Vedanta Resources plc

Vedanta Resources Posted Record Aluminium Production Total Last Quarter

Vedanta Resources Posted Record Aluminium Production Total Last Quarter

London-based Indian metals and mining firm Vedanta Resources plc released production totals for the second quarter and first half of FY 2018 on Tuesday, posting record production totals across several segments including that of aluminium. The firm produced a company-record total of...

A Rising Tide in the Global Aluminium Market Lifts Vedanta’s Boat in FY2017

London-based Indian metals and mining firm Vedanta Resources plc released full-year results for the fiscal year ending in March. The firm says its strong numbers reflect an ever-strengthening commodities market in addition to operational efficiencies. The firm’s revenue increased to US$11.5 billion year-on-year, which was 7% above last fiscal’s total of US$10.7 billion, largely on […]

Vedanta’s Agarwals to Launch Aluminium By-Product Recycling Firm

India’s Agarwal family is hard at work on another foray into the metals industry. Naivedya and Annanya are working on their second start-up in the sector dedicated to utilizing technology developed in Bahrain that converts waste aluminium into value-added products. The enterprise, which is named Runaya Refining LLP, will be led by the sons of […]

Vedanta Sets Aluminium Production Records in Fourth Quarter and Full Year of Fiscal 2017

London-based metals firm Vedanta Resources plc released numbers for the fourth quarter and full year of fiscal 2017 yesterday, boasting of record annual production levels in primary aluminium, among other products. Vedanta’s total aluminium production for the fourth quarter came to 353 thousand metric tons, a 56% increase year-on-year over the previous Q4’s total of […]

Rusal and Vedanta-Associated JV Ink Deal to Make Aluminium Pastes and Powders in India

Russian Federation aluminium giant U.C. Rusal announced a new joint venture with Runaya Metsource LLP, a partnership between Annanya Agarwal and Naivedya Agarwal, two principal shareholders of Vedanta Resources plc. According to the announcement, the joint partnership will be to establish a plant in India dedicated to the production of high-tech aluminium pastes and powders […]