Vedanta plans bauxite output after Odisha mine clearance
In short
Vedanta got permission in September to operate its Sijimali bauxite mine in Odisha. It now plans to start production this financial year and aims for 1 million tonnes first.
The company expects output to rise to 5 million to 6 million tonnes in FY28, as it deals with a pricing dispute with Odisha Mining Corp.
What the reporting says
Vedanta received long-pending consent to operate its Sijimali bauxite mine in Odisha in September and now plans to start production this financial year. The company is targeting 1 million tonnes of output initially, with production expected to rise to 5 million to 6 million tonnes in FY28. The move comes amid a pricing dispute with Odisha Mining Corp.
Why it matters
Vedanta received consent in September to operate its Sijimali bauxite mine in Odisha and plans to begin production this financial year. It is targeting 1 million tonnes of output first, rising to 5 million to 6 million tonnes in FY28. The plan is linked to a dispute with Odisha Mining Corp, which keeps the supply and pricing issue in focus for the company.