Hindalco
Industries Limited, the metals flagship company
of the Aditya Birla Group, is an industry leader
in aluminium and copper. A metals powerhouse with
a consolidated turnover of Rs.600,128 million (US$
15 billion), Hindalco is the world's largest aluminium
rolling company and one of the biggest producers
of primary aluminium in Asia. Its copper smelter
is the world's largest custom smelter at a single
location.
Established in 1958, Hindalco commissioned its aluminium
facility at Renukoot in Eastern U.P. in 1962. Later
acquisitions and mergers, with Indal, Birla Copper
and the Nifty and Mt.Gordon copper mines in Australia,
strengthened the company's position in value-added
alumina, aluminium and copper products, with vertical
integration through access to captive copper concentrates.
In 2007, the acquisition of Novelis Inc. a world
leader in aluminium rolling and can recycling, marked
a significant milestone in the history of the aluminium
industry in India. With Novelis under its fold Hindalco
ranks among the global top five aluminium majors,
as an integrated producer with lowcost alumina and
aluminium facilities combined with high-end rolling
capabilities and a global footprint in 12 countries
outside India. Its combined turnover of US$ 15 billion,
places it in the Fortune 500 league.
Milestones
|
2007
|
Successful
acquisition of Novelis, making Hindalco the
largest in aluminium rolling and among the
global top five metals majors, with a presence
in 11 countries outside India.
Acquisition of Alcan's 45 per cent equity
stake in the Utkal Alumina project, thereby
making Hindalco the 100 per cent project owner. |
|
2006
|
Hindalco
announces 10:1 stock split. Each share with
face value of Rs. 10 per share split into
10 shares of Re 1 each.
Hindalco completes largest Rights issue in
the history of Indian capital markets with
total size of Rs. 22,266 million.
Equity offering and subsequent listing of
Aditya Birla Minerals Ltd. on Australian Stock
Exchange.
Signed an MoU with the Government of Madhya
Pradesh for a greenfield aluminium smelter
in the Siddhi district of the state.
Joint venture with Almex USA for manufacture
of high strength aluminium alloys for applications
in aerospace, sporting goods and surface transport
industries. |
|
2005
|
All businesses of Indal, except for the Kollur
Foil Plant in Andhra Pradesh, merged with
Hindalco Industries Limited.
MoUs signed with state governments of Orissa
and Jharkhand for setting up greenfield alumina
refining, smelting and power plants.
Commissioned Copper III expansion, taking
total capacity to 500,000 tpa. |
|
2004
|
Copper smelter expansion to 250,000 tpa. |
|
2003
|
Hindalco acquires Nifty Copper Mine in March
2003 through Aditya Birla Minerals Ltd. (ABML,
formerly Birla Minerals Resources Pty. Ltd.).
ABML acquires the Mount Gordon copper mines
in November 2003.
Equity stake in Indal increased to 96.5 per
cent through an open offer.
Brownfield expansion of aluminium smelter
at Renukoot to 345,000 tpa. |
|
2002
|
The
amalgamation of Indo Gulf Corporation Limited’s
copper business, Birla Copper, with Hindalco
with effect from 1st April 2002. |
|
2000
|
Acquisition
of controlling stake in Indian Aluminium Company
Limited (Indal) with 74.6 per cent equity
holding. |
|
1999
|
Aluminium
alloy wheels production commenced at Silvassa.
Brownfield expansion of metal capacity at
Renukoot to 242,000 tpa. |
|
1998
|
Foil
plant at Silvassa goes on stream.
Hindalco attains ISO 14001 EMS certification. |
|
1995
|
Mr.
Kumar Mangalam Birla takes over as Chairman
of Indal Board. |
|
1991
|
Beginning
of major expansion programme. |
|
1967
|
Commissioning
of Renusagar power plant – a strategic
and farsighted move. |
|
1965
|
Downstream
capacities commissioned (rolling and extrusion
mills at Renukoot) |
|
1962
|
Commencement
of production at Renukoot (Uttar Pradesh)
with an initial capacity of 20,000 mtpa of
aluminium metal and 40,000 mtpa of alumina. |
|
1958
|
Incorporation
of Hindalco Industries Limited. |
Hindalco's
businesses
Hindalco
in India enjoys a leadership position in aluminium
and copper. The company's aluminium units across
the country encompass the entire gamut of operations
from bauxite mining, alumina refining, aluminium
smelting to downstream rolling, extrusions, foils
and alloy wheels, along with captive
power plants and coal mines. The Birla Copper
unit produces copper cathodes, continuous cast
copper rods along with other by-products, including
gold, silver and DAP fertilisers. >>
Aluminium
Hindalco was among the first few alloy wheels
companies to have obtained the ISO/TS 16949 certification
to meet the stringent standard of the automobile
industry. In India, Hindalco enjoys a leadership
position in speciality aluminas, primary aluminium
and downstream products. Apart from being a dominant
player in the domestic market, Hindalco's products
are well accepted in international markets. Exports
account for more than 30 per cent of total sales.
Hindalco's
major products include standard and speciality
grade aluminas and hydrates, aluminium ingots,
billets, wire rods, flat rolled products, extrusions,
foil and alloy wheels >>
Copper
Birla Copper, a unit of Hindalco is located
at Dahej in Gujarat. The unit has the unique distinction
of being the largest copper smelter in the world
at a single location with 500,000 tpa capacity with
multiple world class technologies. The facilities
comprise copper smelters, precious metals, fertilisers,
sulfuric acid, captive power plants, utilities and
a captive jetty.
Hindalco's
Birla Copper is a renowned producer of copper
cathodes and continuous cast copper rods since
its inception, with ISO-9001:2000 (Quality Management
systems), ISO-14001:2004 (Environmental Management
System) OHSAS-18001:2007 (Occupational Health
and Safety Management Systems) accreditations.
>>
Mines
The
two copper mines in Australia were acquired in 2003.
Birla Nifty mine consists of an open-pit mine, heap
leach pads and a solvent extraction and electrowinning
(SXEW) processing plant, which produces copper cathode.
Birla Nifty's copper cathode capacity is 25,000
tpa. Open pit mining was completed in 2006. During
FY2008, Nifty produced 5,112 tonnes of copper cathode.
A copper sulphide deposit is located at the lower
levels of the Nifty open pit mine and an underground
mine and concentrator have been developed to mine
and process ore from this deposit. The Nifty Sulphide
Operation, commenced ore production from stoping
in December 2005 and concentrate production in March
2006. During FY2008, Nifty produced 53,397 tonnes
of copper in concentrate. >>
Production
capacities
|
Division
|
Capacity
and location
|
| Alumina |
700,000
tpa (Renukoot) |
| 350,000
tpa (Belgaum) |
| 180,000
tpa (Muri) |
| Aluminium |
375,000
tpa (Renukoot) |
| 143,000
tpa (Hirakud) |
| Extrusions |
33,000tpa
(Renukoot) |
| 13,000
tpa (Alupuram) |
| Flat
rolled products |
100,000
tpa (Renukoot) |
| 57,000
tpa (Belur) |
| 50,000
tpa (Taloja) |
| 30,000
tpa (Mouda) |
| Redraw
rods |
75,000
tpa (Renukoot) |
|
Foil and packing |
30,000
tpa (Silvassa) |
| 6,000
tpa (Kalwa) |
| 4,000
tpa (Kollur) |
| Wheels |
300,000
pcs (Silvassa) |
| Captive
power |
742
mw (Renusagar) |
| 78
mw (Renukoot) |
| 368
mw (Hirakud) |
| Copper
cathodes |
500,000
tpa (Dahej) |
| Continuous
cast copper rods |
120,000
tpa (Dahej) |
| Sulphuric
acid |
1,470,000
tpa (Dahej) |
| Phosphoric
acid |
180,000
tpa (Dahej) |
| DAP
and complexes |
400,000
tpa (Dahej) |
| Gold |
26
mt (Dahej) |
| Silver |
200
mt (Dahej) |
| Power |
135
mw (Dahej) |
|
