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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Hindalco Industries, the flagship metal-driven business of the Aditya Birla Group, has reported a strong 60 per cent surge in its consolidated net profit for the December quarter (Q3 FY2025). The company's net profit reached INR 3,735 crore (USD 450 million), up from INR 2,331 crore (USD 279.72...
The US President’s surprise move to impose a 25 per cent tariff on all steel and aluminium imports has sent shockwaves across global markets. However, industry experts have reinstated their trust upon Hindalco’s 100 per cent subsidiary Novelis, confirming that it is well-equipped to weather this...
NALCO, one of India's leading mining and metals companies, raised the prices of its primary aluminium ingots (P1020, 99.7 per cent) by INR 6,700/t ($76/t) on February 7, 2025. Current prices are at INR 271,600/t ($3,141/t) compared to INR 264,900/t ($3,029/t) on January 24, 2025. Prices are...
Hindalco Industries, the metals flagship of the Aditya Birla Group, has launched EV bulkers at its Aditya Aluminium plant in Odisha to deliver one million tonnes of fly ash to the local cement industry over the next five years. In addition, the company has set up two EV recharge stations near the...
This week, the upstream segment of the global aluminium industry has been under the spotlight, with significant developments spanning from bauxite extraction to primary aluminium production. The focus intensifies as the European Union is considering the release of its 16th sanctions package against...
NALCO, one of India's leading mining and metals companies, raised prices of its primary aluminium ingots (P1020, 99.7 per cent) by INR 9,800/t ($113/t) on 14 Jan'25. Current prices are at INR 261,800/t ($3,023/t) compared to INR 252,000/t ($2,910/t) on 28 Dec'24. Prices are ex-works and exclude...
On Thursday, January 16, the three musketeers of the Indian aluminium industry - Vedanta Limited, National Aluminium Company (NALCO), and Hindalco Industries Limited saw a 2 to 3 per cent gain in their intraday stock prices. The contributing factor was the increased aluminium prices to $2,606 per...
Novelis, the global leader in aluminium rolling and recycling and a wholly owned subsidiary of Hindalco has released a preliminary financial report for the third quarter of FY2024-25, outlining its anticipated fiscal and operational performance for the three-month period. Novelis believes its...
Novelis Inc., a global leader in sustainable aluminium solutions and a subsidiary of Hindalco Industries, announced today (Thursday, January 9) that its indirectly wholly-owned subsidiary plans to raise $750 million through a bond issuance. The company intends to allocate the net proceeds from this...
Hindalco Industries Ltd., the Aditya Birla Group’s metals flagship, has achieved a significant milestone with the allocation of the Meenakshi Coal Mine in Odisha through a vesting order by the Ministry of Coal. This development follows the successful signing of the Coal Mine Development and...
In November 2024, the global aluminium industry continues demonstrating resilience and innovation amidst evolving market dynamics. The month has been marked by significant milestones, from groundbreaking advancements in sustainable production and recycling technologies to strategic investments...
Hind Aluminium, an Indian manufacturer of aluminium & alloy conductors and aluminium wire rods destined for a wide range of power transmission and distribution applications, has announced its September quarter (Q2) FY2024-25 results, announcing a surge in net sales and profit after a dip in the...
China’s decision to revoke tax rebates on aluminium has caused two opposite reactions in the global market. On the one hand, it has brought a frown to global downstream producers and end-user manufacturers in anticipation of a limited supply of metal and higher prices; on the other, it has brought...
Aluminium is a vital element of the global economy, and the growing demand for green metal underscores its enduring importance. Despite challenges and occasional disruptions, the market's need for sustainable aluminium continues to thrive. Significant developments have occurred in the upstream...
Hindalco Industries Limited, the Aditya Birla Group metals flagship and one of India's biggest aluminium manufacturing companies has announced the second quarter results for the fiscal year 2024-25, reporting a year-on-year hike of 7.45 per cent in revenue from operations. From INR 54,169 crore...
Hindalco Industries Limited, the Aditya Birla Group metals flagship, has emerged as the World's Most Sustainable Aluminium Company for the fifth consecutive year in the 2024 edition of the S&P Global Corporate Sustainability Assessment (CSA) rankings. Hindalco, the only Aluminium company to secure...
The aluminium industry is committed to curbing greenhouse gas emissions in alignment with global scientific targets and national policies. The International Aluminium Institute (IAI) has provided an update on the progress of its Aluminium Industry Greenhouse Gas Initiative, showcasing its member...
Hind Aluminium Industries, a manufacturer of aluminium & alloy conductors and aluminium wire rods, reached a 52-week high on October 18, 2024. The stock opened with a 2.19 per cent gain and touched an intraday high of INR 85.4, outperforming the sector by 2.44 per cent. The company’s shares have...
