Section

Hindalco to spend $4-5 bn on upstream expansion

By Economic Times - 2 weeks ago
Hindalco Industries plans to invest $4-$5 billion over three years to expand its aluminum and copper production facilities. The company reported a 78% jump in net profit for the September quarter, reaching ₹3,909 crore, driven by strong performance in its India business. This includes the construction of a new aluminium smelter, alumina refinery, copper smelter, and a copper recycling plant.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.