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via livemint.comBusiness & Companies

Vedanta bets on captive bauxite amid pricing dispute with Odisha Mining Corp

FROM THE WIRE · LIVEMINT.COM

The company received a long-pending consent to operate its Sijimali bauxite mine in Odisha in September and now plans to begin production this financial year itself, targeting 1 million tonnes of output. The production is expected to rise to 5-6 million tonnes in FY28.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralMining production plan relevant to the group, but a pricing dispute remains open.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Vedanta received consent in September to operate its Sijimali bauxite mine in Odisha.
  2. 02The group plans to start production this financial year, targeting 1 million tonnes.
  3. 03Output is expected to rise to 5-6 million tonnes in FY28.

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