Vedanta's $1.5 Billion Play for High-Value Aluminium

Vedanta has announced a USD 1.5 billion investment to boost its aluminium smelting capacity and increase the production of value-added aluminium products. This move supports the company’s broader strategy to reinforce its leadership in the non-ferrous metals sector, particularly in aluminium and zinc.

The funding will enhance smelter output and diversify Vedanta’s aluminium product offerings. In parallel, its subsidiary Hindustan Zinc Ltd. (HZL) is ramping up zinc alloy production, following the commissioning of a 30 KTPA facility in Rajasthan.

Vedanta is also deepening its focus on critical minerals, aligning with India’s drive for mineral security. The company is exploring and developing copper, nickel, cobalt, chromium, vanadium, tungsten, and PGEs across several states, including Maharashtra, Rajasthan, Bihar, Arunachal Pradesh, Karnataka, and Chhattisgarh.

In recent auctions, Vedanta secured key assets such as vanadium and graphite in Arunachal Pradesh, and a poly-metallic mine in Karnataka. HZL also won tungsten and associated mineral blocks in Andhra Pradesh and Tamil Nadu.

News by Rahul Yelligetti.