Hindalco Acquires EMMRL for Long-Term Coal Security

Hindalco Industries, the metals flagship of the Aditya Birla Group, has announced the acquisition of 100% equity in EMIL Mines and Mineral Resources Ltd (EMMRL) as part of a strategic initiative to secure a long-term coal supply for its aluminium smelting operations.

EMMRL holds the mining lease for the Bandha coal block in Madhya Pradesh, which contains an estimated 197 million tonnes of mineable coal and a projected mine life of 45 years. Located just 20 km from Hindalco’s Mahan power plant, the proximity allows for efficient coal transportation via rail, road, or conveyor systems, ensuring reliable fuel supply.

As EMMRL is a subsidiary of Essel Mining and Industries, the acquisition constitutes a related-party transaction. The deal was approved by Hindalco’s board on May 20, and completion is expected within six to nine months, subject to regulatory approvals. Notably, EMMRL has reported no turnover since 2020.

News by Rahul Yelligetti.