Hindalco to Invest $5.4 Billion Across Aluminium, Copper, and Specialty Alumina Businesses

Hindalco Industries plans to invest Rs 45,000 crore (USD 5.4 billion) over the next three years to strengthen its operations in aluminium, copper, and specialty alumina, with a focus on upstream capabilities and high-precision engineered products, according to Aditya Birla Group Chairman Kumar Mangalam Birla.

Speaking at the launch of Hindalco’s new brand identity, Birla highlighted the company’s global scale, with 52 manufacturing facilities across 10 countries. In aluminium smelting, Hindalco is developing a 100 MW renewable energy solution that integrates wind, solar, and pumped hydro storage. The company currently generates 200 MW of renewable energy and plans to scale that up to 350 MW.

Novelis, a Hindalco subsidiary, is the world’s largest producer of flat-rolled aluminium products with a capacity of 4.2 million tonnes. It recycles around 82 billion beverage cans annually.

In copper, Hindalco is now the second-largest producer of copper rods outside China and is expected to exceed one million tonnes of refined copper output. The company has also significantly scaled its alumina production, growing from 3,000 tonnes to 3.7 million tonnes.

Additionally, Hindalco is expanding into renewable energy and electronic waste recycling. Birla Copper, its copper division, is establishing India’s first e-waste recycling plant aimed at recovering metals from discarded electronic devices.