Hindalco reports, company history, directors report, chairman’s speech, auditors report of hindalco – ndtv gas knife lamb


Hindalco Industries, 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 ($ 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.

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.

Novelis Inc – Novelis Inc. is the world’s leading aluminium rolled products producer based on shipment volume. The company produces an estimated 19 per cent of the world’s flat–rolled aluminium products and is the number one producer in Europe and South America, and the second largest in North America and Asia. In its 2009 fiscal year, the company shipped 2.9 million tonnes of aluminium products and reported net sales of approximately $10.2 billion.

Aditya Birla Minerals Ltd – Aditya Birla Minerals Ltd. is the largest pure copper company listed on the Australian Stock Exchange.Hindalco Industries Ltd owns 51 per cent of Aditya Birla Minerals Ltd (ABML), a company having 100 per cent holding in Birla Nifty Pty Limited and Birla Mt. Gordon Pty Limited located in Western Australia and Queensland, respectively. ABML, an S&P ASX 300 Index company, is the largest pure copper company listed on the Australian Stock Exchange.

Hindalco–Almex Aerospace Ltd – Hindalco–Almex Aerospace Limited (HAAL) is a joint venture between Hindalco Industries Limited and Almex USA Incorporated. The company manufactures high–strength aluminium alloys for applications in the aerospace, sporting goods and surface transport industries. Hindalco holds 70 per cent equity while the balance 30 per cent is held by Almex.