Hindalco MoU with Ultratech Cement
Hindalco Industries, a global leader in aluminium and copper, signed an MoU with UltraTech Cement to deliver 1.2 million metric tonne of bauxite residue annually to the cement company''s 14 plants located across seven states. "Hindalco...is going to find value from this bauxite residue waste. So this announcement is about 1.2 million tonnes of bauxite residue which is going to one company UltraTech Cement which is India's largest cement producer," Hindalco's MD Satish Pai said. Hindalco is supplying red mud to UltraTech Cement plants, successfully replacing up to 3% of clinker raw mix volume. In the current year, Hindalco aims to achieve 2.5 million metric tonnes of bauxite residue utilisation. To find a sustainable solution, Hindalco has invested in infrastructure and collaborated with cement companies, with UltraTech Cement being a key partner, the statement said. The MoU represents a significant sustainability initiative for both Hindalco and UltraTech. Waste of one industry being used as an input material in another is more than an example of a circular economy, it exemplifies Hindalco’s sustainability-first approach to business, the statement said.
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