Hindalco declines 10% as Novelis downgrades Bay Minette project returns to #39;double digits’

Novelis said its Bay Minette project sees a 65% increase in total capital cost and a one-year delay. Novelis has revised the project cost to $4.1 billion, expecting commissioning by end-CY2026E or 2HFY27E.

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​ Novelis said its Bay Minette project sees a 65% increase in total capital cost and a one-year delay. Novelis has revised the project cost to $4.1 billion, expecting commissioning by end-CY2026E or 2HFY27E. Novelis said its Bay Minette project sees a 65% increase in total capital cost and a one-year delay. Novelis has revised the project cost to $4.1 billion, expecting commissioning by end-CY2026E or 2HFY27E.  Moneycontrol Latest News Read More