Vedanta aluminium, zinc output rises in Q4FY09

Image
Press Trust of India London
Last Updated : Jan 20 2013 | 8:02 PM IST

NRI billionaire Anil Agarwal-promoted Vedanta Resources Plc today said it has reported an increase in the production of aluminium and zinc in the fourth quarter of the 2008-09 financial year.

The company's aluminium production increased to 1.34 lakh tonnes, up 31.4 per cent from the year-ago period, Vedanta said in a statement.

In 2008-09 fiscal, the metal and mining major produced 4.62 lakh tonnes of aluminium, a 16.7 per cent increase from the year-ago period.

The increase in its quarterly output was primarily due to the 49,000 tonnes produced at its new Jharsuguda aluminium smelter in Orissa. The smelter added 82,000 tonnes to the firm's annual aluminium output.

The company said its mined zinc metal production was up by 26.8 per cent to 1.75 lakh tonnes in the last quarter of the last financial year. The production is also higher by 18.1 per cent to 651,000 tonnes when compared to FY08.

Vedanta attributed the rise in zinc output to commissioning and ramp-up of the stream III concentrator at the Rampura Agucha mine.

Vedanta Resources produces aluminium and zinc from its India-based units. It also has a facility in the country for mining and processing.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 09 2009 | 4:28 PM IST

Next Story