Vedanta Aluminium expands alumina refining capacity to 3.5 million tonnes per annum
The expansion strengthens Vedanta's vertical integration strategy, as it aims to meet the growing demand for its aluminium products across sectors like autos, aerospace, and construction.
Vedanta Aluminium, India's largest aluminium producer, announced a key step in its expansion plans on Thursday, commissioning a 1.5 million tonne per annum (MTPA) capacity increase at its alumina refinery in Lanjigarh, Odisha. This brings the refinery's total capacity to 3.5 MTPA, as the company pushes towards becoming a top three global player in aluminium production.
The expansion strengthens Vedanta's vertical integration strategy, as it aims to meet the growing demand for its aluminium products across sectors like autos, aerospace, and construction. Notably, the company offers a "green" aluminium range under the Restora brand, catering to the rising demand for sustainable materials.
Vedanta Aluminium is also a major producer of smelter grade alumina (SGA), a key raw material for its aluminium smelters in Jharsuguda (Odisha) and BALCO (Chhatisgarh). The expansion is expected to support the company's overall aluminium production ramp-up in the coming years, the company said.
John Slaven, CEO, Vedanta Aluminium, said "We are delighted to commission the expanded capacity which strengthens our raw material security and reduces costs for our Jharsuguda and BALCO aluminium smelters. It is a significant step towards 100% vertical integration and strongly positions us for sustainable growth within the global aluminium market."
RELATED ARTICLES
Sub-Rs 1 Lakh Segment to Remain Ampere’s Priority: Greaves Electric MD
Value segment to remain Ampere’s growth anchor amid rising competition.
Weekly News Wrap: Delhi’s EV Push, TVS' Plant Plans, Skoda-VW Product Blitz, Mercedes FY27 Outlook
Policy momentum on electrification, fresh capacity investments, aggressive product pipelines and a cautious luxury outlo...
Haryana Raises Minimum Wage 35% After Iran War-Driven Factory Unrest: Reuters
Reuters reports that Haryana's wage hike, prompted by worker protests over Iran war-driven cost increases, will lift mon...




By Autocar Professional Bureau
04 Apr 2024
8006 Views
Kiran Murali
