Hindalco Industries has entered into a Share Purchase agreement (SPA) with Terrabel Empreedimentos, a Brazilian firm to divest entire equity shareholding in Hindalco Do Brazil Industria Comercia de Alumina (HDB).
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.
