Annual aluminium production to reach five million tonnes in 5-6 years
Steel

Annual aluminium production to reach five million tonnes in 5-6 years

According to an official from Vedanta Limited, India's aluminium production could reach 5 million tonnes (mt) in the next five to six years, with an increase of about 25% from its current level.

In the AZ China virtual aluminium conference, the Director of Commodities at Vedanta Limited, Deeptaman Mukherjee, said that 4 mt of metal production could reach 5 mt in five to six years.

He added that with the new market participation, 5 mt could reach 5.5-6 mt of aluminium production.

According to Fitch Solutions, the country will be the stand-out growth market for aluminium demand in the coming years with the increasing demand for infrastructure projects. It expects a tripling of the production to 9.5 mt by 2030 from 2.6 mt this year.

Mukherjee said that the expansion of Vedanta's alumina refinery at Lanjigarh, with ramp-ups, will result in enough production of raw materials to fulfil the need of the domestic aluminium smelting industry.

The company is expanding its annual capacity at Lanjigarh to 5 mt from 2 mt of alumina at about Rs 4,681 crore.

He said that the increase in output was expected to be achieved in 12-18 months, and it would reduce its reliance on alumina imports. In 2020, the company produced 1.9 mt of aluminium.

Image Source

According to an official from Vedanta Limited, India's aluminium production could reach 5 million tonnes (mt) in the next five to six years, with an increase of about 25% from its current level. In the AZ China virtual aluminium conference, the Director of Commodities at Vedanta Limited, Deeptaman Mukherjee, said that 4 mt of metal production could reach 5 mt in five to six years. He added that with the new market participation, 5 mt could reach 5.5-6 mt of aluminium production. According to Fitch Solutions, the country will be the stand-out growth market for aluminium demand in the coming years with the increasing demand for infrastructure projects. It expects a tripling of the production to 9.5 mt by 2030 from 2.6 mt this year. Mukherjee said that the expansion of Vedanta's alumina refinery at Lanjigarh, with ramp-ups, will result in enough production of raw materials to fulfil the need of the domestic aluminium smelting industry. The company is expanding its annual capacity at Lanjigarh to 5 mt from 2 mt of alumina at about Rs 4,681 crore. He said that the increase in output was expected to be achieved in 12-18 months, and it would reduce its reliance on alumina imports. In 2020, the company produced 1.9 mt of aluminium. Image Source

Related Stories

Gold Stories

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 86574 75330

Join us Telegram

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back