Vedanta Resources plc

Vedanta Sets Quarterly Aluminium Production Record

Vedanta Sets Quarterly Aluminium Production Record

London’s Vedanta Resources plc released production numbers for the second quarter and first half of 2016 yesterday, reporting a record aluminium output of 296,000 metric tons for the second quarter. On the corporate side, highlights for the quarter included shareholder approval of...

Activists Objecting to Opening Odisha Bauxite Reserve to Vedanta

The Indian state of Odisha is facing opposition from environmental activists in the wake of their decision to open up bauxite reserves at Kodingamali to London-based Indian miner Vedanta Resources plc. “The issues that we fought for at Niyamgiri are also relevant for Kodingamali, a forested hill range saddled by tribal inhabitations,” said Prafulla Samantray, […]

Indian Government Considering Enacting Minimum Import Price on Aluminium

The Indian government is mulling placing a minimum import price upon aluminium in order to slow the surge of cheap aluminium flooding the country’s market. India’s Revenue Department in the Ministry of Finance is considering such action after executives from Vedanta, Nalco, Hindalco and Balco met with Finance Minister Arun Jaitley last week and pitched […]

State Government to Supply Bauxite to Vedanta Refinery in Odisha

Odisha’s state government will be supplying raw material to the Vedanta alumina refinery at Lanjigarh in Kalahandi district from the government-owned Kodingamali bauxite mines in Koraput district. At present the state-owned Odisha Mining Corporation (OMC) holds the mining lease to the bauxite mines in question. “We will make arrangements for bauxite supplies to the Vedanta […]

Vedanta Reopens Second Stream at Lanjigarh Refinery

London-based Indian metals miner Vedanta Resources plc announced that it has restarted its second stream operations at the alumina refinery at Lanjigarh. The line was closed previously due to a lack of bauxite ore. The firm is ramping up operations after having secured bauxite mining rights in the area, and has begun ramping up production […]

Balco Resumes Production of Rolled Aluminium

India’s Bharat Aluminium Company Limited (Balco) began sheet rolling aluminium again last week. The metal major’s sheet rolling shop (SRS) at Korba closed last August due to aluminium dumping by the People’s Republic of China and the associated drop in aluminium prices, causing the shop to run significant financial losses. According to the company, minor […]