Vedanta Aluminium brings 4 AI Control Towers into logistics, safety and plant maintenance
Vedanta Aluminium is using artificial intelligence (AI) and other digital tools across its operations as part of its efforts to improve day-to-day decision-making, logistics, safety and equipment monitoring. At BALCO in Korba, Vedanta Aluminium has introduced four AI-enabled Control Towers to keep...
Vedanta Aluminium shares rise as the group denies stake-sale speculation
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...
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Vedanta’s Lanjigarh refinery to re-open this month
After lying idle for over six months, Vedanta’s one million ton alumina refinery at Lanjigarh is gearing up to resume operations by the end of this month on hopes of bauxite supplies from private miners in Gujarat and also opening of group firm Bharat Aluminum Company Kawardah mines in...
BALCO appoints Ramesh Nair as new CEO
Bharat Aluminium Company, a Vedanta Group company, announced on 2 June it has appointed Ramesh Nair as its Chief Executive Officer replacing Gunjan Gupta. Ramesh Nair has over 20 years' experience in the metals industry and has worked in the group for 11 years in multiple functions before assuming...
Indian court nominates two judges as Niyamgiri Gramsabha observers
Odisha High Court has nominated the district and sessions judges of Kalahandi and Rayagada to act as observers in the much-awaited Gram Sabha to decide fate of the proposed bauxite mining for Vedanta atop Niyamgiri Hills. “The High Court Registrar General has informed the state government about the...
Indian state government faces allegation of manipulating court order on bauxite mining
Lok Shakti Abhiyan president Prafulla Samantara on Wednesday alleged the Odisha government was attempting to subvert the recent order of the Supreme Court relating to holding gram sabhas for a decision on proposed bauxite mining in Niyamgiri hill for Vedanta Group’s plant and sought Odisha governor...
District collectors get alerts on decisive gram sabhas for Vedanta's mining project
The Odisha Scheduled Caste and Scheduled Tribe development department has issued notices to the district collectors of Rayagada and Kalahandi, asking them to conduct hearings ahead of Gram Sabhas at Niyamgiri hill range, which will decide the fate of the bauxite mining project there. As per the...
Indian State Government seeks judicial supervision for gram sabhas
Odisha Government has requested Chief Justice of the Odisha High Court to nominate a judicial officer of the rank of district judge as observer for the proposed gram sabhas to be conducted for deciding grant of mining lease to Vedanta Group for bauxite mining. In an official communique to the...
Vedanta looking for bauxite supplies to restart alumina refinery in Odisha
The Vedanta Group is hopeful of tying up bauxite supplies to restart its alumina refinery in Lanjigarh, Odisha within the next 1-2 months. Vedanta Aluminium Limited (VAL), the group arm which operates the unit, is in talks with a clutch of private miners in Jharkhand, Chhattisgarh besides Gujarat...
Odisha to conduct village meetings to ease mining deadlock
The Odisha SC & ST department will instruct the district administration of Kalahandi and Rayagada soon to initiate work at the field level for conducting gram sabhas for deciding the fate of bauxite mining at Niyamgiri hills. Despite the Supreme Court (SC) verdict dated April 18, the state...
Hindustan Zinc, Bharat Aluminium stake sale will be a windfall
Vedanta Resources today said its offer to buy out government stakes in Hindustan Zinc and Bharat Aluminium Company (Balco) for which it is awaiting the response will be "windfall" for all stakeholders. "We have no doubt that this (deal to acquire remaining stakes in the two firms) will happen but...
Sesa Goa to resume mining in Karnataka by June
Sesa Goa is looking to restart iron ore mining from Karnataka and expects a strong demand of the ore within the state, a top company official of its parent firm Vedanta Resources said today. "We expect to resume mining in Karnataka by June... we are in the process of securing necessary clearances"...
Vedanta hopeful of restarting Lanjigarh refinery by July
Diversified conglomerate Vedanta Resources expects to restart its alumina refinery in Odisha'sLanjigarh by July and is hopeful of securing approvals for doing mining at Niyamgiri hills in the state by September. "Management expects that the mining approvals for mining and the statutory approvals...
Odisha's law department to submit its view on Indian Supreme Court order
The Odisha law department will submit its views on the Supreme Court order on Niyamgiri bauxite mining in 2-3 days, paving the way for the government to hold gram sabhas that will decide if mining activity can take place there. The opening of the Niyamgiri bauxite deposits is considered to be...
Sterlite Industries net profit up 10.6% in fourth quarter
Sterlite Industries is seen posting a net profit of $261 million for the January-March quarter, up 10.6 per cent from $236 million in the year ago period, according to brokers polled by NDTV. Sales for the period are seen coming in 1.5 per cent higher at $2019 million against $1988 million during...
Locals want Vedanta’s alumina refinery in Lanjigarh reopened
On Tuesday, more than a thousand people gathered at the main gate of Vedanta’s Alumina Refinery and met the President and Chief Operating Officer, Mukesh Kumar, demanding re-opening of the plant, the company said. The plant has stopped work since December 5, owing to non-supply of bauxite. They...
Indian Supreme Court judgement a victory for tribals
The human rights group, Amnesty International has welcomed the Supreme Court judgement on bauxite mining at Niyamgiri Hills in Odisha’s Kalahandi district. Amnesty said , SC’s ruling that the indigenous (Adivasi) communities will have the final decision on plans for a bauxite mine by a subsidiary...
Indian Supreme Court leaves Vedanta's fate in tribal deity's hands
The Supreme Court on Thursday linked survival of Vedanta's alumina refinery and bauxite mining project in Rayagada and Kalahandi districts of Odisha with protection of Dongria and Kutia Kondh tribes' culture and right to worship the 'Niyam Raja' deity, a hilltop just 10 km from the mining area. "If...
Vedanta Resources to restart alumina refinery
Vedanta Resources Plc, controlled by billionaire Anil Agarwal, may soon restart a mothballed alumina refinery after a change in mining rules helps resume supply of raw materials to the plant. Vedanta Aluminium Ltd. had to shut its factory in December at Lanjigarh in the eastern state of Odisha...
Vedanta still pleading for bauxite
Vedanta Aluminium bosses are pleading with the Odisha State Government to get the bauxite flowing so that it can re-open its Lanjigarh alumina refinery, after a delegation from the Kalahandi and Rayagada districts told the Kalahandi collector and district magistrate that the plant should resume...
