Vedanta Resources Plc history, profile and corporate video

 Vedanta Resources Plc is a diversified metals and mining company with interests in aluminum, copper, zinc, lead, silver, iron ore, oil and gas and power. It operates through the following segments: Zinc, Iron Ore, Copper, Aluminium, Power and Oil & Gas. The company’s copper business is operated in India, Zambia and Australia. It also owns the Mt. Lyell copper mine in Tasmania, Australia, which provides a small percentage of Sterlites copper concentrate requirements. Its zinc business is owned and operated by Hindustan Zinc Ltd. and aluminium business is primarily owned and operated by Bharat Aluminium Co. and its iron ore business is operated by Sesa Goa Ltd. and commercial power generation business comprises of the sale of power. Vedanta Resources was founded by Anil Kumar Agarwal in 1976 and is headquartered in London, the United Kingdom.

“Vedanta Resources Story

Vedanta Resources is a London Stock Exchange listed, globally diversified natural resources major with interests in Zinc, Lead, Silver, Copper, Iron Ore, Aluminium, Power and Oil & Gas.

Our exploration portfolio from all the four continents that we operate in, follows a history of consistent geological discovery. With a business model of growth, constant value creation and improved operations, the company’s vision is focussed towards building the wealth of our shareholders and sustainably engaging the community we operate in.

Accountability being a core characteristic of Vedanta’s work philosophy, our long term business approach adopts best practices towards fulfilling vital customer needs in a safe and responsible manner.

Our people are dedicated towards continuously reviewing strategic plans to keep in line with the variables of opportunity, innovation and focus. Vedanta’s success as a diversified resources major is due to a constant awareness of the impact we make on the lives of those working with us. Be they our people and their families or our business partners, we give back to the community that constantly nurtures us through economic and other developments in our host countries.

At the broadest level, we do this by directly employing over 28,000 people, and contracting around 60,000 more, with the majority drawn from the surrounding communities of each of our operations* This is in addition to our contribution to the countries we operate in through the timely payments of our tax obligations. We contributed US$ 4.7 billion to our host governments through direct and indirect taxes and royalties. In addition we have spent over US$ 10.9 billion in operating costs, over US$ 500 million in wages and benefits and some US$ 38 million in community investments.

We work towards minimizing the effect of our operations on the environment and to maximise the benefits for the local communities, while respecting their laws and customs. To ensure a long-term future of the Group, we aim to grow our reserves and resources at a faster rate than we deplete them through constant exploration and acquisitions.”

*Information from Forbes.com and Vedantaresources.com

**Video published on YouTube by “Vedanta Group