Vedanta Posts Record Aluminium and Zinc Output in Q4 & FY25
Annual aluminium production rose by 2 per cent year-on-year to 2,421 kt, while fourth-quarter output increased by 1 per cent. Alumina production recorded a 9 per cent annual growth, supported by capacity expansion initiatives. However, quarterly output was briefly impacted by supply chain issues, which were resolved by the end of the period.
In the zinc segment, India operations reported record highs with mined metal production reaching 1,095 kt and refined metal at 1,052 kt, both increasing 2 per cent year-on-year. Fourth-quarter mined metal output rose 17 per cent sequentially, driven by higher grades at the Agucha and Zawar mines. Refined metal output increased 4 per cent, while saleable silver production grew 10 per cent during the quarter.
Zinc International posted a 52 per cent year-on-year increase in mined metal production, with a 9 per cent rise from the previous quarter. Gamsberg operations saw significant growth, with fourth-quarter production up 89 per cent year-on-year and 15 per cent sequentially due to better recoveries and improved grades.
Oil and gas output from OALP blocks reached 3.5 kboepd in the fourth quarter, supported by the ramp-up of the Jaya discovery. The annual average gross operated production across all assets stood at 103.2 kboepd.
Iron ore production increased 36 per cent sequentially, driven by higher inventory usage and mine ramp-ups. Pig iron reached a record high with a 4 per cent annual rise. Steel output grew 4 per cent year-on-year and 8 per cent sequentially, supported by operational efficiencies. Ferro chrome production under FACOR also rose by 4 per cent year-on-year.
News source: CNBC TV18