Kumar Mangalam Birla

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Hindalco to Acquire U.S.-Based Alumina Maker 'Elkem' for $125 Million: Strategic Expansion into High-Tech Materials

2025-06-25 Niranjan Ghatule

Hindalco Industries is set to acquire US-based specialty alumina manufacturer Elkem for $125 million through its step-down subsidiary Aditya Holding. This strategic acquisition marks India's first entry into the premium alumina segment used in EVs, semiconductors, and ceramics.

Hindalco to Acquire U.S.-Based Alumina Maker 'Elkem' for $125 Million: Strategic Expansion into High-Tech Materials

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Hindalco to Acquire U.S.-Based Alumina Maker 'Elkem' for $125 Million: Strategic Expansion into High-Tech Materials

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