Vedanta Aluminium joins IAI
ECONOMY & POLICY

Vedanta Aluminium joins IAI

Vedanta Aluminium, among the world?s largest producers of aluminium - has become the newest member of the International Aluminium Institute (IAI). The International Aluminium Institute is the only body representing the global primary aluminium industry. Vedanta Aluminium is also India?s largest producer of the metal, manufacturing 2.29 million tonnes of aluminium in FY23, nearly 60% of the nation?s aluminium. This places the company among the world?s top 10 biggest producers of the metal, widely acknowledged as the ?metal of the future? for enabling the world?s energy transition while supporting key engineering technologies and sustainable applications.

Vedanta Aluminium operates in markets across the globe with customers in over 60 countries. Its products find critical applications across a vast gamut of industries such as automotive, building and construction, electricals, consumer goods and packaging, sunrise sectors such as electric vehicles, renewables, high-tech manufacturing, aerospace and defence.

Commenting on the membership, John Slaven, CEO, Vedanta Aluminium said, ?We are thrilled to be joining the International Aluminium Institute (IAI) towards strengthening our unwavering commitment to advancing sustainability within the aluminium industry. In this pursuit, we are also focused on leveraging the latest innovations and technology to enhance our operations. As a member, we will collaborate with IAI and other industry leaders to promote and contribute to a more sustainable future for the entire aluminium value chain. We are excited about this partnership and look forward to making a meaningful impact together.?

Miles Prosser, IAI Secretary General said, ?Vedanta aligns with the IAI?s values and goals for a safe, fair and sustainable global aluminium industry, and so we are delighted to welcome them into our membership. As one of the world?s top aluminium producers, Vedanta Aluminium?s membership strengthens the global voice of the IAI and that of a sustainable aluminium industry.?

The IAI aims to promote a wider understanding of the aluminium industry?s activities, encourage responsible production, and highlight the potential benefits to be realised through aluminium?s use in sustainable applications. Established in 1972, the current IAI membership includes the leading bauxite, alumina and aluminium companies globally.

Vedanta Aluminium, a business of Vedanta, is India?s largest producer of aluminium, manufacturing more than half of India?s aluminium i.e., 2.29 million tonnes in FY23. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 2nd in the Dow Jones Sustainability Index (DJSI) 2022 world rankings for aluminium industry, a reflection of its sustainable development practices.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Vedanta Aluminium, among the world?s largest producers of aluminium - has become the newest member of the International Aluminium Institute (IAI). The International Aluminium Institute is the only body representing the global primary aluminium industry. Vedanta Aluminium is also India?s largest producer of the metal, manufacturing 2.29 million tonnes of aluminium in FY23, nearly 60% of the nation?s aluminium. This places the company among the world?s top 10 biggest producers of the metal, widely acknowledged as the ?metal of the future? for enabling the world?s energy transition while supporting key engineering technologies and sustainable applications. Vedanta Aluminium operates in markets across the globe with customers in over 60 countries. Its products find critical applications across a vast gamut of industries such as automotive, building and construction, electricals, consumer goods and packaging, sunrise sectors such as electric vehicles, renewables, high-tech manufacturing, aerospace and defence. Commenting on the membership, John Slaven, CEO, Vedanta Aluminium said, ?We are thrilled to be joining the International Aluminium Institute (IAI) towards strengthening our unwavering commitment to advancing sustainability within the aluminium industry. In this pursuit, we are also focused on leveraging the latest innovations and technology to enhance our operations. As a member, we will collaborate with IAI and other industry leaders to promote and contribute to a more sustainable future for the entire aluminium value chain. We are excited about this partnership and look forward to making a meaningful impact together.? Miles Prosser, IAI Secretary General said, ?Vedanta aligns with the IAI?s values and goals for a safe, fair and sustainable global aluminium industry, and so we are delighted to welcome them into our membership. As one of the world?s top aluminium producers, Vedanta Aluminium?s membership strengthens the global voice of the IAI and that of a sustainable aluminium industry.? The IAI aims to promote a wider understanding of the aluminium industry?s activities, encourage responsible production, and highlight the potential benefits to be realised through aluminium?s use in sustainable applications. Established in 1972, the current IAI membership includes the leading bauxite, alumina and aluminium companies globally. Vedanta Aluminium, a business of Vedanta, is India?s largest producer of aluminium, manufacturing more than half of India?s aluminium i.e., 2.29 million tonnes in FY23. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 2nd in the Dow Jones Sustainability Index (DJSI) 2022 world rankings for aluminium industry, a reflection of its sustainable development practices.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement