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Hindalco to Set Up ₹8 Billion Battery Foil Manufacturing Facility in Odisha

The facility will manufacture aluminum foils used in lithium and sodium-ion batteries

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Aluminum manufacturer Hindalco Industries will set up a ₹8 billion (~$95 million) plant near Sambalpur in Odisha to exponentially increase its manufacturing capacity of aluminum foil used in rechargeable batteries for electric vehicles (EV) and energy storage systems.

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