Vedanta Ltd reports increased aluminium, zinc, and iron ore production in Q3, but steel falls due to shutdowns.

Vedanta Ltd reported increased production of aluminium (up 3% to 609,000 tonnes), zinc (to 262,000 tonnes), and iron ore (to 1.3 million tonnes) in the September quarter. However, steel production fell 22% due to planned shutdowns. The company achieved record half-yearly aluminium production of 1,205 kt, with significant gains in alumina and zinc outputs. Vedanta operates in multiple countries and has seen substantial stock growth over the past year.

October 04, 2024
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