'Vedanta to produce cheapest aluminium'
Mint Mumbai|February 13, 2024
Vedanta, the largest aluminium producer in India, will soon become the lowest-cost producer of the silver-white metal in the world as the company works on backward integration of its supply chain, including acquisition of more coal mines, according to John Slaven, the chief executive of the company's aluminium business.
Nehal Chaliawala
'Vedanta to produce cheapest aluminium'

The company also has firm plans of expanding its production capacity to 3 million tonnes (MT) a year from 2.4 MT at present in 18-24 months. It is also working on expanding capacity "significantly beyond that," Slaven said.

"Today, Vedanta Aluminium is in the first decile on the global cost curve, and as we complete the backward integration, it really puts us in the absolutely lowest cost position in the world," Slaven told Mint.

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