Vedanta Aluminium aims for top 3 global position with expansion to 5MTPA capacity
Vedanta Aluminium, India’s preeminent aluminium producer, has announced a landmark expansion, signaling its intent to enter the top tier of global aluminium production. The company has successfully commissioned a new 1.5 million tonnes per annum (MTPA) expansion at its state-of-the-art alumina refinery in Lanjigarh, Odisha. This strategic move is part of Vedanta’s broader expansion plan, aiming to increase its total production capacity to 3 MTPA. This initiative will elevate the Lanjigarh refinery’s total capacity from 2 MTPA to an impressive 5 MTPA, marking a significant milestone in Vedanta Aluminium’s journey towards becoming one of the top three global aluminium producers.
Vedanta Aluminium is renowned for its extensive range of high-quality aluminium products, including the pioneering low-carbon ‘green’ aluminium range, Restora. These products serve critical roles in various sectors, such as automotive, aerospace, defense, infrastructure, power projects, electricals, and packaging. Additionally, the company stands as one of India’s foremost producers of premier smelter grade alumina (SGA), an essential ingredient for its aluminium plants in Jharsuguda (Odisha) and BALCO (Chhattisgarh).
John Slaven, CEO of Vedanta Aluminium, expressed his enthusiasm about the expansion, stating, “We are delighted to commission the expanded capacity which strengthens our raw material security and reduces costs for our Jharsuguda and BALCO aluminium smelters. It is a significant step towards 100% vertical integration and strongly positions us for sustainable growth within the global aluminium market.”
As India’s largest aluminium producer, Vedanta Aluminium manufactures over half of the country’s aluminium, totaling 2.37 million tonnes in FY24. The company’s leadership in value-added aluminium products is evident in its critical applications across key industries. Notably, Vedanta Aluminium achieved the first rank in the S&P Global Corporate Sustainability Assessment 2023 world rankings for the aluminium industry, highlighting its commitment to leading sustainable development practices. With world-class aluminium smelters, an alumina refinery, and power plants in India, Vedanta Aluminium is dedicated to advancing the application of aluminium as the ‘Metal of the Future’ for a more sustainable tomorrow.
The expansion of Vedanta Aluminium’s production capacity is a testament to the company’s ambition and strategic vision in the global aluminium market. This move not only secures Vedanta’s position as a major player but also underscores its commitment to sustainability and innovation. By focusing on vertical integration and expanding its green aluminium product range, Vedanta is setting new industry standards for environmental responsibility. This development is poised to have a significant impact on the global aluminium industry, promoting sustainable growth and innovation.