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Posts Tagged ‘Vendata Group’

We are an LSE-listed diversified FTSE 100 metals and mining company, and India’s largest non-ferrous metals and mining company based on revenues. Our business is principally located in India, one of the fastest growing large economies in the world.

In addition, we have additional assets and operations in Zambia and Australia. We are primarily engaged in copper, zinc, aluminium and iron ore businesses, and are also developing a commercial power generation business.

We have experienced significant growth in recent years through various expansion projects for our copper, zinc and aluminium businesses and our acquisition of Sesa Goa in April 2007, which enabled us to enter the iron ore business. Revenue from our businesses increased from $3,701.8 million in fiscal 2006 to $7,930.5 million in fiscal 2010, representing a compound annual growth rate of 21%.

Major corporate events
Year Events

1995 Acquires 80% of MALCO, an integrated aluminium producer in southern India. Establishes Sterlite, an aluminium producer
1997 Commissions the copper smelter at Tuticorin, the first private sector smelter in India
1999 Acquires Copper Mines of Tasmania Pty Ltd and Thalanga Copper Mines Pty Ltd to source copper concentrate for the Tuticorin plant
2001 Acquires a 51% interest in BALCO, an integrated aluminium producer in central India, from the Government of India. Acquires a 26% stake in HZL, an integrated zinc and lead producer, from the Government of India and a further a 20% through a compulsory open market offer
2003 Exercises option to acquire a further 19% in HZL to take the total holding to approximately 65%. Vedanta Resources plc listed on the London Stock Exchange, raising US$825m
2004 Acquires a 51% stake in Konkola Copper Mines, Zambia. The largest producer of copper on the Zambian copper beltvv
Vendata Group

Vendata Group

Website: http://www.vedantaresources.com