Q1 FY25: Vedanta sees rise in production of steel, zinc, etc

05 Jul 2024 CW Team

Iron ore, steel, zinc, aluminium, and zinc output all increased in the June quarter, according to mining behemoth Vedanta Ltd. However, throughout the quarter, there was a decline in the production of gas and oil as well as mined metal from elsewhere. Vedanta stated in a report to the BSE that the company's output of aluminium increased by 3% to 5,96,000 tonne in the first quarter compared to the same period last year. The saleable metal output at Zinc India increased to 2,62,000 tonne from 2,60,000 tone.When Zinc International was in operation, the output of mined metal fell to 38,000 tonnes, compared to 68,000 tonnes in the first quarter of FY24. In the meantime, output of oil and gas fell 17% year over year to an average daily gross operational production (boepd) of 112,400 for the quarter, down from 134,900 boepd. Over the same period last year, the production of marketable iron ore increased to 1.3 million tonnes from 1.2 million tonnes. In the April?June quarter of the previous fiscal year, electricity sales increased by 13% to 4,791 million units from 4,256 million units, while the total output of saleable steel increased by 10% to 3,56,000 tonne. One of the top natural resource companies in the world, Vedanta Ltd. is a subsidiary of Vedanta Resources Ltd. and operates in several countries, including India, South Africa, Namibia, Liberia, the UAE, Korea, Taiwan, and Japan. It has major operations in the areas of oil and gas, zinc, lead, silver, copper, iron ore, steel, nickel, aluminium, and power.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..