Vedanta’ holding company -- Vedanta Resources has reported a fall in its mined metal production during 2018-19 by 936,000 tonnes as against 947,000 tonnes in the year ago period. The 2018-19 production was entirely from underground mines, which ramped up strongly by 29% on account of 27% increase in ore production and better grades. Therefore, despite closure of open cast operations total mined metal production declined only marginally from a year ago.
The company’s integrated metal production was 894,000 tonnes in line with mined metal production, 7% lower from previous year's record production of 960,000 tonnes. Integrated lead and silver production were a record 198,000 tonnes and 21.8 million ounces, higher by 18% and 22%, respectively. Integrated zinc production was lower 12% in line with the availability of zinc mined metal and higher lead ratio in ore.
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.
