Vedanta Smelts Record Of 549k Tonnes Of Primary Aluminium In Latest Quarter
Indian aluminium and metals producer Vedanta Limited released results for the quarter ending on 30 June this week. The subsidiary...
Vedanta Resources plc
Vedanta Aluminium Listed In Dow Jones Sustainability Index 2021 Top Ten
Indian aluminium giant Vedanta Aluminium was included in the Dow Jones Sustainability Index (DJSI) Top 10 for 2021, landing at the fourth spot overall. The Dow Jones Sustainability Index measures top global companies across several benchmarks measuring economic, environmental, and social criteria....
Vedanta Plans US$300 MM In Capital Expenditures In Current Fiscal Year
India’s premier aluminium smelter Vedanta Ltd. plans to spend US$300 million during the current fiscal year. This is according to...
Vedanta Plans Capacity Increase To 1.8 Million MTPA At Lanjigarh Alumina Refinery In Coming Fiscal Year
Indian aluminium producer Vedanta said last week it expects to ramp up production at its Lanjigarh alumina refinery by 300...
Events
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 to trim 8 percent from the cost of refining alumina at the Lanjigarh […]
Vedanta’s Jharusguda Plant Has Its Sights Set On Captive Bauxite And Coal Resources: Incoming CEO Singh
In order to remain among the world’s cheapest producer of aluminium, Vedanta Ltd. is working toward having its own captive bauxite and coal mines. Such was the message conveyed by the Jharusguda plant’s incoming Chief Executive Officer Chhavi Nath Singh to domestic media late last week. “We are still importing 40% of our bauxite requirement […]
Vedanta To Open India’s First Primary Foundry Alloy For Aluminium Alloy Wheels
Indian aluminium smelter Vedanta Ltd. announced last week the launch of its Primary Foundry Alloy (PFA) which it will utilize to produce aluminium alloy for India’s automotive sector. Making the announcement at last week’s 59th Society of Indian Automobile Manufacturers (SIAM) Annual Convention 2019, Vedanta’s dedicated 240 thousand metric ton per annum aluminium alloy foundry […]
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 block up for online auction to date. According to experts, state officials have thus far backed away from auctioning the blocks over concerns that the bauxite ore outcroppings will not draw the sort of significant […]
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 position for aluminium production among India’s smelters, bumping previous leader Hindalco out of the prime spot. Vedanta’s overall production grew by 17 percent on the year, besting its previous total of 1.67 million metric tons. […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
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 ...
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 ...
