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

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

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.

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.

Next Story
Infrastructure Transport

Mumbai-Ahmedabad Bullet Train Set to Launch by 2028

India’s first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India’s infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..

Next Story
Infrastructure Transport

Mumbai-Gandhinagar Train Service Enhances Passenger Capacity

The Mumbai Central–Gandhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India’s busiest business corridors. This upgrade, effective from 11 May, raised the train’s seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai–Ahmedabad–Gandhinagar route, which regularly operates at over 150 percent seat occupancy...

Next Story
Infrastructure Urban

Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently

Delhi’s ambitious plan to improve the water quality of the Yamuna River has gained significant momentum as the Delhi Jal Board (DJB) has begun work on 12 new sewage treatment plants (STPs) aimed at reducing the volume of untreated sewage being discharged from the Najafgarh Drain.This initiative forms part of the ongoing efforts to clean the Yamuna and restore the river’s health, which has long been a critical environmental issue for the national capital. Given the alarming pollution levels in the Yamuna, experts and officials consider this project a vital step toward addressing the persist..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?