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Vedanta starts getting bauxite from Odisha Mining Corporation

Time:Mon, 10 Sep 2018 07:28:55 +0800

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 Vedanta, for the first time, received bauxite from state-owned Odisha Mining Corporation's Kodingamali mines recently. Vedanta Limited's External affairs (Head) Sanjeev Kumar said "Though OMC at present meets only 5% of our bauxite requirement, we look forward to get more raw material by taking part in auctions of other mines in Odisha. Vedanta is optimistic about getting about 3 million tons of bauxite, which is 50% of its need, to run the 2 mtpa refinery from the OMC by year end.’

He said ‘The company could utilise only 1.2 mtpa capacity of the refinery due to raw material shortage despite obtaining Consent to Operate (CTO) for 2 mtpa. Encouraged by supply of bauxite from the state-owned Odisha Mining Corporation (OMC), Vedanta Limited is optimistic about completion of its refinery expansion project. Company would require about 12 million tons of bauxite after expansion of its refinery to 4 mtpa.”

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