Leading Norwegian aluminum producer Hydro has announced a significant investment in expanding its production facilities. The company will allocate 1.65 billion kroner (156.29 million dollars) to build a new plant at its Karmøy site in Norway, boosting its capacity to produce aluminum wire for power cables.

The Indian company Aditya Birla Group has announced plans to invest 450 billion rupees (approximately $5.2 billion) to expand its aluminum, copper, and specialty alumina production. This decision will significantly impact the strategy of its subsidiary, Hindalco Industries Ltd., which aims to venture into new markets in high-precision engineering and mining.

The Australian mining company South32 $S32.AX is strategically enhancing its assets in Western Australia after receiving federal government approval to extend the operation of its Worsley Alumina plant. This development underscores the plant's strategic significance for South32 and its confidence in the long-term demand for alumina.  

Indian mining giant Vedanta $VEDL has released its third-quarter results, surpassing market forecasts. The key drivers of this profit surge were the robust operational performances in its aluminum and zinc production segments.