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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A top official of Vedanta Limited has apprised that the company is close to demerging its key businesses, including aluminium, and is likely to complete the process in the next nine to twelve months. The news came after John Slaven, CEO of the aluminium business of Vedanta, said in an interview...
On winning the first position in the prestigious S&P Corporate Sustainability Assessment (CSA) rakings, Vedanta Aluminium, a business of Vedanta Limited, said that their commitment towards increasing resource efficiency, using more renewables in the energy mix and converting waste into wealth is...
Vedanta Aluminium, the largest aluminium producer in India, proudly announces its top-ranking position in the prestigious S&P Corporate Sustainability Assessment (CSA) rankings for the aluminium industry during the 2023 assessment period. This significant achievement reaffirms Vedanta Aluminium as...
In celebrating National Startup Day, Vedanta Aluminium, a cornerstone of India's aluminium production, embraces cutting-edge collaborations with nearly 60 tech startups, propelling the industry into a new era. A vital player, contributing over half of India's aluminium production at an impressive...
Vedanta Aluminium, a prominent player in the global aluminium industry and India's leading metal producer, has recently joined the International Aluminium Institute (IAI), solidifying its position among the world's largest aluminium producers. As the sole representative of the global primary...
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...
Gujarat Alkalies and Chemicals Ltd (GACL) have recently entered into a Memorandum of Understanding (MoU) with Vedanta Aluminium to explore potential business opportunities within the caustic chlorine and related sectors. The primary objective of this MoU is to leverage the complementary skills,...
This week was the busiest time for the global aluminium industry. The United Nations Climate Change Conference, or COP28, was recently held. The conference saw a shift towards digital software, particularly in the aluminium industry and other sectors like oil and gas. Vedanta Aluminium, India's...
Vedanta Aluminium, a business of Vedanta Limited, has reportedly achieved a breakthrough in aluminium smelting technique that would reduce energy consumption and curb carbon emissions. On National Energy Conservation Day, Vedanta announced that its new energy-efficient technique, an advanced pot...
In its quest to ensure a sustainable future for the globe, Vedanta Aluminium, India's biggest producer of aluminium, is dedicated to providing greater global access to sustainably produced, high-quality aluminium. Vedanta Aluminium said on Monday that it is accelerating its efforts to attain Net...
Aluminium is the second most commonly used metal after steel in modern societies, and due to its versatile properties, it has seen a significant increase in use in transportation, building, packaging, and electrical engineering in recent decades. In the ongoing global effort to combat climate...
Vedanta Lanjigarh, India's leading producer of metallurgical grade alumina, has received 5 Gold medals at the 48th International Convention on Quality Control Circles (ICQCC-2023) in Beijing, hosted by the China Association of Quality (CAQ). These highly competitive accolades demonstrate Vedanta...
Vedanta Aluminium, the biggest aluminium producer in India, has been honoured with the prestigious 'Best Exporter Award' by the State Government at the 'Odisha State Export Awards' event. The award recognizes the outstanding performance of Vedanta Aluminium's smelter plant in Jharsuguda, which has...
Vedanta Aluminium, a business of Vedanta Limited and one of the world’s leading producers of aluminium, conducted the third technical masterclass on innovation and efficiency within the extrusion sector last week. The session, titled ‘The Metallurgy of Extrusion’, led by a globally acclaimed...
In the ongoing global effort to combat climate change, COP28 has emerged as a pivotal moment, marked by significant commitments towards a sustainable future. At the forefront of this movement is John Slaven, the Chief Executive Officer of Vedanta Aluminium, who actively participated in this year's...
Welcome to Day 2 of the 11th International IBAAS Conference & Exhibition (IBAAS-JNARDDC 2023) – Nagpur, India, a much-awaited event to experience the upstream aluminium industry. The event, studded with aluminium industry leaders, experts, and enthusiasts, marks the end of 2023 with great learnings...
Norsk Hydro signed an agreement with Sanvira Tech LLC to ensure a consistent supply of carbon anodes from Oman for its Norwegian aluminium smelters. The deal stipulates an initial offtake duration of 8 years and will include a maximum of 25 per cent of the total annual use of about 600,000 tonnes...
A subsidiary of the Indian aluminium giant Vedanta, BALCO has integrated Advanced Driver Assistance Systems (ADAS) and Driver Monitoring Systems (DMS) throughout their transportation chain, making inter-plant operations risk-free. This modernistic AI technology will be fundamental in augmenting...
