
Vedanta, the Indian metals-to-oil conglomerate led by Anil Agarwal, is actively seeking a global partner for its ambitious expansion projects valued at $20 billion. The projects span various sectors, including zinc, aluminium, copper, iron, steel, oil, gas, and power, as outlined in a recent tender document. This move comes shortly after the completion of a demerger involving the Vedanta-backed firm, which is currently awaiting necessary approvals for its business split. In addition, Vedanta has reported a 1% year-over-year increase in aluminium production, totaling 603 kilotonnes, although it saw a 2% decline quarter-over-quarter. Saleable metal production decreased by 1% year-over-year but increased by 4% quarter-over-quarter, reaching 270 kilotonnes. The company also announced record production levels for both aluminium and zinc in the fourth quarter of fiscal year 2025.
Vedanta reports record aluminium and zinc production in Q4 and FY25 https://t.co/71IJFTB8xW
Indian conglomerate Vedanta seeks global partner for $20 billion expansion plan https://t.co/tp4Q9VJUS2
Vedanta Q4 FY 2025 production numbers: Record aluminium production, new high for Zinc India - Details https://t.co/QenvDdk5KJ
