Vedanta, India’s largest producer of aluminium and its value-added products, has signed a memorandum of understanding (MoU) for value-creation from bauxite residue (red mud), which is a by-product generated during processing of bauxite into alumina using the Bayer process.
Bauxite is the primary ore for aluminium that undergoes an intermediate refining stage to produce alumina, which then undergoes electrolysis for producing aluminium. Abundantly available on the Earth's crust, mining of bauxite is one of the most inherently sustainable mining processes.
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.
| Company Name | CMP |
|---|---|
| Hindalco | 1022.95 |
| Vedanta | 774.30 |
| Hindustan Zinc | 595.00 |
| Jain Resource Recycl | 419.20 |
| Gravita India | 1667.50 |
| View more.. | |
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