Metals and Mining
Company Overview of Vedanta Aluminium Limited
Vedanta Aluminium Limited engages in the production of metallurgical grade alumina and aluminium products. It offers metallurgical grade alumina that is used as a raw material in ceramic and glass industries; and high grade aluminium and various other products, which are supplied to secondary fabrication units. The company provides aluminium ingots, billets, bars, and wire rods under the VEDANTAL brand name. Its products are used in power, packaging, chemical, logistics, and defense industrial sectors. The company also operates an independent power plant with a capacity of 2400 megawatts. In addition, it offers port services. The company was incorporated in 2001 and is based in Mumbai, India...
75, Nehru Road
Vile Parle East
Founded in 2001
Key Executives for Vedanta Aluminium Limited
Chairman of the Board and Managing Director
Assistant Company Secretary
Compensation as of Fiscal Year 2015.
Vedanta Aluminium Limited Key Developments
Vedanta to Close Down Alumina Refinery Unit in Odisha
Aug 26 15
Vedanta announced that it will initiate steps for gradual closure of its alumina refinery at Lanjigarh in Odisha mainly due to shortage of raw material and absence of bauxite linkage within state.
Vedanta Aluminium Announces Unaudited Earnings and Production Results for the First Quarter of Fiscal Year 2016
Jul 31 15
Vedanta Aluminium announced unaudited earnings and production results for the first quarter of fiscal year 2016. For the quarter, revenue was USD 430.4 million and LBITDA was USD 1.9 million against revenue of USD 438.5 million and EBITDA of USD 88.4 million for the same period a year ago. EBITDA for the quarter was significantly lower and negative due to reduced LME and metal premiums and USD 37 million provision made for RPO for previous years.
For the quarter, total aluminum production was 232,000 tonnes against 203,000 tonnes a year ago. The Lanjigarh alumina refinery operated at a high utilisation rate and produced 269,000 tonnes in first quarter of 2016, 15% higher than first quarter of last year.
Vedanta Aluminium Reports Earnings Results for the Fourth Quarter Ended March 31, 2014
Apr 30 14
Vedanta Aluminium reported earnings results for the fourth quarter ended March 31, 2014. The company saw Ebitda grow to INR 4,470 million from INR 3,570 million in the third quarter.
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