Aluminium
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Hindalco to invest Rs 800 crore in Odisha for battery foil unit
12 Dec 2023
Hindalco Industries, a company under the Aditya Birla Group, is to invest Rs 800 crore in expanding its manufacturing capacity of high-quality aluminium foil.
Vedanta engages in discussions to secure up to $2.5 billion for repayment to international bondholders
09 Nov 2023
Vedanta Resources Limited (VRL), a prominent diversified mining company headquartered in London, is in the final stages of devising a plan to raise up to $2.5 billion (approximately Rs 20,800 crore) to meet impending debt repayment deadlines.
Hindalco Q3 net profit slumps 63% to Rs1,362 cr
09 Feb 2023
Hindalco’s Q4 net profit jumps 100% to Rs3,850 crore
31 May 2022
Consolidated net profit of Hindalco vaulted nearly 300 per cent to Rs13,730 crore from Rs3,483 crore reported in the financial year 2020-21
Dubai claims a first with aluminium production using solar power
21 Jan 2021
UAE’s Emirates Global Aluminium on Monday said the state-owned aluminium manufacturer was already producing ‘CelestiAL' metal using power supplied by Dubai Electricity and Water Authority’s 1,013 MW Mohammed bin Rashid Al Maktoum Solar Park south of Dubai
Hindalco tapping bank funds to finance acquision of Aleris Corp
14 Feb 2019
The acquisition of Aleris will provide Hindalco access to high-growth sectors, including automotive and transportation, and help enter the aerospace and defence sectors
Hindalco arm Novelis to acquire Aleris for $2.58 bn
27 Jul 2018
With the acquisition of Aleris, Novelis enters the high-end aerospace segment, with technological capabilities in manufacturing and considerable R&D infrastructure
Trump authorises tariffs on steel, aluminium imports
09 Mar 2018
The United States is the largest steel importer in the world and the order could hit South Korea, China, Japan, Germany, Turkey and Brazil the hardest
Nalco third quarter net rises 500% to Rs722 cr
12 Feb 2018
US slaps import duties of up to 81% on Chinese aluminum foil
09 Aug 2017
The US Commerce Department is also investigating into whether aluminum shipped in from foreign countries hurts US national security
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