Vedanta To Deploy GE’s Digital Smelter Technology At Jharsuguda Aluminium Smelter
London-based metals miner Vedanta Ltd. and American multinational conglomerate General Electric Company (GE) jointly announced yesterday that they have agreed...
Vedanta
Supreme Court Orders Nalco To Sell Alumina To Vedanta
India’s National Aluminium Company (NALCO) was ordered by the country’s Supreme Court to deliver 30 thousand metric tons of metallurgical-grade calcined alumina to the Vedanta plant at Visakhapatnam, which Vedanta will ultimately use at its SEZ unit in Jharsuguda. To date, Nalco...
Vedanta Pondering Purchase Of Government Stake In Two Co-Owned Mineral Firms
Anil Agarwal’s Vedanta Ltd. is considering buying a majority share in Bharat Petroleum Corporation Limited (BPCL) and the remaining share...
Vedanta Plans Flat-Rolled Aluminium Plant For Eastern India
A top official at Indian aluminium smelter Vedanta told local media this week that his firm plans to enhance its...
Events
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 Plans To Leverage Coal Security Into Lower Aluminium Production Costs: CEO Venkatakrishnan
Vedanta Ltd’s capacity expansion will be done while keeping the goal of cost control at the forefront of the process. Such was the message delivered by the firm’s CEO Srinivasan Venkatakrishnan in an interview with financial media earlier this week. “Any expansion plans, we will do it with the strictest capital discipline and balance sheet […]
Vedanta To Export Over Half Its Output As India’s Aluminium Imports Continue To Rise
Even as India’s aluminium imports continue to rise, Vedanta Ltd. plans to increase its exports of the metal. Such was the message from a company officer who spoke with domestic media earlier this week. In the current fiscal year the firm plans to send over half its primary aluminium production overseas. As India’s premier aluminium […]
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 businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
