Odisha Mining Corporation

Alumina Production Costs Fall While Refining Rates Rise In Vedanta’s Third Quarter

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...

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’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 […]