Vedanta Resources is trying to raise around $1 billion in debt financing to fund development of its Konkola Copper Mines (KCM) in Zambia, Chris Griffith, head of the company’s base metals unit, said.
such as Vedanta’s 1 lakh crore dream project of an alumina refinery and aluminium smelter coming to fruition, a 2.6 per cent year-over-year increase in alumina production in 2024,, NALCO’s share price ...
This was helped by an over 20% improvement in realisation, which more than compensated for the increase in prices of alumina, a key raw material. This is Vedanta’s largest business, contributing ...
CONDITIONS THAT WE’RE TRACKING. WELL, WE NOW KNOW WHAT CAUSED A FIRE AT THE MARTINEZ REFINERY IN CONTRA COSTA COUNTY OVER THE WEEKEND. FIRE INJURED SIX PEOPLE AND PROMPTED A STRONG SHELTER IN ...
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has stated that the recent reduction in petrol prices by Dangote Refinery may not immediately reflect at fuel stations ...
Brokerages are generally positive on mining major Vedanta's performance after Q3 results in FY25 ... and plans to develop captive bauxite and coal mines in FY26, with alumina refinery expansions on ...
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Vedanta Q3 Preview: Topline may grow by up to 14% YoY. Higher metal prices to aid EBITDA growth“Vedanta is expected to report an EBITDA increase of 7% QoQ due to higher base metal prices, particularly aluminium and zinc (up 8–10% QoQ). Higher alumina cost shall increase aluminium CoP by ...
Notably, Vedanta is operating a 1.8 MTPA smelter in Jharsuguda and a 3.5 MTPA alumina refinery in Lanjigarh, and has also established mines in Jajpur and Dhenkanal districts in Odisha for the ...
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