Vedanta Group, controlled by Anil Agarwal, announced plans to explore and develop critical mineral assets in six Indian states: Maharashtra, Rajasthan, Bihar, Arunachal Pradesh, Karnataka, and Chhattisgarh. These critical minerals, including copper, cobalt, nickel, chromium, vanadium, tungsten, and Platinum Group Elements (PGEs), are essential components in rapidly advancing technologies such as wind power systems, electricity grids, and electric vehicles. Rising demand for these minerals is closely tied to global energy transition initiatives.
Vedanta recently secured four blocks during India’s fourth auction round of critical mineral licenses. Specifically, the company obtained rights to a vanadium and graphite deposit in Arunachal Pradesh and a polymetallic mine—containing cobalt, manganese, and iron—in Karnataka. Additionally, Vedanta’s subsidiary, Hindustan Zinc, acquired two tungsten-focused assets: one located in Andhra Pradesh and the other in Tamil Nadu.
Besides exploration, Vedanta is expanding its production capabilities in zinc and aluminium. The company has initiated zinc alloy production with a plant capacity set at 30,000 tonnes per year. For aluminium, the company’s board has approved investments totaling around USD 1.5 billion aimed at expanding smelting operations and enhancing capacity for value-added aluminium products.
Vedanta currently produces four key industrial metals—iron, aluminium, copper, and zinc—used extensively across various sectors globally.
