Epic Update : Hindalco Industries

Hindalco will receive $100 million in financing from Export Development Canada or EDC, the country’s export credit agency, for its Mahan Aluminium Project in Madhya Pradesh. The agreement, signed a few days ago, will support the supply of technology and capital equipment to the project by subsidiaries of Canada’s Rio Tinto Plc, operating under the umbrella of Aluminum Metals Group of Rio Tinto Plc.

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