Hindalco would use the $10 billion for the ongoing aluminium and copper expansion projects as well as new ones, such as Novelis' Bay Minnette project in the United States, he said.

Top Indian steelmakers and other companies of the metals and mining sector are likely to showcase a mixed performance in the ...

Hindalco Industries Limited, the Aditya Birla Group's flagship metals company, announced the second-quarter performance for FY2024, posting a consolidated net profit of INR 3,909 crore—a 78 per ...

operation and idled 80 workers there. Novelis is owned by India-based Hindalco Industries and is based in Atlanta, Georgia. Jamie Miller currently works in Paris, Kentucky.

The metals giant is going all in on scale and efficiency, with a $10 billion capex plan split between India and subsidiary Novelis Inc. over FY24-29. Hindalco Industries Ltd’s investor day made ...

Novelis, which has recycling operations across the world, recycles over 82 billion used beverage cans a year. In FY 2023-24, Hindalco delivered an outstanding financial and operational performance ...

Along with its subsidiary Novelis, headquartered in Atlanta, Hindalco is the global leader in flat-rolled products and the world’s largest recycler of aluminum. The company also claims to be India’s ...

Novelis announced Monday morning that it would be closing its operation in Fairmont on June 30.The following statement was released by the aluminum plant, where […] ...

In 2007, Hindalco created history in the Indian aluminium industry by acquiring Novelis Inc., a global leader in aluminium rolling and can recycling. In May 2007, Novelis became a subsidiary of ...

Vedanta took a harder hit, tumbling 8.45 per cent to INR 402.40 (USD 4.71), while Nalco slumped 7.38 per cent to INR 159.90 as the broader aluminium sector lost 4.48 per cent. Hindalco’s intraday low ...

A spokesperson for Novelis said consolidation of U.S. operations factored into the closure. The spokesperson added that 300 jobs are being created across North America and that Novelis will work ...

Novelis, a global leader in aluminum recycling and rolled product manufacturing, plays a critical role across a range of industries including automotive, aerospace, beverage packaging and ...