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Hindalco Industries is investing Rs. 800 crore (~$96.4 million) to build a new aluminum foil plant near Sambalpur, Odisha, India, to produce battery foil for EVs and energy storage. The facility is scheduled for commissioning in July 2025.
“We are seeing a fast traction in battery materials demand, driven by an impressive outlook for the electric vehicle and grid storage sectors.”lightmetalage.com
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