MoneyWorks4Me

Hindalco Industries resumes production of Alumina at Muri refinery

24 Dec 2019 Evaluate

Hindalco Industries has re-started production of Alumina at Muri refinery in Jharkhand. The Plant had initiated the start-up process after receiving the Consent to Operate from the Jharkhand State Pollution Control Board (JSPCB). Going forward, the Company may not need to import Alumina.

Earlier, the company had suspended operations of the Alumina Plant of the Company situated at Muri, due to spillage in the red mud cake storage area.

Hindalco Industries is an industry leader 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.

Peers
Company Name CMP
Hindalco Industries 942.30
Vedanta 258.90
Hindustan Zinc 565.30
Jain Resource Recycl 292.60
CMR Green Tech 225.00
View more..