Vedanta Resources is a London-based natural resources group, diversified in operations.
We currently operate in India, Zambia, Namibia, South Africa, Liberia, Ireland and Australia, with extensive interests in aluminium, copper, zinc, lead and silver. We employ over 31,000 people in our various locations. In December 2003, we proudly became the first Indian company to be listed on the London Stock Exchange.
Our vision is to be a world class, diversified resources company providing superior returns to our shareholders with high quality assets, low cost operations, and sustainable development.
We have undertaken several greenfield and brownfield expansion projects in a number of locations in order to achieve this goal. The capital expansions completed in the first phase involved fairly complex project technologies and large investments. We completed these expansions in record time, at costs significantly lower than international benchmarks, and now, the next phase of the expansion pipeline is currently underway.
“With our industry leading organic growth programme and the successful integration of our recent acquisitions, Vedanta is well placed to capitalise on the positive outlook for commodities.”
- Chairman, Anil Agarwal
For more than thirty years, we have continually demonstrated our ability to deliver major value-creating projects, offering unparalleled growth at lowest costs and generating superior financial returns for our shareholders. At the same time, we continue to ensure that our expansion projects meet high conservative financial norms and do not place an unwarranted burden on our balance sheet and financial resources.
We develop and manage a diverse portfolio of mining and metals businesses to provide attractive returns to our shareholders, whilst always carrying out our activities in a socially and environmentally responsible manner, creating value for the communities where we operate. As one of the largest natural resources groups in India, we remain continually committed to managing our business in a socially responsible manner. The management of environment, employees, health and safety and community issues, in respect of our operations is central to the success of our business.
The majority of our operations are certified to the International Management Systems Standard ISO 14001. We have also won numerous awards for safety and environment: we won the 2005 Recognition of Commitment Award from the Institute of Internal Auditors, USA, for our demonstrated strengths and continued focus on achieving operational efficiencies and process
improvements. Vedanta is the only manufacturing company out of a total of four Indian companies to have ever received this award; the other recipients from India are in the technology and banking sectors.