Vedanta Resources Ltd - Company Profile
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Vedanta Resources Ltd (Vedanta), formerly Vedanta Resources Plc, is a diversified natural resources company. Its major products include zinc, lead, silver, iron ore, steel, copper, aluminum, power, and oil and gas. Its operations span metals and mining, oil and gas, and power generation. The company explores, builds, mines, plans, processes, transports, and markets a range of products, including base and precious metals, and minerals. The company also has under development a port operation business and infrastructure assets. Vedanta’s operations are mainly concentrated in India. It also has operations in Australia, Japan, Namibia, South Africa, South Korea, Liberia the UAE, Ireland, Taiwan and Zambia. Vedanta is headquartered in London, the UK.
Headquarters
United Kingdom
Address
30 Berkeley Square, London, England, W1J6EN
Website
www.vedantaresources.com
Telephone
44 20 74995900
No of Employees
87,500
Industry
Metals and Mining
Revenue (2023)
$18.3B
Vedanta Resources Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Aluminum | Logistics |
| Copper | Stevedoring |
| Zinc | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In September, the company announced its plans to merge with Konkola Copper Mines. |
| 2023 | Contracts/Agreements | In March, the company reached out to sovereign wealth funds and alternative asset managers from the Gulf including Abu Dhabi’s Mubadala, ADQ, Bahrain’s Investcorp and Saudi Arabia’s Public Investment Fund for 10% dilution in the company. |
| 2022 | Plans/Strategy | In September, the company announced its plans to set up its semiconductor manufacturing unit in Gujarat. |
Competitor Comparison
| Key Parameters | Vedanta Resources Ltd | Rio Tinto | BHP Group Ltd | Anglo American Plc | Hindalco Industries Ltd |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United Kingdom | Australia | United Kingdom | India |
| City | London | London | Melbourne | London | Mumbai |
| State/Province | England | England | Victoria | England | Maharashtra |
| No. of Employees | 87,500 | 54,000 | 37,908 | 62,000 | 21,440 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Sunil Duggal | Chief Executive Officer - Vedanta Ltd | Senior Management | 2020 | - |
| Arun Misra | Chief Executive Officer - Hindustan Zinc Ltd | Senior Management | 2019 | - |
| Madhu Srivastava | Chief Human Resources Officer | Senior Management | 2018 | - |
| Ajay Goel | Deputy Chief Financial Officer | Senior Management | 2021 | - |
| Anil Agarwal | Chairman | Non Executive Board | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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