satish pai

Hindalco Purchases Kuppam Aluminium Extrusion Plant From Norsk Hydro For US$33 MM

Hindalco Purchases Kuppam Aluminium Extrusion Plant From Norsk Hydro For US$33 MM

Norway aluminium producer Norsk Hydro ASA has agreed to sell its Kuppam extrusion plant to Hindalco for US$33 million according to announcements by both companies earlier this week. The firms say the deal is an asset sale that will incur no debt....

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Hindalco To Push Value-Added Aluminium Sales To 1 Million MTPA: Pai

Indian aluminium producer Hindalco expects to spend ₹26 billion (US$370 million) in capital expenditures over the course of the current year, most of which will be devoted to speeding expansion operations at its Utkal alumina refinery and as part of its five-year push to double its value-added production. Such was the message of Hindalco’s managing […]

Hindalco Considering Move Into Lithium Production

Indian aluminium firm Hindalco Industries is mulling entering the lithium market in a bid to enhance its aluminium business. Such is the news from domestic media earlier this week. Hindalco’s managing director Satish Pai told the media that the move lacks only an opportunity before becoming a reality. “Lithium is the closest to our (aluminium) […]

Century Signs Two-Year Power Deal With Santee Cooper To Power Mt. Holly Smelter

American aluminium smelter Century Aluminum announced the signing of a two-year power contract with the South Carolina Public Service Authority (Santee Cooper) for its Goose Creek smelter, assuring its operation through at least the close of 2020. Per the company’s press release, the contract mandates that the Mt. Holly smelter will continue to purchase one […]