Hindalco Industries Stock

Hindalco Industries Limited engages in the production and sale of aluminium and copper in India and internationally.

Segments

The company operates in three segments, including Aluminium, Copper, and Others.

Aluminium

The Aluminium segment engages in the production of alumina, aluminium metal, and aluminium metal products, such as aluminium ingots, billets, wire rods, flat rolled products, foils, and extrusions. The company's aluminium units across India encompass various operations, from bauxite mining, alumina refining, aluminium smelting to downstream rolling, extrusions, foils, alloy wheels, and recycling.

Copper

The Copper segment engages in the smelting of copper and the production of continuous cast copper rods, copper cathodes, sulphuric acid, dap and complexes, gold, and silver.

Others

The Others segment engages in the production of caustic soda and provides cellular services.

Joint Ventures

The company has a joint venture agreement with Mahanadi Coalfields Limited (MCL, a subsidiary company of Coal India Limited) and Neyveli Lignite Corporation Limited (NLCL) and has formed MNH Shakti Limited for mining of coal. In addition, the company along with its partners, Dubai and Hydromine, is developing an alumina project through a joint venture company, Hydromine Global Minerals GMBH Limited.

History

Hindalco Industries Limited was founded in 1958.