Slide 1: Investor Site Visit
Investor fegeug Site Visit Sy 4
Slide 2: Forward Looking Statement
Forward Looking Statement 01 The views expressed here may contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness, reasonableness or reliability of this information. Any forward-look
Slide 3: Vedanta Aluminium
Vedanta Aluminium India’s Largest Producer John Slaven Chief Executive Officer – Vedanta Aluminium
Slide 4: Industry Value Chain
Industry Value Chain 3:1 Bauxite to Alumina 2:1 Alumina to Aluminium BAUXITE Alumina Refinery ALUMINA Aluminium Smelter ALUMINIUM APPLICATIONS Downstream Aluminium Smelter Power generation Captive Power RE Power Coal Plant Sensitivity: Internal 4 (C3)
Slide 5: Aluminium: The Metal of Future
Aluminium: The Metal of Future Strong Global Demand to be driven by Sunrise Sectors & Emerging Economies Global Semis Demand by Region (MnT) Sectoral Demand (MnT) CAGR (%) CY22 to CY30 CAGR 2.4% 3.3% 4.3% 2.2% 3.0% 3.7% 3.1% 3.3% 2.8% 122 7 35 97 13 80 5 14 11 25 25 3 9 11 29 21 18 12 23 15 14 21 12
Slide 6: Smelter Growth in China has capped prices since early 2000's
Smelter Growth in China has capped prices since early 2000’s Smelter Capacity (MT) 2000 LME USD/t Real USD/t 26 4500 1 4000 3500 2010 3000 52 2500 14 2000 1500 2023 1000 500 79 0 44 2004 Q12006 2004 Q12008 2006 Q12010 2008 Q12012 2010 Q12014 2012 Q12016 2014 2016Q12018 2018Q12020 2020Q12022 2022Q120
Slide 7: Significant upside potential for demand growth
Significant upside potential for demand growth Per capita demand for India is currently at 3.0Kgs vs World average of 12Kgs India is in the first stage of Nation Building Per capita Al consumption to improve as India moves across stages 45 III South Korea, 42.8 Consumption of CY 2022 40 Expertise Bu
Slide 8: Increasing market share in India's strongly growing market
Increasing market share in India’s strongly growing market Growth Rate of India’s GDP vs Aluminium Consumption (%) Aluminum Consumption – India (in kt) 20.0 6000 5,970 16.0 5,496 14.0 5,033 15.0 5000 11.1 4,343 10.0 8.9 3,909 Imports 4000 3,715 3,621 6.8 6.5 7.0 7.0 6.5 3,470 3,427 5.0 4.0 3.7 3000
Slide 9: Irreplicable and Unparalleled Assets
Irreplicable and Unparalleled Assets Sensitivity: Internal 9 (C3)
Slide 10: Demonstrated track record of Operational Excellence in Volume and Cost
Demonstrated track record of Operational Excellence in Volume and Cost Production Volume (in KT) Cost of Production (in $/T) 2,800 2,653 2,400 2,370 2,600 2,291 2,429 2,268 2,400 2,200 +450 kt - 950 $/t 2,200 2,149 2,059 1,969 2,000 1,932 2,000 1,904 1,814 1,800 1,735 1,711 1,800 1,600 FY20 FY21 FY2
Slide 11: Driving profitable growth through balanced vertical integration
Driving profitable growth through balanced vertical integration Projects underway to achieve ~3.1 MTPA of Integrated Supply Vedanta Value Chain FY24 Post Ongoing Capex Projects Bauxite Alumina VAP Bauxite VAP 2 MTPA 1.4 MTPA 2.8 MTPA 3 MTPA (61%) 12 MTPA (90%) Alumina 0.5 MTPA 6 MTPA Hot Metal (Capt
Slide 12: Vedanta among Global Aluminium Leaders
Vedanta among Global Aluminium Leaders Production (MTPA) - CY2023 Currently, at an aggregate levels, Vedanta Aluminium Chinalco 7.1 is placed 8th in the world Hongqiao 6 Rusal 3.8 Xinfa Group 3.6 Ex-China, placed at 4th Rio Tinto 3.3 Vedanta (Post Expansion) 3.1 EGA 2.7 SPIC* 2.5 Post expansion to 3
Slide 13: Our commitment & path to Sustainability excellence
Our commitment & path to Sustainability excellence *UN SDGs Climate 8% GHG reduction | Plantation drive ASI Certified Smelters Community ASI Chain of Custody +27k family empowered People ESG Corporate Sustainability +25k employees | 19% Diversity Credentials 1 Assessment (CSA) Vedanta Aluminium1 Mos
Slide 14: Increasing share of Renewable Energy & Green Aluminium Production
Increasing share of Renewable Energy & Green Aluminium Production RE Mix 6% 10% 20% 25% 285 MW 480 MW 930 MW 1,640kt Absolute reduction 2,500 MW 30% 910 kt 1,400 MW 600 kt Green 310 kt Aluminium 180 kt FY 25 FY 26 FY 27-29 FY 30 Sensitivity: Internal 14 (C3)
Slide 15: Renewable Energy – Photos from our Solar & Wind Project Site
Renewable Energy – Photos from our Solar & Wind Project Site Wind Solar Bauxite Bauxite VAP 2.6 MTPA 3 MTPA 12 MTPA (83%) Alumina 6 MTPA Hot Metal (Captive) Hot Metal Aluminum 3 MTPA 6 MTPA ~3 MTPA Aluminum 2.4 MTPA Coal Coal Power 3.6 MTPA ~35 MTPA 4.9 GW (Captive) ~1.3 GW ~23 MTPA RE PDA1 Sensitiv
Slide 16: Executive Leadership Team
Executive Leadership Team John Slaven Anup Agarwal Sunil Gupta David Stone Alok Ranjan Dilip Sinha Chief Finance Officer Chief Operating Officer Chief Executive Officer, Coal Chief Human Resource Officer Phillip Campbell Chief Executive Officer Chief Marketing Officer +26 years experience in +30 yea
Slide 17: Key Messages
Key Messages Strongly growing Home ground Local, vertically- Exclusive focus on ~3.1 MTPA demand for Metal of advantage in India, integrated supply value-added production at the Future to enable with market chain enabling products to meet $1,350/T EBITDA energy transition expected to double industry
Slide 18: Marketing
Marketing Enabling India’s Rapid Growth Alok Ranjan Chief Marketing Officer, Vedanta Aluminium
Slide 19: Consumption Snapshot – India vs World Ex. China
Consumption Snapshot – India vs World Ex. China India Consumption by Segment – CY24 World Ex. China Consumption by Segment – CY24 Packaging & Others Foil Stock Packaging & Electrical Others Machinery & Equipment 5% 2% 17% 13% 6% Electrical 36% Foil Stock Construction 12% 5% Machinery & 8% Equipment
Slide 20: Aluminium Landscape
20 Sensitivity: Internal (C3) Aluminium Landscape
Slide 21: Strategic Approach
Strategic Approach Right Product Value Addition Capacity expansion plan in Industry first, end-to-end digital line with market demand solution for empowering the customer Developing an Eco-system Creating a healthy cohort in the vicinity for downstream industries Sensitivity: Internal 21 (C3)
Slide 22: Adding VAP capacities in line with Market
Adding VAP capacities in line with Market 0 200 400 600 800 1,000 1,200 0 200 400 600 800 1000 1200 Total VAP Capacity (KT) VAP % 1,250 1,250 Billet Billet 3000 580 580 2,790 90% 670 670 2500 Wire WireRod Rod 555 556 360 360 2000 PFA PFA 61% 140 140 1500 1,444 140230 Hot Metal Sales AlSi 40 84 1000
Slide 23: Comprehensive product range catering to broad customer base
Comprehensive product range catering to broad customer base Billets 1xxx,3xxx,6xxx Wire Rod 1xxx,6201 T4,Al59,8xxx Primary Foundry Alloy A-356,LM Rolled Product 1xxx,3xxx,8xxx Sensitivity: Internal 23 (C3)
Slide 24: Aluminium Park - Jharsuguda
Aluminium Park - Jharsuguda Vedanta Aluminium Park is a joint venture between Vedanta Aluminium and the Odisha Industrial Infrastructure Development Corporation (IDCO), to promote setting up of downstream industries. Common amenities and Land area of ~250 acres utilities such as power identified and
Slide 25: Vedanta Metal Bazaar
Vedanta Metal Bazaar To enhance ease of doing business for customers, Vedanta Aluminium launched Overview Vedanta Metal Bazaar, an innovative e-commerce platform(Web & App) poised to revolutionize the aluminium buying experience. First in the non-ferrous industry Reliable panel of channel which mana
Slide 26: Mines
Mines Mining for the Future David Stone Chief Executive Officer – Coal Mines, Vedanta Aluminium
Slide 27: 100% Vertical Integration from Mine to Metal
100% Vertical Integration from Mine to Metal COAL MINES BAUXITE MINES Jamkhani Kuraloi Sijimali OMC/Others MINEABLE MINEABLE Domestic 120 150 300 70 RESOURCE (MnT) RESOURCE (MnT) Raw CAPACITY 3 8 CAPACITY 12 3-6 material (MTPA) (MTPA) security Ghogharpalli Radhikapur Total MINEABLE 600 130 MINEABLE
Slide 28: Mine Development tracking well through approval processes
Mine Development tracking well through approval processes Letter of Mine Plan Environmental Forest Forest CTE + CTO Mine Allocation Approval Clearance Clearance I Clearance II Operation Jamkhani Radhikapur Kuraloi Ghogharapalli Sijimali Coal Completed 28 Sensitivity: Internal (C3) Bauxite
Slide 29: Vedanta Lanjigarh
Vedanta Lanjigarh God’s Own Factory Pranab Bhattacharyya Chief Executive Officer, Vedanta Lanjigarh
Slide 30: Growth Journey of Alumina Refinery
Growth Journey of Alumina Refinery Ground- 0.9 MTPA 3MTPA Breaking Capacity Expansion Debottleneck to Train 1 6MTPA Total – 3.5 MTPA Bauxite 1.2MTPA 3MTPA Charging Debottlenecking Expansion & to 2MTPA Train 2 First Alumina Total – Dispatch 5MTPA 2003 2012 2024 2026 2007 2022 2025 Sensitivity: Intern
Slide 31: Refinery Technical Overview
Refinery Technical Overview 2 MTPA 3 MTPA • Capacity – 3*30 MW (90MW) • Capacity – 2*50MW, 1*30 MW • 3 Boilers, 3 Turbines (150MW) • Boiler capacity – 287 tph steam • 3 Boilers, 3 Turbines Captive Power Plant Power Plant • Boiler capacity – 320 tph steam Captive Power Plant • Major OEM - Wuxi & Hang
Slide 32: Lanjigarh Footprint
Lanjigarh Footprint Close Proximity to Mines and Reaching out to Smelters >90,000 people across 67 villages near Lanjigarh Lanjigarh is in the socio – economically backward district of Kalahandi First Ever fully automated Red mud filtration in India with solid disposal system Land area of ~2,800 acr
Slide 33: Bharat Aluminium Company (BALCO)
Bharat Aluminium Company (BALCO) India’s Iconic Aluminum Producer Rajesh Kumar Chief Executive Officer, BALCO Sensitivity: Internal (C3)
Slide 34: BALCO Journey – Since Inception
BALCO Journey – Since Inception Commissioning of Inception of India’s Properzi (Wire rod) 51% BALCO GAMI Hall Heroult First 10kgs alloy Installation of PFA-10 Foundation of Growth 1st iconic Aluminium unit commissioned. disinvested to Smelter Technology ingot production kg Ingot for project from 570
Slide 35: BALCO Technical Overview
BALCO Technical Overview Products/Applications Potline Rolled Product Power Plants Automotive, Insulations, • Prebaked Technology Bus Bars, Power Projects, • Current : 320 KA Electrical, Packaging POWER PLANT I • 624 pots Capacity: 540 MW (4 X 135 MW) Alloy Ingot Existing Production: Wire Rod & Allo
Slide 36: BALCO Footprint
BALCO Footprint India’s iconic Aluminium Producer for the last 59 years BALCO is in the industrial district of Korba, First in Chattisgarh to induct Chhattisgarh spread LGBTQIA+ in workforce across 978 acres across various functions Post expansion will break into State of the art Medical Centres the
Slide 37: Vedanta Jharsuguda
Vedanta Jharsuguda World’s Largest Smelter Sunil Gupta Chief Operating Officer, Vedanta Aluminium Chief Executive Officer, Vedanta Jharsuguda Sensitivity: Internal (C3)
Slide 38: Jharsuguda Plant Journey
Jharsuguda Plant Journey Vedanta’s first Billets and 1.25 MTPA, Smelter 2 Commissioning of Pot- Capacity expanded to Capacity expanded to Greenfield Project Wire Rods. (SEZ) commissioned in line-6. Aug’20 1.75 MTPA 1.8 MTPA Sep’14 2005 2009 2014 2020 2022 2024 2008 2010 2018 2021 2023 First Hot Meta
Slide 39: Largest Smelter in the World
Largest Smelter in the World 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 2,000 Jharsuguda 1,762 Xinjiang Xinfa 1,700 Alba 1,620 EMAL 1,510 Zouping 1,457 Gansu Jiayuguan 1,350 DUBAL 1,160 Xinjiang Tianshan 1,156 Yunnan Hongtai 1,082 Krasnoyarsk 1,013 Vedanta China Rest of World 39 Sensitivity: In
Slide 40: Jharsuguda Highlights
Jharsuguda Highlights 1st in Asia and 2nd in World to get Energy Management Certification 60+ country Largest Captive Powerplant clientele base in India 3,015MW India’s first producer of World’s largest Low Carbon Green Wire rod Producer Aluminium (Ex-China) First Primary smelter in India World’s la
Slide 41: Location Advantage
Location Advantage Proximity to coal mines and Water resource • Major Coal beds in Orissa • Coal fields are around 50 kms radius • 24% share of the coal deposits in India • 75 bt out of 300 bt • Water from Hirakud Reservoir. Proximity to Captive Alumina Source of Lanjigarh Refinery • 2MTPA increasin
Slide 42: Power Plants Overview
Power Plants Overview P-1 – 9 x 135 MW ISO 9001, 14001, 50001, Water source: P-2 – 4 x 600 MW 55001 & OHSAS 18001 Hirakud Reservoir Coal Source: Mahanadi Coal Fields High Concentration Slurry Hybrid ESP with SPM level Captive mine - Jamkhani Disposal < 50 mg/Nm3 EPC Plant Turbine O&M Contractor Capa
Slide 43: Smelter Overview
Smelter Overview Smelter 1 (DTA) Smelter 2 (SEZ) • Technology – GAMI-320 Prebake • Technology – GAMI-340 Prebake • No. of Lines – 2 • No. of Lines – 4 • No. of Pots – 608 • No. of Pots – 1322 • Pot Amperage – 325 KA • Pot Amperage – 340 KA Pot Room • Design Capacity – 500 KTPA • Design Capacity – 12
Slide 44: Cast House Overview
Cast House Overview DTA SEZ Sow Ingots Aluminium Silicon (AlSi) T-Ingots Hot/Liquid Metal Automotive, Electrical, Building & Construction, Any Application Building & Construction, Automobile, Transportation, Ingot / Primary Ingot / Primary Electrical, Appliances, Re- Re-melting melting Foundry Alloy
Slide 45: People: Our Biggest Asset
People: Our Biggest Asset Recognitions for Industry-leading Workforce diversity is 19% with an Culture people practices, culture, leadership aim to increase it to 30%. Diversity Diversity development initiatives and extending to LGBTQIA+. foremost, the focus on wellbeing Young Workforce Very young w
Slide 46: Key Takeaways
Key Takeaways Market Outlook Vedanta’s competitive advantage Value Creation 2x 1st quartile in 1st in S&P Global Strong demand outlook for Metal global cost curve Corporate Sustainability EBITDA Margin $1,350/T of the Future Assessment Extraordinary growth of India’s domestic market – set to double
Slide 47: Thank You
Thank You Transforming Together Inclusive Responsible Value-accretive Delivery Sensitivity: Public (C4)