
D.H. Law helps world’s largest aluminium company protect its trademark
...The Bombay High Court has granted an ex-parte injunction restraining a local manufacturer from infringing Hindalco’s trademark ‘Freshwrap’ and copyright in respect of artistic works and acts of passing-off of their products, ‘Fresshpack’. ..
India Hindalco Says Bad Weather Hits Orissa Plant
... India's top aluminium maker, Hindalco Industries (HALC.BO: Quote) said on Tuesday its Hirakud aluminium smelter in eastern India was affected by bad weather and heavy rains, which is likely to reduce output by 20,000 tons this fiscal year...
Indian Aluminum Producers Up Product Prices By INR3,500/Ton
...India's top aluminum producers--Hindalco Industries Ltd. (500440.BY) and National Aluminium Co. Ltd. (532234.BY)--have raised their product prices by INR3,500 per metric ton due to strong overseas prices, senior company executives said Tuesday...
Hindalco's aluminium production to dip this fiscal
...Leading aluminium maker Hindalco Industries on Tuesday said production of the metal this fiscal will be 20,000 tonnes lower, as bad weather has affected operations of its Hirakud unit in Orissa....
Indian shares rise 1 pct; financials lead | Reuters
... equities so far in 2010, with primary market offerings absorbing a share. ... BO) firmed 1.6 percent while aluminium maker Hindalco (HALC. ... from " neutral" and raised price target to 155 rupees from 120 rupees. ...
Hindalco Industries good for long-term investment
...Hindalco Industries, a formidable player in non-ferrous segment, has seen its stock surging to a record high of Rs 184 in the first week of April 10. Since then,however, it has plunged by around 22% ..
Steel Guru : Hindalco Industries Q4 2010 result
... Hindalco and Nalco in focus as China raise alumina prices. 0blt1. Hindalco cuts 2010 copper refining fees for Freeport ...
Indian shares hit 25-month highs; outsourcers drop | Reuters
29 Mar 2010 ... a part of which was directed towards primary market issuance. ... Higher base metal prices pushed aluminium maker Hindalco (HALC. ...
India shares drop 1.6 pct, inflation concerns weigh | Reuters
Feb 4, 2010 ... "Domestic institutions which are otherwise active in the secondary market, they are keeping it ... BO) and aluminium maker Hindalco (HALC. ...
