Vedanta Limited · NSE:VEDL
Vedanta — Bank of America Global Metals, Mining and Steel Conference 2024
22 slides from Vedanta's conference presentation, May 15, 2024
Slide 1: Vedanta - Bank of America Global Metals, Mining and Steel Conference 2024
VEDANTA Bank of America Global Metals, Mining and Steel Conference - 2024 Sensitivity: Internal (C3)
Slide 2: Vedanta Overview & ESG
Vedanta Overview & ESG Priya Agarwal Hebbar Chairperson – Hindustan Zinc Ltd & Non-Executive Director, Vedanta Limited 2 Sensitivity: Internal (C3)
Slide 3: India's Growth & Vedanta
India’s Growth & Vedanta India is the next global growth engine, Vedanta is 25 years young, aggressive set to become the 3rd largest on growth. Our products act as raw economy by 2027 material to 6000+ companies in India Globally, energy transition & IR 4.0 Vedanta is uniquely diversified, would be
Slide 4: Vedanta's Unique Portfolio
Vedanta’s Unique Portfolio Sensitivity: Internal (C3) 4
Slide 5: Our commitment to excellence – our path to leadership
Our commitment to excellence – our path to leadership Transforming Communities Aim 1 Keeping community welfare at the core of business Key Highlights decisions Aim 2 Empowering over 2.5 million families with enhanced skillsets 50+ million 6000+ Nandghar Established – Children and Aim 3 Uplifting ove
Slide 6: Vedanta - India's Natural Resources Champion
Vedanta - India’s Natural Resources Champion 1 2 3 Aluminium | Zinc-Lead-Silver | Oil & Gas | Iron & Steel | Power Copper | Ferro Chrome | Nickel | Electronics and Display $17 Bn $4.7 Bn* FY24 Revenue FY24 EBITDA $13 Bn $16 Bn Dividend over the last decade Capex over the last decade 1 4 st quartile
Slide 7: Demerger: Tomorrow - Streamlined pure-play "Asset Owner" model
Demerger: Tomorrow - Streamlined pure-play “Asset Owner” model Vedanta Inc / VRL 62% 62% 62% 62% 62% Aluminum Power Base Metals Oil & Gas Steel & Ferrous Largest capacity in India with captive power and an alumina Diversified portfolio of India’s largest private sector One of the largest Indian One
Slide 8: Aluminium: The Metal of the Future
Aluminium The Metal of the Future John Slaven, Chief Executive Officer, Vedanta Aluminium 8 )
Slide 9: 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 MT) 20.0 6.0 5,970 16.0 5,496 14.0 5.0 15.0 5.0 11.1 4.3 10.0 8.9 3.9 4.0 3.7 3.6 6.8 6.5 7.0 7.0 6.5 3.5 3.4 Imports 5.0 4.0 3.7 3.0 0.0 2.0 -2.5 Domes
Slide 10: Vedanta's Compelling Competitive Advantage
Vedanta’s Compelling Competitive Advantage Vertically integrated, irreplaceable and strategically located assets creating unrivalled competitive advantage Vedanta Aluminium Footprint Located in mineral rich province Vertically integrated operations in compact footprint Vedanta’s Well connected Compe
Slide 11: Demonstrated track record of Operational Excellence in Volume and Cost
Demonstrated track record of Operational Excellence in Volume and Cost, Powerful cash generation engine Planned ~2x growth in EBITDA to deliver exceptional value creation Production Volume (in MTPA) Cost of Production (in $/T) $/T EBITDA 3.00 ~2,700 100 ~1,000 ~$1,000/T ~0.5 MTPA 20 reduction 150 in
Slide 12: Driving profitable growth through balanced vertical integration
Driving profitable growth through balanced vertical integration Projects underway to achieve ~3 MTPA of Integrated Supply Vedanta Value Chain Existing Post Ongoing Capex Projects Bauxite Alumina VAP Bauxite VAP 2 MTPA 1.4 MTPA 2.6 MTPA 3 MTPA (61%) 12 MTPA (83%) Alumina 0.5 MTPA 6 MTPA Hot Metal Hot
Slide 13: Key takeaways
Key takeaways Strongly growing Home ground Local, vertically- Exclusive focus on ~3MTPA production demand for Metal of advantage in India, integrated supply value-added at $1,000/T the Future to enable with market chain enabling products to meet EBITDA margin energy transition expected to double ind
Slide 14: Base Metals: Enabling the green energy transition
Base Metals Enabling the green energy transition Chris Griffith Chief Executive Officer, Vedanta Base Metals 62 Sensitivity: Public VZI Sensitivity: (C4) Internal (C3)
Slide 15: Base metal Overview
Base metal Overview Diverse and highly scalable base metal portfolio critical for the world's energy transition needs Locations of Key Operations Business Overview Base Metals Zinc International Copper India KCM Metals Produced • Zinc, Lead & Silver • Copper & Gold • Copper & Cobalt UAE Reserve & Re
Slide 16: Highly scalable base metal portfolio of multinational future-facing assets
Base Metals Assets Overview Highly scalable base metal portfolio of multinational future-facing assets Zinc International Copper Sector KCM Fujairah – UAE & Black Mountain Gamsberg Copper India Mining Processing Saudi Arabia Copper India • Underground Mining • Open Cast Mining • Silvassa Refinery 22
Slide 17: Vedanta Zinc International – Vision to be 1MTPA producer at <1,200$/t
Vedanta Zinc International – Vision to be 1MTPA producer at <1,200$/t Strong pipeline of projects to tap on ~35 MT R&R Cost & Mine Portfolio Ramping up Exploration Capacity Ramping up Drive cost and margin profitability with long life to enhance R&R Expansion Gamsberg mine EBITDA potential Optimisat
Slide 18: To become 1 million tonnes custom copper producer by 2030
Copper Sector Vision To become 1 million tonnes custom copper producer by 2030 Custom smelting & refining of Copper Fujairah State of the Art ~2.5X increase in Copper India Ramp up cathode UAE & Greenfield expansion Profitability profitability (EBITDA volume to ~500ktpa Saudi KSA project in Saudi Ar
Slide 19: Low-cost brownfield expansion to achieve +300ktpa production by 2031
Konkola Copper Mines Low-cost brownfield expansion to achieve +300ktpa production by 2031 Project and Execution plan to achieve 300 ktpa KDMP ramp up to Cost & Drive cost and margin Mine Portfolio Strong R&R with high Capacity achieve mined profitability EBITDA potential with long life copper grade.
Slide 20: Key takeaways
Key takeaways A portfolio of large- Unlocking further Aspiring to become a Heading towards 1 Leading to an scale, multinational potential with assets premier 1 mtpa mtpa Zinc production EBITDA potential of assets primed for the like KCM in Zambia Copper producer by milestone by 2030 at $2bn p.a. by
Slide 21: Vedanta Promising a Bold tomorrow
Conclusion Vedanta Promising a Bold tomorrow FY25e EBITDA: Cost Leadership: Further Consistent explorations and Doubling Power (IPP) >35% Growth 10% CoP reduction target in development leads to O&G Capacity to ~5 GW Aluminum & Zinc India volume augmentation 3 MTPA Aluminum + Zinc International and S
Slide 22: Thank You
THANK YOU Sensitivity: Internal (C3)
Vedanta — Bank of America Global Metals, Mining and Steel Conference 2024 on 6ix