Expected Tepid Response Delays Odisha’s Auction Of Bauxite Blocks
Despite residing above over half the country’s total known bauxite reserves, the Odisha government has yet to place a single...
Odisha Mining Corporation
Alumina Production Costs Fall While Refining Rates Rise In Vedanta’s Third Quarter
According to numbers for the just-ended quarter, metals miner Vedanta refined more alumina at a lower cost than previous quarters thanks to an increased reliance on domestic bauxite sources. In a presentation to investors earlier this week, Vedanta said it was able...
Vedanta Pushes Alumina Production Cost To Record Low In Previous Quarter
Indian metals miner Vedanta Ltd produced alumina at the lowest cost in two years during the prior quarter, with the...
Vedanta Produced 1.95 Million Metric Tons Of Primary Aluminium In FY ‘19
With an aluminium output of 1.95 million metric tons in the previous fiscal year, Vedanta Ltd. moved into the pole...
Events
Analysts Predict Strong Year Ahead For India’s Bauxite Production
Though pressures from tightening environmental regulation and push-back from certain local tribal entities may work to slow it, analysts expect India’s bauxite sector to continue to grow by leaps and bounds in the months and years ahead. In a report released earlier this week by Fitch Ratings Inc.’s analyst branch Fitch Solutions Macro Research, the […]
Vedanta Ltd. To Invest Up To US$300 Million On Lanjigarh Alumina Refinery Ramp Up
In preparation of the ramp-up of its Lanjigarh alumina refinery, Indian metals titan Vedanta Ltd plans between US$250 million and US$300 million of capital expenditures in the next fiscal year. Per domestic reporting, the firm intends to recover the capex spent next fiscal year, which begins on April 1, over the course of the following […]
Vedanta Plans Sixfold Increase Of Alumina Production At Lanjigarh Refinery By Spring 2020
India’s metals conglomerate Vedanta Ltd. announced late last week its intention to bump up alumina production from its refinery in Lanjigarh from its current total of 1 million metric tons per annum to a yearly run of 6 million metric tons now that its proposal for same has been approved by Odisha’s High-Level Clearance Authority […]
Vedanta’s Lanjigarh Alumina Refinery Receives First Bauxite Shipment From Kodingamali
Indian aluminium producer Vedanta Ltd. has received the long-awaited stream of bauxite ore from Odisha Mining Corporation (OMC), paving the way for its plans to complete its expansion of its alumina refinery at Lanjigarh. According to domestic media, Vedanta received the maiden bauxite shipment from OMC earlier this week. Vedanta Limited’s External affairs (Head) Sanjeev […]
Vedanta Firms Up Steady Local Bauxite Supply for Lanjigarh Refinery at OMC Auction
The results of Odisha Mining Corporation’s (OMC) first-ever bauxite auction were a boon for Vedanta, who finally secured a steady stream of affordable bauxite ore for its refinery at Lanjigarh. The deal is currently projected to have OMC providing 800 thousand metric tons of bauxite to Vedanta over the course of the current financial year […]
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
