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Vedanta

Geopolitical tensions keep aluminium prices volatile, while long-term demand outlook remains firm
Primary AL
For much of 2026, aluminium prices have been driven more by geopolitics than by underlying demand. As tensions between the US and Iran intensified, fears of disrupted shipments through the Strait of Hormuz pushed LME aluminium higher, with prices rising to around a four-year high and reaching an intraday peak above USD 3,700 per tonne  The ceasefire eased those concerns, and the geopolitical risk premium quickly faded. LME aluminium prices corrected by more than 17 per cent to around USD 3,01 ...
Vedanta, Hindalco, Adani among industry giants eyeing Odisha's 207 Mt virgin Karlapat bauxite block
Bauxite
Adani Group, Reliance Industries, Hindalco Industries, Vedanta Aluminium, Naveen Jindal-backed Powercem, and Coal India are among the companies interested in Odisha’s Karlapat-Pollingpadar bauxite block. They are seeking long-term supplies of this key raw material as they prepare for major aluminium capacity expansions.  Located in Kalahandi district, the Karlapat-Pollingpadar deposit is one of the largest virgin bauxite resources currently available for auction in India. It is among 11 virgi ...

Primary AL
CRISIL Ratings has upgraded the credit ratings of Vedanta Ltd, Vedanta Aluminium Metal Ltd and Vedanta Oil and Gas Ltd following the group's demerger, citing stronger business and financial risk profiles across the three companies. Vedanta Ltd's long-term rating was upgraded to CRISIL AA+/Stable from CRISIL AA/Watch Developing, while its short-term rating was reaffirmed at CRISIL A1+. The rating agency also assigned a CRISIL AA+/Stable rating to the company's non-convertible debentures. Acco ...
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