Hindalco projects that the Novelis plant fire will have a $550–650 million impact on free cash flow.
Hindalco Industries calculated that the September 16 incident at the Novelis factory in the United States had a negative free cash flow impact of $550–650 million. According to the company, the losses have an impact on adjusted EBITDA of between $100 and $150 million. Additionally, according to the Aditya Birla Group firm, Novelis would have…