Vedanta

India’s Output Growth To Slow Thanks To Soft LME Prices And Maxed-Out Capacity

India’s Output Growth To Slow Thanks To Soft LME Prices And Maxed-Out Capacity

India’s aluminium production in the coming fiscal year is expected to taper off compared to previous years thanks in part to a weak market for the metal at the London Metal Exchange (LME) in recent months. Such was the conclusion drawn by...

Events

Violent Protests Claim Two Lives At Vedanta’s Lanjigarh Alumina Refinery

Protests outside a Vedanta alumina refinery in Lanjigarh turned deadly on Monday, as a police officer and a protester were fatally injured in the course of demonstrations at the plant. “Two people have died – one of our Odisha industrial security force personnel and another one from the public,” said senior police officer Gupteswar Bhoi […]

Vedanta Files Suit Against Nalco To Tap Into Exported Alumina Stream

Staring the prospect of a winnowing feedstock supply square in the eye, India metals miner Vedanta has turned to the courts to compel state-owned National Aluminium Company (Nalco) to sell to them a portion of the alumina they currently send overseas. In a motion at the Odisha High Court earlier this week, Vedanta sought to […]

Jharsuguda Locals Appeal To Chand To Open Alumina Bidding To Vedanta

In a bid to aid Vedanta Ltd. in its search for raw materials, a contingent of local citizens sent a letter last week to National Aluminium Company Limited’s (Nalco) Chairman and Managing Director Dr. Tapan Kumar Chand appealing to him to open the bidding for 30 thousand metric tons of metallurgical-grade alumina to the firm. […]

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 […]