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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Aluminium is one of the most sustainable materials on the planet and is also highly recyclable. Aluminium recycling benefits present and future generations by conserving energy and other natural resources. European Aluminium released its newest research titled "Net-Zero by 2050: Science-based...
Vedanta Aluminium leads in eco-responsibility, sending the first batch of Restora, low-carbon 'green' aluminium. Vedanta Aluminium, India's leading aluminium producer, takes a giant leap in environmental responsibility by dispatching its first batch of Restora, the nation's groundbreaking...
Vedanta, India's largest aluminium producer, has achieved a significant breakthrough in bauxite refining, a pivotal step in aluminium production. In a collaborative effort with the Indian Institute of Technology Kharagpur (IIT KGP), the company has developed an innovative method to substantially...
Indian aluminium giants, including Hindalco Industries Ltd, Vedanta Ltd, and National Aluminium Corporation (NALCO), have reportedly reduced their aluminium prices in response to the LME aluminium price fall this week from October 30 to November 3. The LME aluminium benchmark price encountered a...
Anil Agarwal, the chairman of the Vedanta Group, seeks Indian investors’ attention for collaboration and investment in the continued development and expansion of Kalahandi alumina refinery in Odisha. Vedanta’s Kalahandi alumina refinery expansion would mark a turning point in the industrial...
Vedanta Aluminium has yet again earned a prestigious recognition in the form of two gold awards at the Confederation of Indian Industry's IQ National and Regional Excellence Practice Competition and National Energy Awards for Excellence in Energy Management. One of the awards represents Vedanta's...
Ajay Goel, a seasoned finance expert, has re-assumed the role of Chief Financial Officer at Vedanta Ltd. This development comes at a pivotal juncture as the mining and metal conglomerate, under the helm of billionaire Anil Agarwal, embarks on an ambitious business restructuring initiative. The...
The Rio Tinto chairman, Dominic Barton, indicated on October 6, 2023, that customers are increasingly willing to pay extra for eco-friendly, sustainable products. In addition, he spoke about the company's desire to participate in the growing lithium market. On Friday, October 6, mining giant...
On Friday, October 6, mining company Vedanta Limited formed a new wholly-owned subsidiary for its aluminium business named Vedanta Aluminium Metal. Registered in Maharashtra, India, the newly incorporated subsidiary will have authorised and subscribed capital of INR 1,00,000, representing a share...
Vedanta Aluminium has reportedly brought a new range of advanced wire rods to expand premium offerings for the global power and transmission sector. The new range of wire rods includes T4, AL59, and the 8xxx series, launched on the inaugural day of the Cable & Wire Fair 2023 (CWF2023) in New Delhi....
Vedanta Limited, an Indian multinational mining company, has announced its metal output report for the second quarter of FY2023-24 ended September 30. As per the report, Vedanta produced 594,000 tonnes of aluminium compared to 579,000 tonnes in the June quarter . That reflected a sequential rise of...
Indian aluminium players have increased their aluminium selling price this week in tandem with the LME aluminium growth trend. Vedanta has increased its aluminium ingot and aluminium products prices twice this week, while Hindalco once so far. On Friday, September 29, Vedanta expanded its aluminium...
Vedanta Aluminium, India’s leading aluminium producer, commemorated National Engineers Day with an assurance to foster a workforce of highly skilled engineers. On the special day, Vedanta celebrated its engineers’ unwavering commitment to operational excellence, technological innovation, and...
Dr. Chatterjee, with 33 years of Industrial R&D experience and expertise, is a visionary leader in innovative Research and Development, driving new product development, process improvement, beneficiation of minerals, wealth from waste and decarbonisation efforts in the aluminium industry. His...
Indian aluminium giants like Hindalco, Vedanta, and NALCO have increased their aluminium prices twice this week in line with the LME aluminium price rally by US$64.50 per tonne from August 29-September 1. Hindalco Industries Limited upgraded its aluminium prices on August 31 by INR 2,500 per tonne...
Aluminium has piqued the interest of industry professionals as a lightweight, recyclable metal with applications ranging from car and aircraft engineering to infrastructure and construction. Most aluminium goods may be recycled for decades, earning the title of 'green metal.' But despite all of its...
Dr. Chatterjee, with 33 years of Industrial R&D experience and expertise, is a visionary leader in innovative Research and Development, driving new product development, process improvement, beneficiation of minerals, wealth from waste and decarbonization efforts in the aluminium industry. His...
Vedanta's Chairman Anil Agarwal has declared that Vedanta's board is thinking of demerging and separately listing some or most of its businesses, like iron & steel, oil & gas and aluminium, to unbolt shareholders' incentives. The parent company, Vedanta Resources, based in London, will prevail as a...
