Form: 8-K

Current report filing

June 13, 2006

EXHIBIT 99.1

Published on June 13, 2006

Exhibit 99.1

NOVELIS TECHNOLOGY ACHIEVES BREAKTHROUGH IN MULTI-ALLOY CASTING

NOVELIS FUSION(TM) TECHNOLOGY ENABLES FIRST COMMERCIAL PRODUCTION OF MULTI-ALLOY
ALUMINUM ROLLING INGOTS

ATLANTA, June 13 /PRNewswire-FirstCall/ -- Novelis Inc. (NYSE: NVL)
(TSX: NVL), the global leader in aluminum rolled products, today unveiled
Novelis Fusion(TM) technology, a new process that simultaneously casts multiple
alloy layers into a single aluminum rolling ingot. This marks the first time
that any company has achieved the commercial production of multi-alloy aluminum
ingots.

"This is a game-changing technology," said Brian Sturgell, president and
chief executive officer of Novelis. "Engineers have tried for decades to cast
multi-alloy ingots in a commercial environment. Novelis has now succeeded,
demonstrating our ability to achieve -- and commercialize -- significant
innovations that will enhance existing markets and permit development of new
markets."

Novelis Fusion technology produces a high quality ingot with a core of one
aluminum alloy, combined with one or more layers of different aluminum alloy(s).
The ingot can then be rolled into a sheet product with different properties on
the inside and the outside, allowing previously unattainable performance for
flat rolled products and creating opportunity for new, premium applications.

Conventional single-alloy products require customers to choose an alloy
based either on the required core properties such as strength, or the desired
surface characteristics such as corrosion-resistance. Novelis Fusion technology
can satisfy both needs in the same product.

"No longer will customers need to make trade-offs between core properties
and surface properties in their aluminum sheet products," said Sturgell. "Now
they can achieve the optimal combination of both. This technology positions
Novelis to provide even greater support to our customers' success by helping
them improve their current products and, more importantly, to develop a new
generation of products with superior performance."

Previously, multi-alloy aluminum sheet products were achievable only through
a low-tech, high-cost, manual ingot-cladding process and were limited to a small
range of alloys. The new Novelis Fusion technology produces a perfect
metallurgical bond between the alloy layers and permits alloy combinations never
before possible in aluminum rolling. Novelis has filed patents on this
technology in countries worldwide.

"Novelis Fusion technology adds a new level of flexibility on an industrial
scale," said Thomas W. Eagar, Sc.D., professor of materials engineering and
engineering systems at the Massachusetts Institute of Technology. "It is the
most significant breakthrough in aluminum solidification since the introduction
of direct chill casting in the 1930s."


The market potential for Novelis Fusion technology is with customers in
industries such as automotive, architectural, building and construction, durable
goods, electronics and transportation, to name a few. Examples of potential
applications include:

- Automotive sheet with both strength and improved formability to enable
new design options.
- Architectural applications with a superior surface finish and enhanced
strength.
- Household appliances with a variety of attractive finishes and better
dent resistance.
- Underground pipes with maximum corrosion resistance combined with high
strength.
- Rail cars with high load-carrying capacity and better wear resistance.
- Electronics cases that are highly durable and provide a high-tech
appearance.
- Boat hulls with enhanced corrosion resistance without compromising
strength.

Novelis Fusion entered into commercial production in March of this year at
the company's rolling mill in Oswego, N.Y. Initial production capacity is 70,000
metric tons per year. Novelis has successfully cast hundreds of ingots of more
than 50 different aluminum alloy combinations, and customer shipments of Novelis
Fusion sheet products are under way.

"We are in the process of transferring the Novelis Fusion technology to
production centers in both Europe and Asia," said Sturgell. "This is an
expandable technology, and we will grow our production capacity as demand
increases."

Novelis is the global leader in aluminum rolled products and aluminum can
recycling. The Company operates in 11 countries and employs more than 13,000
people. Novelis has the unrivaled capability to provide its customers with a
regional supply of technologically sophisticated rolled aluminum products
throughout Asia, Europe, North America and South America. Through its advanced
production capabilities, the Company supplies aluminum sheet and foil to the
automotive and transportation, beverage and food packaging, construction and
industrial, and printing markets. For more information, visit
http://www.novelis.com.

Statements made in this news release which describe Novelis' intentions,
expectations or predictions may be forward-looking statements within the meaning
of securities laws. Novelis cautions that, by their nature, forward-looking
statements involve risk and uncertainty and that Novelis' actual results could
differ materially from those expressed or implied in such statements. Important
factors which could cause such differences include, but are not limited to:
competitive factors, ability to consistently meet quality standards of Novelis
Fusion(TM) technology in a commercial environment, ability to achieve the
benefits described for multi-alloy sheet, ability to achieve market penetration
in potential industries, uncertainties of potential litigation, achieving
necessary patents on the Novelis Fusion technology, the Company's ability to
meet Novelis Fusion sales forecasts, the Company's economic ability to install
Novelis Fusion casting centers worldwide, the price of aluminum; global supply
and demand conditions for Novelis Fusion products; demand and pricing within the
principal markets for the Novelis Fusion products; changes in government
regulations, particularly those affecting environmental, health or safety
compliance associated with the Novelis Fusion; economic developments;
relationships with (and financial or operating conditions of) customers and
suppliers; competition from other aluminum rolled products producers as well as
from substitute materials such as steel, glass, plastic and composite materials;
the level of our indebtedness and ability to generate cash; and other factors
relating to the Company's ongoing operations. The financial information provided
in this news release was prepared by management and has not been audited.
Reference should be made to Novelis' registration statement on Form S-4 filed
with the Securities and Exchange Commission for a discussion of other major risk
factors.

SOURCE Novelis Inc.
-0- 06/13/2006
/NOTE TO EDITORS: Webcast: 11:00 - 11:30 a.m. EDT, Tuesday, June 13,
www.novelis.com/fusion
Audio only at: 1-866-297-6315 (Alternate: 1-847-944-7311) Code: 1486-8054
/CONTACT: Media, Charles Belbin, +1-404-814-4260, or
charles.belbin@novelis.com, or Investors, Holly K. Ash, +1-404-814-4212, or
holly.ash@novelis.com/
/First Call Analyst: /
/FCMN Contact: pat.persico@novelis.com /
/Web site: http://www.novelis.com/