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Hindalco Industries terminates agreement to acquire AluChem’s alumina business
02-Oct-2026, 12:20

Hindalco Industries Limited and AluChem Companies, Inc. have jointly decided to terminate the Equity Purchase Agreement for AluChem’s specialty calcined and tabular alumina business, citing extended closure delays beyond the control of either party, according to a filing on October 1, 2026. Aditya Holdings LLC, a step-down wholly owned subsidiary of Hindalco Industries Limited, was initially intended to acquire AluChem. Hindalco stated that its strategy of scaling high-value, technology-led value-added products in its specialty alumina business remains unchanged and the company will continue to evaluate opportunities in the United States.