India's Hindalco sees up to $650 million impact from fire at US unit

HindalCo Industries

05/11/2025 05:57

Nov 5 (Reuters) - Indian miner Hindalco HALC.NS said on Wednesday that the September fire at its aluminium recycling unit Novelis' New York plant will impact its cash flow for 2026 by $550 million-$650 million.

The hot mill at the plant is expected to restart by December end of this year followed by a 4-6 week of production ramp-up, the company added.

 (Reporting by Urvi Dugar in Bengaluru)

 ((UrviManoj.Dugar@thomsonreuters.com; +91 9558725583;))