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