These projects are at an advanced stage of completion, according to a powerpoint presentation made to more than 45 fund managers and analysts, who were on a site visit organised by the Vedanta Group.
Vedanta’s aluminum business has projects underway to achieve 3.1 million tonnes per annum of integrated supply.
It sits in the first quartile of the global cost curve, with the cost of production at multi-year lows -- $1,711 per tonne -- with a 100 per cent vertically integrated supply chain. The business has a 2x strong demand outlook with India’s domestic market set to double every five years, it said.
This story is from the June 18, 2024 edition of Millennium Post Delhi.
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This story is from the June 18, 2024 edition of Millennium Post Delhi.
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