Vedanta's asset
Vedanta

@vedantaresources.com

Vedanta is a global diversified natural resources group operating primarily in India and Africa, and present across four continents.

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About

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Vedanta Resources Limited is a multinational diversified metals and mining company based in the United Kingdom. It was founded in Mumbai, India, in 1976 by Anil Agarwal and later relocated its headquarters to London in 2003. Vedanta is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.


The company operates across several countries and is primarily engaged in the exploration, extraction, and processing of natural resources such as zinc, lead, silver, copper, iron ore, aluminum, and oil and gas. Vedanta has a strong presence in India, where it operates one of the world's largest zinc-lead-silver mines, the Rampura Agucha mine, and the world's second-largest copper mine, the Tuticorin smelter. Its subsidiaries in India include Hindustan Zinc Limited, Vedanta Ltd., and Cairn India.


Vedanta has also expanded its operations globally through various subsidiaries, joint ventures, and partnerships. These include Konkola Copper Mines in Zambia, Skorpion Zinc in Namibia, Bharat Aluminium Company in India, and Sterlite Industries in India. The company has also acquired the assets of Cairn Energy in India and Sesa Goa in India, further expanding its portfolio.


In terms of market position, Vedanta is one of the world's largest diversified natural resources companies. Its global sales revenue reached $10. 9 billion in 2020.


However, it faces competition from other major players in the industry, such as Rio Tinto, BHP Billiton, and Glencore. Over the years, Vedanta has faced some controversies and criticism regarding its environmental and social impact. The company has taken steps to improve its sustainability practices and strengthen its relationships with local communities.


It has also implemented measures to increase energy efficiency and reduce carbon emissions. Currently, Vedanta continues to focus on its core businesses while also exploring opportunities to expand into new markets and sectors. The company strives to drive responsible and sustainable growth, leveraging its expertise in natural resources extraction and processing.


Please note that the information provided is accurate as of the time of writing, and any significant updates or changes may not be reflected in this summary

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Company Type

Public Company

Company Size

501-1000

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