Vedanta’s Bottom Line Hit Hard By Lower Aluminium Prices In First Quarter

Vedanta’s Bottom Line Hit Hard By Lower Aluminium Prices In First Quarter

Indian metals miner Vedanta Ltd turned in much lower numbers than usual in the previous quarter, thanks in large part to a drop in prices for aluminium and other metals. Last week the firm reported a 68 percent drop in consolidated net...


Indian Court Halts Odisha’s Auction Of Karlapat Bauxite Ore Tract

The government of the Indian state of Odisha has suspended the auction of the Karlapat bauxite and iron ore block after a regional court ordered the sale to be placed on hold. The court’s decision came after environmentalists filed suit to prevent the sale, as the block is adjacent to the Karlapat Wildlife Sanctuary. The […]

Vedanta Aluminium Purchases Massive Block Of Renewable Energy From Indian Energy Exchange

India’s larges aluminium producer Vedanta Aluminium Business became the country’s biggest purchaser of renewable energy for the first quarter of FY 21-22 on the Indian Energy Exchange Limited (IEX) this week after it bought 354 million units of solar and non-solar renewable energy from the Green Term-Ahead Market (GTAM). The Vedanta Limited subsidiary is utilizing […]

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 of Vedanta Resources reported production and financial improvements across the board over the same time period in 2020. For the first fiscal quarter Vedanta reported a record consolidated revenue of ₹28,105 crore, better by 79 […]

Vedanta Aluminium Looking For Partnerships With Cement Producers On Low-Carbon Cement

Indian aluminium producer Vedanta Aluminium is searching for partnerships from cement producers to put to use its waste product to produce low-carbon cement. Vedanta commented its interest in utilizing fly ash and bauxite residue in a conference hosted by industry experts. Vedanta notes that fly ash and bauxite residue are produced in large quantities by […]