Hindalco to divest Brazilian alumina operation
Published: Monday, 19 September 2016
The development could reshape the Indian-based minerals and metal producer's supply of non-metallurgical alumina out of Latin America, which serves the chemicals, ceramics and refractory industry.
Indian aluminium group Hindalco Industries Ltd is looking to
divest its alumina operations in Brazil, comprising both
extraction and processing assets, sources at the company
confirmed to IM.
Owned by Indian conglomerate Aditya Birla Group, Hindalco
operates one mine and one processing plant in the...