Hindalco and Adani expand aluminium capacity amid price drop
pre-market1 source ↓written by the desknot a recommendation
- with an investment
- 3 million tons
- an investment
- ₹20,000 cr
- of aluminium metal
- 2 million tons
- investment
- ₹1.08 lakh cr
India's aluminium sector sees major investments as Hindalco Industries plans to triple its alumina refinery capacity to 3 million tons with an investment of ₹20,000 cr. Concurrently, Adani Enterprises initiates a project to produce 2 million tons of aluminium metal, backed by a ₹1.08 lakh cr investment. These expansions come amid concerns over market volatility and excess supply. 📉
Not investment advice. For informational purposes only.