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Vedanta Limited achieves record annual production of zinc and aluminium for 2017

The company said that it is on track for ramp up of mined metal production to 1.2 MT by 2019-20.

, ET Bureau|
Apr 11, 2018, 03.04 PM IST
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BCCL
Vedanta
Copper production too registered record annual figure of 403,000 tonnes of cathode.
MUMBAI: Vedanta Limited achieved record annual production of zinc and aluminium for the year ending March, 2018 on the back of highest ever production of mined metals from underground mines, the company said in a notification to BSE.

The total annual production of integrated refined zinc at Zinc India increased from 672,000 tonnes last year to 791,000 tonnes this year. Mined metal production was higher by 4% at 947,000 tonnes, driven by higher ore production from underground mines, partly offset by lower open-cast mine production and ore grades. The company said that it is on track for ramp up of mined metal production to 1.2 MT by 2019-20.

Production of aluminium stood at 1,675 KT for the year, 38% higher than last year owing to ramp up of additional pots at the Jharsuguda -II smelter and complete ramp up of BALCO-II smelter in the first quarter. Alumina production was flat.

“Vedanta performed very well during the year as we continue to post strong production results at a number of our business units, in line with our strategy to ramp up across our asset base. We had record production at Zinc India and aluminium whilst making good progress on the growth projects announced in our oil & gas business," Kuldip Kaura, CEO at Vedanta Limited said.

Copper production too registered record annual figure of 403,000 tonnes of cathode.

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