Vedanta Aluminium, a prominent player in the global aluminium industry and India's leading metal producer, has recently joined the International Aluminium Institute (IAI), solidifying its position among the world's largest aluminium producers. As the sole representative of the global primary aluminium sector, the IAI plays a crucial role in shaping industry standards and practices.
{alcircleadd}“We are thrilled to be joining the International Aluminium Institute (IAI) towards strengthening our unwavering commitment to advancing sustainability within the aluminium industry. In this pursuit, we are also focused on leveraging the latest innovations and technology to enhance our operations. As a member, we will collaborate with IAI and other industry leaders to promote and contribute to a more sustainable future for the entire aluminium value chain. We are excited about this partnership and look forward to making a meaningful impact together,” said Mr John Slaven, CEO, Vedanta Aluminium.
In the fiscal year 2023, Vedanta Aluminium achieved a significant milestone by manufacturing 2.29 million tonnes of aluminium, contributing to nearly 60 per cent of India's total aluminium production. This accomplishment places the company among this versatile metal's top 10 global producers. It is recognised for its pivotal role in facilitating the world's energy transition and supporting essential engineering technologies and sustainable applications.
The IAI, established in 1972, is dedicated to fostering a broader understanding of the aluminium industry's activities, promoting responsible production, and emphasizing the potential benefits of aluminium in sustainable applications. Its membership comprises leading global companies in bauxite, alumina, and aluminium.
With a robust global presence, Vedanta Aluminium operates in markets spanning over 60 countries, catering to diverse industries such as automotive, building and construction, electrical, consumer goods, and packaging. Its high-quality aluminium products are crucial in critical applications across various sectors, including emerging areas like electric vehicles, renewables, high-tech manufacturing, aerospace, and defence.
"Vedanta aligns with the IAI's values and goals for a safe, fair and sustainable global aluminium industry, and so we are delighted to welcome them into our membership. As one of the world's top aluminium producers, Vedanta Aluminium's membership strengthens the global voice of the IAI and that of a sustainable aluminium industry," said Mr Miles Prosser, IAI Secretary General.
By becoming a member of the IAI, Vedanta Aluminium is poised to contribute actively to advancing global aluminium industry standards, leveraging its extensive experience and commitment to sustainability. As the demand for aluminium continues to rise, especially in sectors driving technological innovation and environmental conservation, Vedanta Aluminium's strategic position within the IAI positions it as a key player in shaping the future of the aluminium industry.
Renowned for its leadership in value-added aluminium products crucial to core industries, Vedanta Aluminium holds the 2nd position in the Dow Jones Sustainability Index (DJSI) 2022 world rankings for the aluminium industry. This ranking underscores the company's commitment to sustainable development practices.With state-of-the-art aluminium smelters, an alumina refinery, and power plants located in India, Vedanta Aluminium is dedicated to realising its mission of propelling emerging aluminium applications as the 'Metal of the Future' for a greener tomorrow.
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