Vedanta Limited, the largest diversified natural resources company in India, plans to to demerge its business units into independent “pure play” companies. The company stated that this will simplify Vedanta’s corporate structure and unlock value and attract investment into the expansion and growth of each of the businesses. More than 90% of Vedanta Ltd’s profits […]
By Alton Tabereaux, Contributing Editor. Sixty-eight million tonnes of primary aluminum were produced worldwide in smelters in 2021. According to the Aluminium Stewardship Initiative (ASI), the aluminum sector was directly responsible for 275 million tonnes of CO2 emissions in 2021, a 2% increase over the previous year. If the indirect emissions from electricity are included, the […]
Bharat Aluminium Company Limited (BALCO), a subsidiary of Vedanta Aluminium, successfully conducted trial runs for using biodiesel in its smelter operations in Korba, Chhattisgarh, India. This is in line with the company’s ambitious target to become net zero carbon by 2050 or sooner. Towards this end, BALCO is looking at increasing the quantum of renewables […]
