Vedanta has announced a USD 1.5 billion investment to significantly scale up its aluminium smelting capacity and increase the share of value-added aluminium products. This strategic move is part of the company’s broader ambition to strengthen its position in the non-ferrous metals sector, especially in aluminium and zinc.
The investment will be channelled towards enhancing smelter output and expanding product offerings within the aluminium portfolio. Simultaneously, Vedanta aims to grow its zinc alloy production through its subsidiary, Hindustan Zinc (HZL), which had already commissioned a 30 kilotonne per annum facility in Rajasthan.
Vedanta is also actively building its presence in critical minerals, aligned with India’s push for mineral security. It is exploring and developing resources such as copper, nickel, cobalt, chromium, vanadium, tungsten, and PGEs across Indian states including Maharashtra, Rajasthan, Bihar, Arunachal Pradesh, Karnataka, and Chhattisgarh.
In the latest critical mineral blocks auction, Vedanta secured key assets, including vanadium and graphite in Arunachal Pradesh and a poly-metallic mine containing cobalt, manganese, and iron in Karnataka. HZL won tungsten and associated mineral blocks in Andhra Pradesh and Tamil Nadu.