VEDANTA GETS TWO BAUXITE MINES IN ODISHA

Marwar - - All Things [ Great And Small ] -

Ac­cord­ing to me­dia re­ports, the Gov­ern­ment of Odisha has given the green sig­nal to Lon­don­based Vedanta Re­sources, a glob­ally di­ver­si­fied nat­u­ral re­sources com­pany, to mine bauxite from two re­serves with 15 mtpa of bauxite in Odisha. The com­pany has in­vested heav­ily in its alu­minium op­er­a­tions in Odisha, but has been fac­ing short­age of raw ma­te­rial be­cause of lo­cal vil­lagers protest­ing against the com­pany’s min­ing op­er­a­tions in Raya­gada and Kala­handi dis­tricts. Af­ter bag­ging these two mines, 75 per cent of the com­pany’s to­tal re­quire­ment of 20 mtpa of bauxite is likely to be taken care of, help­ing it to nearly dou­ble its cur­rent ca­pac­ity of 1.75 mtpa of alu­minium pro­duc­tion to 3 mtpa.

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