December quarter shines for Vedanta Aluminium as production jumps by 6%
In the December quarter, India's leading primary aluminium producer, Vedanta Aluminium, saw a 6 per cent rise in production, reaching 599,000 tonnes compared to 566,000 tonnes during the corresponding period last year.
The Lanjigarh alumina refinery of Vedanta Aluminium saw a 6 per cent increase in alumina production year-on-year, reaching 470,000 tonnes.
In 2024, a notable upswing is anticipated in worldwide primary aluminium production, with industry leaders projecting a more favourable performance in the latter half of the year compared to the initial months. The transportation sector is poised to be pivotal as the key demand driver for aluminium for the year. Find out what the aluminium industry will look like in 2024 and its forecast dynamics by pre-ordering AL Circle's industry-focused report, "Global Aluminium Industry Outlook 2024".
Energy crisis & geo-political conflict take a toll on European aluminium production; 2023 Y-T-D output reflects a 1.79% fall
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