HINDALCO ; NOVELIS SAYS OSWEGO HOT MILL RESTARTS OPERATIONS 🏭♻️

• 🔥 Novelis' Oswego (New York) hot mill, impacted by a fire incident earlier, has now resumed operations • 🚚 Novelis leveraged its global network of mills and finishing facilities during the outage to maintain customer supply • 📈 With the hot mill operational, the company is ramping up production and customer deliveries • ⚙️ Novelis is accelerating implementation of a standardized operating system to improve efficiency and reliability • 🌎 Oswego facility serves key end markets including aerospace, automotive, beverage can and specialty products • 🤝 Management expects the restart to strengthen supply continuity and support customers globally 🟢 Impact: Positive (Removes a major operational overhang at Novelis, restores production capacity and supports earnings recovery for Hindalco's downstream aluminium business.)

HINDALCO INDUSTRIES LTD

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