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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India's aluminium consumption set to increase
The Indian economy has arrived at a point where a non-ferrous metal such as aluminium will come in for increasingly significant application in many areas, besides electrical and electronics, which now has a preponderant share of 48 per cent of this country’s total use of the white metal against...
Odisha CM assures steps to prevent closure of Vedanta’s Lanjigarh Alumina refinery
Odisha Chief Minister Naveen Patnaik has promised to initiate efforts to avert the closure of the Lanjigarh plant of Vedanta Aluminium. The company has said it would shut down the plant from December 5 citing the lack of assured supplies of bauxite. This promise was given to a 30-member delegation...
Chinese gear maker SSNP files case against Vedanta for 'losses' due to Lanjigarh alumina refinery shutdown
Chinese power equipment manufacturer Shanghai Shandong Nuclear Power Construction (SSNP) has filed a case against Vedanta Aluminium for allegedly causing losses due to work stoppage at the latter's controversial alumina refinery in Lanjigarh, Odisha. SSNP has pleaded for arbitration to recover its...
Odisha Govt expresses inability to supply bauxite to Vedanta Alumina
In a major setback toVedanta Aluminium Limited (VAL), the Odisha Government on Tuesday expressed its inability to immediately supply bauxite to Vedanta Aluminium Limited (VAL) after the company sought permission to shut down its refinery at Lanjigarh due to scarcity of raw material. After attending...
Workers urge local MP to save Vedanta refinery
After Vedanta Aluminium Limited’s Lanjigarh alumina plant closure notice to the State Government, the save-Vedanta movement seems to be escalating further with hundreds of local people working at the alumina refinery meeting Kalahandi MP Bhakta Charan Das on Saturday and pleading for saving the...
Vedanta Lanjigarh plant shutdown will affect 7,000 people
Vedanta Aluminium Limited, a subsidiary of the London Stock Exchange listed multi-billion dollar Vedanta Resources group, on Thursday told the Odisha government it wants to temporarily shut down its alumina refinery in the state due to lack of bauxite by December 5. “The decision is painful because...
Odisha Mining Corporation (OMC) expresses their inability to provide bauxite for Vedanta refinery
The steel and mines department and Odisha Mining Corporation (OMC) have expressed their inability to provide Vedanta Aluminium Ltd (VAL) alternative source of bauxite for its Lanjigarh alumina refinery because of constraints of law even as the company has sent an advance notice for shut down of the...
Vedanta says alumina refinery closure won't hit aluminium output
Vedanta Aluminium's plan to shut its alumina refinery in eastern India will not hit its aluminium output because it aims to treble imports of the raw material, a company official said on Thursday. The company, part of billionaire Anil Agarwal's Vedanta Group, intends to implement a temporary...
Vedanta may close its Lanjigarh alumina refinery by Dec
Vedanta group may close its 1 MTPA alumina refinery in Odisha’s Lanjigarh by December first week as the company is facing severe shortage of bauxite, company sources said. “We are in the process of giving three month’s notice to the Department of Labour, Odisha, to close operations. It is a...
Vedanta group shares down on 5th Sept
Shares in Vedanta group firms - Sterlite Industries, Sesa Goa, and Cairn India - traded lower Wednesday on news that Vedanta Aluminium (VAL) will shut down the 3 million-tonne-per-annum alumina refinery in Lanjigarh. Vedanta Aluminium is likely to send a notice to the Orissa government for shutting...
Union minister asks Odisha govt to scrap deal with Vedanta
Sensing an opportunity to corner the Odisha government after it decided to cancel the joint venture pact of Odisha Mining Corporation (OMC) with a private firm for coal mining over rule violation, the state Congress unit on Monday demanded that OMC’s agreement with Vedanta for bauxite supply should...
Vedanta set to source bauxite from GMDC
Opening of tender by state owned Gujarat Mineral Development Corporation (GMDC) for sale of 92,174 tonnes of bauxite has injected hope to Vedanta’s alumina refinery at Lanjigarh in Kalahandi district that is staring at possible shutdown on bauxite crunch. “We will participate in the bid of GMDC for...
Hindalco faces Vedanta's mining fate in Odisha
Even when the protest against Vedanta over mining in Niyamgiri was at its peak, Hindalco Industries quietly carried on with its work in Mali Parbat, just miles away from the Vedanta project. But not anymore! With locals protesting against Hindalco’s move to mine Mali Parbat, the contractor who was...
Local Employees, Affected Community come forward for Vedanta Aluminium
Around 700 people, including employees and families displaced by Vedanta Alumina Limited at Kalahandi's Lanjigarh, met the district collector at Bhawanipatna on Tuesday and requested him to ensure supply of bauxite to the factory so that it does not shut down. They said closure of VAL would affect...
Vedanta urges Government to restrict bauxite exports
Vedanta Aluminium has called on the government to restrict bauxite exports and allow more mines to ensure that India's domestic industry, including Vedanta's own alumina refinery, has sufficient supplies. The company's refinery in Odisha has been operating at 70 percent of its capacity of 1 million...
Lanjigarh refinery on the verge of closing down
Faced with acute shortage of bauxite to run its one-million-tonne alumina refinery at Lanjigarh in Odisha, Vedanta Aluminum Ltd (VAL), an arm of London-listed Vedanta Resources, may issue a notice to the state government on Monday or Tuesday to shut down the unit. The three-month notice would be...
India's aluminum export to rise 5 pct: Vedanta
India's aluminum exports could rise 5 percent in the current fiscal year to 325,000 tonnes, despite a slowdown in global demand, a senior industry official said, as falling prices have led rival global producers to cut production. Declining aluminum prices have forced major players such as Alcoa...
Locals demand more bauxite for Vedanta’s refinery in Odisha
Apprehensive about the future of the alumina refinery of Vedanta Aluminium at Lanjigarh in Kalahandi district, local people observed a bandh demanding bauxite for the company. With VAL having to run its refinery at 40-50 percent of its capacity, the people under the banner of the Lanjigarh...
