Hindalco Industries reports incident at alumina plant in Jhark | MONTHLY DOUBLE. FUTURE OPTIONS TIPS & PORTFOLIO MANAGEMENT

Hindalco Industries reports incident at alumina plant in Jharkhand
The incident involved a spillage in the red mud cake storage area
Hindalco Industries has reported an incident in the red mud (bauxite residue) storage area connected to the alumina plant situated at Muri in the state of Jharkhand, on April 09, 2019. The incident involved a spillage in the red mud cake storage area.

As a precautionary measure, operations have been temporarily suspended to assess the situation. Preliminary investigations indicate no material impact on the surrounding environment or to property. Efforts are ongoing to clear the spillage. This incident is not expected to have any material impact on the company's performance.

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.