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Novelis

Produces flat-rolled aluminum; recycles aluminum globally

Overview

Novelis produces flat-rolled aluminum products and is the world’s largest aluminum recycler. It creates aluminum sheets and plates for aerospace, beverage cans, automotive, and high-end markets through an integrated network of rolling mills and recycling facilities worldwide, using scrap and primary material to make consistent, high-quality products. It differentiates itself by its global scale and the integration of rolling and recycling across multiple regions, plus a strong focus on health, safety, and community partnerships. Its goal is to be the leading global provider of flat-rolled aluminum and aluminum recycling solutions, delivering reliable, sustainable products worldwide.

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About Novelis

Simplify's Rating
Why Novelis is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Company Size

5,001-10,000

Company Stage

Debt Financing

Total Funding

$2.2B

Headquarters

Zurich, Switzerland

Founded

2005

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What believers are saying

  • Q1 FY2027 adjusted EBITDA rose 24% to $516 million, despite lower shipments.
  • Oswego restarted in June 2026, restoring shipments and insurance recoveries.
  • Bay Minette commissioning started; Novelis targets commercial shipments in Q1 FY2028.

What critics are saying

  • September 2026 Kingston layoffs cut 80 jobs after 50% U.S. Section 232 tariffs.
  • Oswego fires and Bay Minette spending drove $1.1 billion free-cash-flow outflow in Q1 FY2027.
  • Leverage stays 4.5x, and a failed Bay Minette ramp traps Novelis in deleveraging purgatory.

What makes Novelis unique

  • Novelis and Maxion launched InVolt in September 2026, cutting battery-housing weight 35%.
  • Novelis supplies rolled aluminum and custom alloys for high-spec automotive programs.
  • Bay Minette gives Novelis 600,000-ton low-carbon recycling capacity, expanding captive supply.

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Funding

Total Funding

$2.2B

Above

Industry Average

Funded Over

5 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Health Savings Account/Flexible Spending Account
  • 401(k) Company Match
  • Parental Leave
  • Adoption Assistance
  • Family Planning Benefits
  • Fertility Treatment Support
  • Childcare Support
  • Pet Insurance
  • Wellness Program

Growth & Insights and Company News

6 month growth

0%

1 year growth

0%

2 year growth

0%
PR Newswire
Oct 30th, 2026
Novelis to report Q2 fiscal 2027 earnings on November 5, after $18.4B in annual sales

Novelis Inc. will report its second quarter fiscal year 2027 earnings on Thursday, November 5, 2026. Chief executive officer Steve Fisher and chief financial officer Dev Ahuja will discuss the results on a live investor call at 7:00 EST (17:30 IST) the same day. The call will be webcast on the Novelis investor website, where a replay will be available afterwards. Novelis, a subsidiary of Hindalco Industries Limited, is the world's largest recycler of aluminium. It had net sales of $18.4 billion in fiscal year 2026.

Money Compass
Oct 15th, 2026
Novelis Zhenjiang named Airbus Quality Champion.

Novelis Zhenjiang named Airbus Quality Champion. Industry-leading quality and delivery performance recognized by Airbus; facility also achieves Aero Excellence Bronze status SHANGHAI, Oct. 15, 2026 /PRNewswire/ - Novelis Inc., a leading sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, today announced that its Zhenjiang plant in China received Airbus' Quality Champion award at the 2026 Airbus Supplier Conference in Toulouse, France. Novelis was the only materials company selected for the award among thousands of Airbus suppliers worldwide. The recognition highlights the Zhenjiang plant's consistently outstanding performance in quality and delivery. "Delivering the quality and reliability our aerospace customers expect requires consistency in how we operate every day," said Johan Petry, Vice President, Sales & Marketing, Global Aerospace, Novelis. "That's where the Novelis Operating System makes a difference, giving our teams a disciplined way to continuously improve how we work and serve our customers. Zhenjiang's recognition by Airbus demonstrates what that focus can achieve." Novelis' Zhenjiang plant also recently achieved Bronze status in the Aero Excellence Initiative. Supported by major aerospace OEMs, Aero Excellence is a global improvement and certification program that assesses industrial maturity and supply chain performance across the aerospace industry. Bronze status confirms that the Zhenjiang facility meets industry-recognized standards for operational excellence, environmental stewardship and secure digital infrastructure. Novelis' sister plant in Koblenz, Germany, also achieved Bronze status in February 2026, further demonstrating the company's commitment to continuous improvement across its global aerospace manufacturing network. Together, these recognitions reinforce Novelis' position as a trusted partner to the global aerospace industry. By combining world-class quality, operational excellence and sustainable manufacturing, Novelis continues to help aerospace customers meet the industry's most demanding performance standards while enabling a stronger and more resilient supply chain. About Novelis Novelis Inc. is driven by its purpose of shaping a sustainable world together. Money Compass is a global leader in the production of innovative aluminum products and solutions and the world's largest recycler of aluminum. Its ambition is to be the leading provider of low-carbon, sustainable aluminum solutions and to achieve a fully circular economy by partnering with its suppliers, as well as its customers in the aerospace, automotive, beverage can and specialties industries throughout North America, Europe, Asia and South America. Novelis had net sales of $18.4 billion in fiscal year 2026. Novelis is a subsidiary of Hindalco Industries Limited, an industry leader in aluminum and copper, and the metals flagship company of the Aditya Birla Group, a multinational conglomerate based in Mumbai. For more information, visit novelis.com. SOURCE Novelis Inc.

Recycling Today
Oct 8th, 2026
Novelis produces first coil in Bay Minette, Alabama.

Novelis produces first coil in Bay Minette, Alabama. Novelis says all assets at Bay Minette needed to begin commercial shipments are being commissioned. Published October 08, 2026 Aluminum recycling and rolling company Novelis Inc. has produced the first coil on the cold mill at its $5 billion aluminum recycling and rolling plant in Bay Minette, Alabama. Novelis announced its intention to build a greenfield aluminum recycling and rolling mill in Bay Minette in mid-2022. At that time, the company said the project would cost $2.5 billion and would produce 600,000 metric tons of low-carbon finished aluminum goods annually. "Producing the first coil on the cold mill is an important step in commissioning Bay Minette and increasing the supply of rolled aluminum in the United States," says Novelis President and CEO Steve Fisher. "With the North American market being capacity constrained, this investment will help Novelis meet long-term market demand, strengthen our U.S. manufacturing footprint and increase the use of recycled content in our products." When fully operational, the Bay Minette facility's products will serve the beverage packaging, automotive and specialty product markets. The plant also includes a recycling center that will be able to process more than 15 billion used beverage cans annually. According to the company, all assets at Bay Minette that it needs to start commercial shipments are in the commissioning process. Novelis is working toward customer qualification and commercial shipments, which are on track to begin in the second quarter of 2027.

The Metal Packager
Oct 7th, 2026
Novelis produces new coil at Alabama plant.

Novelis produces new coil at Alabama plant. Novelis Inc has produced the first coil on the cold mill at its $5 billion aluminium recycling and rolling plant in Bay Minette. "Producing the first coil on the cold mill is an important step in commissioning Bay Minette and increasing the supply of rolled aluminium in the United States," said Steve Fisher, president and CEO of Novelis. "With the North American market being capacity constrained, this investment will help Novelis meet long-term market demand, strengthen our US manufacturing footprint and increase the use of recycled content in our products." Bay Minette is the first fully integrated aluminium recycling and rolling plant to be built in the United States in more than 40 years. When fully operational, the facility will add 600 kilotonnes of annual rolled aluminium capacity to serve beverage packaging, automotive and specialty product markets. The plant also includes a recycling centre that will be capable of processing more than 15 billion used beverage cans annually. All assets at Bay Minette required to commence commercial shipments are currently in the commissioning process. Novelis is working toward customer qualification and commercial shipments, which are on track to begin in the second quarter of 2027. The highly advanced facility is expected to create up to 1,000 new jobs once fully operational.

PR Newswire
Oct 7th, 2026
Novelis produces first coil at $5B Alabama aluminium rolling and recycling plant

Novelis has produced the first coil at its $5 billion aluminium recycling and rolling plant in Bay Minette, Alabama. The facility marks the first fully integrated aluminium recycling and rolling plant built in the United States in over 40 years. When fully operational, the plant will add 600 kilotonnes of annual rolled aluminium capacity, serving beverage packaging, automotive and speciality product markets. The recycling centre will process more than 15 billion used beverage cans annually. Novelis is working toward customer qualification and commercial shipments, expected to begin in the second quarter of 2027. The facility is projected to create up to 1,000 jobs once fully operational. The sustainable aluminium solutions provider reported net sales of $18.4 billion in fiscal year 2026.

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