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Vedanta planning to expand alumina refinery in Odisha

24 Aug 2018 Evaluate

Vedanta is planning to expand its alumina refinery at Lanjigarh in Odisha to 6 million tonnes per annum by 2021. The company will use alternate bauxite resources as it looks beyond the failed Niyamgiri experiment. The Lanjigarh plant produced around 1.2 million tonnes of alumina last fiscal and has a current capacity of 2 million tonnes.

The company has sufficient alternative resources of bauxite available to feed the expansion and has moved beyond the previously pursued high-quality bauxite beneath the pristine Niyamgiri hills.

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.

Peers
Company Name CMP
Hindalco Industries 981.90
Vedanta 264.35
Hindustan Zinc 576.05
Jain Resource Recycl 284.70
CMR Green Tech 216.55
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