Industry News

Vedanta plans to raise aluminum production capacity to 2.3-2.4 million tons

Views : 248
Update time : 2021-11-03 22:17:53
Vedanta, a natural resources company in India, reported that the company’s revenue totaled R$300.48 billion in the second quarter ending on September 30, 2021, up by 44.4% compared to the same period a year ago. Among them, the aluminum business accounted for R$46.47 billion in revenue.

During the period, Vedanta's aluminum output was 570,000 tons, a year-on-year increase of 21%; alumina output totaled 511,000 tons, a year-on-year hike of 11%.

Vedanta CEO Sunil Duggal said that Vedanta decided to raise its aluminum production capacity from 1.8 million tons to 2.26 million tons, and it is currently hopeful to further increase the capacity to 2.3-2.4 million tons. Sunil Duggal believed that the demand and prices of commodities will continue to rise.

 

Related News
Read More >>
Global primary aluminum market has surplus of 226,300 tons in Apr Global primary aluminum market has surplus of 226,300 tons in Apr
Jun .20.2025
Global primary aluminum market has surplus of 226,300 tons in Apr
China's aluminum-related output has steady growth in May China's aluminum-related output has steady growth in May
Jun .20.2025
China's aluminum-related output has steady growth in May
US extends AD & CVD duties on China’s aluminum wire and cable US extends AD & CVD duties on China’s aluminum wire and cable
Jun .20.2025
US extends AD & CVD duties on China’s aluminum wire and cable
China's steel exports surging, expected to hit 120 million tons in 2025 China's steel exports surging, expected to hit 120 million tons in 2025
Jun .20.2025
China's steel exports surging, expected to hit 120 million tons in 2025