Vedanta Aluminium shares gained 3.32 per cent after Vedanta Resources denied speculation that it planned to sell its stake in the aluminium business, while brokerages maintained bullish views on the stock. Vedanta Aluminium came into focus after its parent, Vedanta Resources, dismissed reports and...
Motilal Oswal has maintained its “buy” rating on Vedanta Aluminium Metal, saying production growth, lower costs and a bigger share of value-added products could support a multi-year expansion in earnings. The brokerage has set a target price of INR 540 (USD 5.67) per share, implying potential...
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At the beginning of 2025, primary aluminium and its essential raw materials witnessed some significant developments in key areas like production, value, projects, and trade policies. Additionally, advancements in technology, sustainability initiatives, and geopolitical factors occurred and reshaped...
This week has been highly eventful for the upstream aluminium industry, especially the bauxite sector, which has dominated the headlines. Key highlights include Metro Mining's record-breaking bauxite production, Ukraine's seizure of $50 million worth of raw materials from Russian tycoon Oleg...
Vedanta Aluminium, a key subsidiary of Vedanta Limited, has announced a historic performance for Q3 FY25, achieving its highest-ever third-quarter EBITDA of INR 11,284 crore (US$1.34 billion), marking a significant 30 per cent year-on-year increase. Image Source: https://www.vedantalimited.com/...
Mining conglomerate Vedanta's dream project of 6 million tonnes per annum of alumina refinery and 30 lakh tonnes of aluminium smelter is coming to life, for which the budget is INR 1 lakh crore (US$11.55 billion). As per the report, the project's first phase is expected to be commissioned in the...
Vedanta Aluminium, a leading name in the Indian industry, has long been associated with sustainability and social development activities, as reflected through numerous reported stances. The mining and manufacturing giant has yet again initiated a sustainability-promoting stint as it participates in...
This week, the upstream segment of the global aluminium industry has been under the spotlight, with significant developments spanning from bauxite extraction to primary aluminium production. The focus intensifies as the European Union is considering the release of its 16th sanctions package against...
On Thursday, January 16, the three musketeers of the Indian aluminium industry - Vedanta Limited, National Aluminium Company (NALCO), and Hindalco Industries Limited saw a 2 to 3 per cent gain in their intraday stock prices. The contributing factor was the increased aluminium prices to $2,606 per...
Vedanta Aluminium has achieved yet another significant milestone under sustainability by attaining a 28.5 per cent reduction in greenhouse gas emissions against the FY2012 baseline.This accomplishment, aligned with the company’s Net Zero vision, reinforces the company’s ever-lasting commitment...
This week the upstream sector of the global aluminium industry witnessed many significant events. News of new highs, marginal misses, financial results, etc, have kept the industry on its toes. To begin with, Metro Mining has reached a new annual milestone, shipping 5.7 million tonnes of wet...
Vedanta Aluminium has proudly boasted its second rank in the prestigious S&P Global Corporate Sustainability Assessment (CSA) for the global aluminium industry. With an impressive holistic score of 77, the company has demonstrated its excellence across environmental, social, and governance (ESG)...
Shares of National Aluminium Company Limited (NALCO) lost value as the Nifty Metal index wrapped up the first week of 2025 on January 3. The Metal index itself remained relatively subdued, gaining just over 1 per cent at its highest point during the day before closing flat. While NALCO’s shares...
The Indian multinational mining and metal giant, Vedanta reported a 3 per cent year-on-year increase in total aluminium production, reaching 614,000 tonnes (0.614 million tonnes) in Q3 FY25, compared to 599,000 tonnes (0.599 million tonnes) in Q3 FY24. The nine-month production numbers for FY25...
Vedanta Limited has brought a different plan for its demerger scheme, which is to retain the base metal business under the parent company's umbrella. So, instead of six separate companies, billionaire Anil Agarwal-led Vedanta will demerge into five distinctive entities – Vedanta Limited, Vedanta...
Vedanta Aluminium has made another leap in respect to digital innovation. The company has introduced an advanced Logistics App, developed in collaboration with Krishca Strapping Solutions, aimed at enhancing the company’s transport loading and lashing operations to a global standard. Image Source:...
Vedanta Aluminium has once again proved its leadership in sustainable industrial practices by saving 1.3 million Giga Joules (GJ) of energy, aligned with India’s energy conservation goals. This achievement was possible due to a continuous effort towards enhancing energy efficiency and reducing...
Vedanta Aluminium, India's largest aluminium producer and one of the leading global players in the industry, has garnered worldwide attention this year with its bold moves towards sustainability and highest-ever half-yearly production. Indeed, the company has marked several milestones from the very...
In a groundbreaking move that promises to transform the socio-economic fabric of Odisha’s tribal heartland, the Indian multinational mining and metal house Vedanta is set to commence operations at the Sijimali bauxite block, spanning the Kalahandi and Rayagada districts. This initiative, positioned...
Vedanta Aluminium, India’s largest aluminium producer and a leader in sustainable development, has reinforced its position as an environmental leader by spearheading impactful biodiversity and carbon reduction initiatives in Odisha through a strategic partnership with PwC India. This collaboration...
