Aluminium production for the first half of the year stood at 1,281 KT, also the company’s highest-ever half-yearly production. The company said the production was supported by new smelter volumes and efficiency of existing lines.
BALCO has commissioned the second zone of its 525 kA smelter potline, described by the company as the first of its kind in the world outside China. With this commissioning, the operational capacity has reached 50% of the planned 435 KTPA expansion.
Vedanta Aluminium also reported record quarterly alumina production of 895 KT and half-yearly production of 1,721 KT, reflecting the ramp-up and stabilisation of the expansion circuit.
The company said its value-added production capabilities were enhanced over the last two quarters in response to accelerating demand from the Asian automotive segment and growing domestic downstream demand.
Vedanta Aluminium also said it has obtained Consent to Operate (CTO) for the Sijimali Bauxite Block.
Vedanta Aluminium Metal Ltd shares closed 2.40% lower at ₹403 on October 1.Also Read: ‘Si’licon Valley & Washington affAIr goes official