Hindalco Industries Ltd is one of the leading producers of aluminium and copper. The company's aluminium units across the globe encompass the entire gamut of operations from bauxite mining alumina refining and aluminium smelting to downstream rolling extrusions foils along with captive power plants and coal mines. Their copper unit Birla Copper produces copper cathodes continuous cast copper rods and other by-products such as gold silver and DAP fertilisers. It is a company of the Aditya Birla GroupThe company's units are ISO 9001:2000 ISO 14001:2004 and OHSAS 18001 certified. Several units have gone a step further with an integrated management system (IMS) combining ISO 9001 ISO 14001 and OHSAS 18001 into one business excellence model. The company has been accorded the Star Trading House status in India. The company's aluminium metal is accepted for delivery under the High Grade Aluminium Contract on the London Metal Exchange (LME). Their copper quality standards are also internationally recognised and registered on the LME with Grade A accreditation. Hindalco Industries Ltd was incorporated in the year 1958. In the year 1962 the company commenced production with an initial capacity of 20000 mtpa of aluminium metal and 40000 mtpa of alumina at Renukoot (Uttar Pradesh). In the year 1965 they commissioned downstream capacities in Rolling and Extrusion Mills at Renukoot. In the year 1968 the company commissioned Renusagar Power Plant.In the year 1994 the company made a huge expansion modernisation and diversification programme in their working areas. In the year 1998 foil plant of the company came to existence at Silvassa. Also the company attained ISO 14001 EMS certification during the year. In the year 1999 the company commenced aluminium alloy wheels production at Silvassa. Also they expanded the metal capacity at Renukoot to 242000 tpa. In the year 2000 the company acquired the controlling stake in Indian Aluminium Company Ltd (Indal) with 74.6 per cent equity holding. The company entered 'The Asia Top 25' list of the CFO Asia Annual Report Survey the only Indian company in 2001. In the year 2002 the company commissioned the ninth potline at an outlay of Rs 1 800 crore. They made a major corporate restructuring to create a non-ferrous metals powerhouse. During the year Indo Gulf Corporation Ltd's copper business Birla Copper was amalgamated with the company with effect from April 1 2002. In the year 2003 the company through Aditya Birla Minerals Ltd (ABML) acquired Nifty Copper Mine. Also in November 2003 ABML acquired the Mt Gordon copper mines. The company divested 8.6% holding in Indo Gulf Fertilizers Ltd. Also they made brownfield expansion of aluminium smelter at Renukoot to 345000 tpa.In the year 2004 the company expanded the copper smelter to 250000 tpa. In the year 2005 all business of Indal expect for the Kollu Foil plant in Andhra Pradesh merged with the company. They commissioned copper III expansion taking total capacity to 500000 tpa. Also the company signed a MoU with state governments of Orissa and Jharkhand for setting up Greenfield alumina refining smelting and power plants.In the year 2006 the company made a joint venture with Almex USA for manufacture of high strength aluminium alloys. The company singed an MoU with government of Madhya Pradesh for a Greenfield aluminium smelter in Siddhi. In March 2006 the company acquired an aluminium rolling mill and wire rods facility situated at Mauda (Nagpur) from Asset Reconstruction Company (India) Ltd (ARCIL) belonging to Pennar Aluminium Company Ltd. In May 2006 the company entered into a joint venture with Essar Power (M.P.) Ltd to develop and operate mines at Mahan Madhya Pradesh. In 2007 Hindalco created history in the Indian aluminium industry by acquiring Novelis Inc. a global leader in aluminium rolling and can recycling. In May 2007 Novelis became a subsidiary of Hindalco with the completion of acquisition process. The company acquired Alcon's 45% equity stake in Utkal Alumina project makes the company the 100% project owner. In the year 2008 the company expanded the alumina at Muri.During the year 2009-10 the company completed the Muri Alumina Refinery from 110000 tpa to 450000 tpa. They completed the expansion Hirakud smelter from 143000 tpa to 155000 tpa. In October 5 2009 the company incorporated a wholly-owned subsidiary by the name Mauda Energy Ltd for generation of power to be used captively. During the year 2010-11 the company completed the Smelter expansion at Hirakud from 155 KTPA to 161 KTPA. In March 4 2011 the company dissolved the Indal Exports Ltd. Also A V Aluminium in Canada was merged with Novelis Inc.In 2011 Hindalco refinanced US$4 billion debt to finance its acquisition of Novelis to enable strategic flexibility for growth. Hindalco achieved financial closure of two projects through debt financing in 2011 viz. Utkal Alumina for Rs 4906 crore and Mahan aluminium for Rs 7875 crore.On 10 April 2012 Hindalco's US subsidiary Novelis Inc announced that it had signed an agreement with the Changzhou National Hi-Tech district to build the company's first automotive sheet manufacturing facility in China.On 17 September 2012 Hindalco Industries announced that it had achieved financial closure for its Rs 13195 crore greenfield aluminium smelter project at Lapanga in Odisha. Hindalco's Utkal Alumina Refinery became operational in 2013. The company also commissioned Hirakud Flat Rolled Products plant in 2013.On 11 August 2015 Hindalco Industries announced that credit rating agency CRISIL has downgraded Long-Term rating of the company's bank facilities and Non Convertible Debentures from AA/Negative to AA-/Stable.Hindalco's Mahan Aluminium and Aditya Aluminium smelters and Utkal refinery became operational in 2015. The company acquired the Gare Palma Coal mines in Chhattisgarh and the Kathautia and Dumri Coal mines in Jharkhand through auction in 2015.On 14 September 2016 Novelis Inc. announced the completion of the previously announced offering of $1.5 billion aggregate principal amount of 5.875% senior notes due 2026 by Novelis Corporation an indirect wholly-owned subsidiary of Novelis. Hindalco's greenfield projects - Mahan Aluminium Aditya Aluminium and Utkal Alumina ramped up to full capacity in 2016.Hindalco successfully raised USD 500 million through Qualified Institutional Placement (QIP) in March 2017. There was a strong participation from FIIs and long- only investors generating demand in excess of USD 1.5 billion (3x subscription). The QIP was priced at zero discount to the previous day's closing share price.Novelis entered into a joint venture agreement in May 2017 with Kobe Steel Japan to sell 50 per cent of its ownership interest in its Ulsan South Korea facility for USD 315 million. Located in the industrial hub of Korea Novelis' Ulsan facility focuses on the production of rolled aluminum sheet for a variety of markets in Asia. In FY 2017 Hindalco divested Aditya Birla Minerals Limited Australia for Rs 367 crore. With the new coal linkage in FY 2017 coal security improved to over 60 per cent of the annual requirement of Hindalco's domestic aluminium business. In FY 2017 Gare Palma IV/4 Coal Mines and Gare Palma IV/5 Coal Mines reached their peak capacity. The operations at Kathautia Mines commenced in February 2017.