Hindalco
Hindalco, Vedanta & NALCO shares fall as EGA restarts Al Taweelah smelter; aluminium prices forcast at $2,800/t in CY27
Indian aluminium stocks are under pressure as the restart of Emirates Global Aluminium’s (EGA) Al Taweelah smelter adds to concerns about global supply, while Axis Capital forecasts a market surplus in calendar year 2027 (CY27). Shares of Hindalco Industries, Vedanta Aluminium Metal and National Aluminium Company (NALCO) declined amid a weaker outlook for aluminium prices. Aluminium has retreated from its 2026 high of around USD 3,800 per tonne to approximately USD 3,020 per tonne. Axis Capital expects prices to fall further to USD 2,800 per tonne in CY27, as recovering production and rising Chinese exports weigh on the market. EGA restarts half of Al Taweelah smelter EGA has restarted 631 of the 1,262 reduction cells at its Al Taweelah smelter, with full production targeted for the first...
Hindalco partners with Vi Business to deploy a private network at an Odisha bauxite mine
Hindalco Industries has partnered with Vi Business to establish its first dedicated private network at the Baphlimali bauxite mine in Odisha, supporting safer mining, real-time monitoring and Industry 4.0 operations. Hindalco Industries Ltd has partnered with Vi Business, the enterprise arm of Vodafone Idea (Vi), to deploy a dedicated private network at its Baphlimali bauxite mine in Rayagada district, Odisha. Announced on October 8, 2026, the multi-year managed services agreement marks Hindalco’s first private network implementation and forms part of its broader digital transformation strategy. The network will cover the complete private network infrastructure, including spectrum, core network, radio access network (RAN) and managed services. It is expected to provide secure, reliable...
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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Hindalco’s digital alumina tender tests a new route to price discovery
With only 10 per cent of globally traded alumina changing hands on the spot market, Hindalco is moving its tenders online in an effort to strengthen the evidence behind benchmark prices. For a commodity market where a relatively small number of transactions can influence prices across a much larger pool of long-term contracts, the quality of the underlying data matters. That is the challenge facing alumina, and Hindalco is now testing whether digital trading infrastructure can help address it. Hindalco is expected to conduct its first digital tender for metallurgical-grade alumina on Metalshub before the end of 2026. The physical cargo sold through the tender may be only part of the significance of the transaction. The more important outcome could be the structured market data generated...
Hindalco ends $125 million AluChem deal after prolonged closing delays
Hindalco Industries has terminated its proposed USD 125 million acquisition of US-based speciality alumina producer AluChem Companies after extended delays in closing the transaction. The decision ends a deal announced in June 2025, although Hindalco says its speciality alumina expansion strategy remains firmly in place. Hindalco Industries has called off its proposed acquisition of AluChem Companies Inc., bringing an end to its planned USD 125 million entry into the US-based speciality alumina producer. The Aditya Birla Group's metals flagship and AluChem have jointly decided to terminate the Equity Purchase Agreement (EPA) following prolonged delays in completing the transaction. According to Hindalco's regulatory filing, the delays were beyond the control of either party. "The proposed...
Hindalco moves alumina tenders to Metalshub in push for greater price transparency
Hindalco Industries is moving to structured digital tenders for spot sales of metallurgical-grade alumina in a bid to improve transparency, broaden market participation and strengthen price discovery in the global alumina market. The company is partnering with Metalshub for the initiative through its subsidiary Utkal Alumina International. The move comes as the alumina market continues to lack the transparent, transaction-based pricing mechanism available for aluminium. Hindalco said only around 10 per cent of the 55–60 million tonnes of alumina traded globally each year in the third-party market is sold through spot transactions, even though those sales can influence benchmark prices for a much larger volume of long-term contracts. Hindalco moves alumina spot sales to digital bidding...
AL Circle Analysis: Bauxite developments, alumina trade & primary aluminium market dynamics across Australia, Guinea, US & India
The aluminium industry is entering another phase of supply-chain repositioning. Across bauxite, alumina and primary aluminium, companies are investing in new resources, consolidating strategic assets and expanding processing capacity, while governments are increasingly treating domestic supply as a strategic priority. The latest developments from Australia, Guyana, Guinea, Indonesia, the US and India point to a market where resource security, processing location and control over supply chains are becoming as important as production growth. At the same time, new trading mechanisms and changing investment patterns are beginning to influence how aluminium and its raw materials reach the market. Bauxite supply expands, but securing the right tonnes is becoming harder In Western Australia, VBX...
ASI certifies Hindalco Industries Limited, Muri Works against Performance Standard V3.1
Hindalco Industries Limited, Muri Works has achieved ASI Performance Standard V3.1 (2023) for alumina refining activities at the Hindalco Industries Ltd Muri Works facility, located in Muri, Jaharkland District India. Aluminium Stewardship Initiative (ASI) today announced that Hindalco Industries Limited, Muri Works (India’s first Alumina Refinery, established in 1948) has been certified against the ASI Performance Standard V3.1 (2023). The major manufacturing processes undertaken at the Entity includes crushing, grinding, digestion, clarification, precipitation and calcination. The current alumina refining rated capacity is 450 kilotonnes per annum. The ASI Certification program was developed through an extensive multi-stakeholder consultation process and is the only comprehensive...
Hindalco’s Hirakud and Aditya Aluminium bag Odisha pollution control awards
Hindalco Industries, the metals flagship of the Aditya Birla Group, has made a record in environmental upkeep and performance. It has received two 2026 pollution control awards from the State Pollution Control Board (SPCB), Odisha), recognising the company’s pollution control measures, environmental management and responsible industrial practices at its Odisha operations. Hindalco’s Hirakud Smelter & Power received the “Pollution Control Appreciation Award 2026” in the Industry Category, and Aditya Aluminium secured the “MK Rout Pollution Control Excellence Award 2026” in the Industrial Township Category. Join the fourth edition of the webinar "Hedging for recyclers - Become an expert in 6 hours" by Jorge Dyszel. The Pollution Control Appreciation Award 2026 recognised Hirakud Smelter &...
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