empowering growth · 2018. 8. 16. · 2007 vedanta acquired a 51% controlling stake in sesa goa...
TRANSCRIPT
India is richly endowed with natural resources that can fuel its future growth. At Vedanta, it is our desire to drive this growth. We are working with all stakeholders, transforming elements to unlock India’s vast potential.
transformingelements
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Last year we contributed US $6 billion to the countries’ exchequers, in the form of taxes & royalties, and invested over US $18 million in social development to benefit over 2.2 million people globally.
Our initiatives included building schools, hospitals, educating children, empowering women and creating skill development programmes for the youth in our communities. At Vedanta, this is not just CSR, it’s good business and it is important to plough back 75% of wealth created to social good.
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>$11.5 Billion revenue
>US$1.5 Billion strong free cash flow
>$6 Billion paid in taxes & royalties
>2.2 Million people benefited through sustainable development initiatives
>$18 Million investment on community development
A strong workforce of 71,667 employees (direct + indirect)
Empowering GrowthWe are a London Stock Exchange listed, globally diversified natural resources company with interests in Aluminium, Zinc, Lead, Silver, Power, Copper, Iron Ore, and Oil & Gas. We operate primarily in India and Africa, with our operations spread across four continents.
With our world class assets today, we are among the global leaders in the
diversified natural resources industry contributing towards the economic & social
development of communities and economies through our operations.
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Our BusinessVedanta’s geographic foothold spans across India, Zambia, Namibia, South Africa, Ireland and Australia. Its portfolio includes:
India | Namibia | South Africa | Ireland
India’s leading producer of Zinc-Lead, and the world’s second largest integrated Zinc-Lead producer.
A leading Silver producer globally.
ZINC - LEAD – SILVER
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India | West Africa
Steady production ramp-up makes us well-positioned for market recovery.
India’s largest producer-exporter in the private sector.
IRON ORE
India | South Africa
Operates ~26% of India’s oil production.
One of the largest exploration and production companies in India.
OIL & GAS
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Africa | India | Australia
Among the leading copper producers in India, at 0.4 mn tonnes per annum.
Operates one of the most efficient, lowest cost custom copper smelters.
Among Zambia’s largest private sector employers.
COPPER
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India
India
Leading aluminium producer in India.
Efficient asset operator in the lower half of the cost curve.
Largest capacity in India at 2.3mn tonnes per annum.
Power portfolio of 9 GW.
3.6 GW of commercial power generation capacity, balance for captive usage.
One of the largest producers of wind power in India.
ALUMINIUM
POWER
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Value Creation in IndiaWe are India’s premier and one of the world’s largest diversified natural resources companies. Our operations in India include our subsidiary, Vedanta Limited.
We are:
India’s market leader in most of the commodities we operate in (FY2017 production):
One of the largest private sector oil and gas companies:
~1,90,000 boepd of oil and gas
World’s Second Largest Zinc-Lead (mined metal) producer:
1,06,3000 tonnes
Largest custom copper smelter and copper rods producer:
4,02,000 tonnes
Largest producer exporter of iron ore in the private sector:
10.9 million tonnes
Largest primary producer of aluminium:
12,13,000 tonnes
Fully operational power portfolio of 9 GW:
12.9 billion kwh
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We build strong and sustainable partnerships that enable us to have a greater positive impact on our host communities.
A presence in Africa since 2004: Invested over US$4bn
in Africa to date
One of the leading copper (integrated & customs) producers in Zambia:
1,80,000 tonnes
Producing zinc and lead concentrate at Black Mountain Mining (BMM) in South
Africa: 70,000 tonnes
Special High Grade zinc metal at Skorpion Zinc in Namibia: 85,000 tonnes
Commenced construction of the US$400m Gamsberg Zinc Project: One of the world’s largest undeveloped zinc sulphide deposits
Vedanta in Africa: a rich past, a richer future
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Sustainable Development: Synergies with Business Goals
51% of high volume & low effect waste recycled in sustainable applications
375,573 hours of training on Code of Conduct including Human Rights
aspects were provided
1,115,562 man-hours of training delivered to employees and contractors on HSE
12,700 employees and contractors trained on risk-based decision
making at KCM
3.93 million m3 water savings achieved against target of 2.26 million m3
World-class mine closure of Vedanta’s Lisheen mine in Ireland &
Sanquelim mines, in Goa leaves a positive legacy
5 star rating for Sustainable Mining given by the Indian Government
to the Kaidh mine of Hindustan Zinc Limited and A.Narrain, Codli, Bicholim mines
of Sesa Goa Iron Ore
The Gamsberg project is a ‘No Net Loss’ biodiversity project & in South Africa
translocated 87,000 plants
Cairn India’s Raageshwari Gas Terminal crossed the safety milestone of
12 million LTI-free man-hours
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n Data Acquisition with air based surveys
n Data Processing & Interpretation with 3D Modelling & visualisation
n Reserve Resource Geostatistics based 3D estimations
n Highly Experienced Multi-disciplinary Team
n Pioneered the application of 4-D seismic technology in the Indian Sub-continent for Oil & Gas
n Executed one of world’s largest Polymer flood based Enhanced Oil Recovery project
n Operate the world’s longest (~670 km) continuously heated and insulated pipeline for crude oil
Our Innovation: Leveraging new technologyFast Tracking Discovery through Advanced Exploration Technologies Deployment
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Corporate Social ResponsibilityWe believe that a shared destiny approach in our business will benefit the community and boost economic prosperity which will create a society that provides equal opportunities, across socio- economic and gender differences.
US$ 18 million contributed to community development, benefiting 2.2 million people in India, Australia and Africa.
4000 Modern Anganwadis to be developed over three years across India. Committed to the Indian Prime Minister’s national vision of eradicating child malnutrition, providing education, healthcare and empowering women with skill development, the Anganwadis named Nandghars will benefit 2.5 million community members.
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Over 38,000 benefited from Women empowerment, Entrepreneurship & Skill development initiatives that contribute towards the socioeconomic empowerment of rural women and youth by imparting training which makes them capable of generating income. Agriculture, Livestock & Livelihood development programmes focused on improving the agrarian economy through up-gradation of the traditional agricultural practices.
Over 68,500 children were provided fresh and nutritious meals daily, in support of the Government of India’s midday meal program.
Over 2,11,000 students accessed quality education through schools and colleges across our global locations.
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The India of TodayIndia is blessed with a vibrant democracy, an independent media, entrepreneurial culture and a strong industrial and manufacturing sector which is a large contributor to the Indian economy and is playing a fundamental role in India’s growth story.
India has the potential to be a manufacturing and export powerhouse as well as provide exciting employment for country’s youth.
3rd largest economy (PPP)
3rd largest energy consumer
~7.2% Average annual GDP growth rate (estimated)
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Rising need of infrastructure, resources and energy
~US$ 76 billion of oil & gas import bill
~US$ 500 billion of annual imports
Rising demand for commodities
India’s Demand Outlook
India is one of the engines of global economic growth. India’s economic rise since 1991 alongside its growing population, has resulted in a sharp rise in resource needs from petroleum products to power and infrastructure.
Despite economic progress, India still has a low per capita consumption of commodities
With economic progress the gap between India’s demand and domestic supply of oil is set to widen
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India’s Potential India is among the top countries in the world with large reserves of Iron Ore, Bauxite, Zinc and Coal. The natural resource sector has the potential to add $ 1 trillion to the economy generating significant employment opportunities.
Strong fundamentals will drive India’s demand for commodities:n One of the fastest growing large economiesn Increasing pace of urbanisationn Increasing labour force as a percentage of the populationn Increasing per capita incomen Low per capita consumption of metals and Oil & Gas compared to the world average
Resources & Reserves
5th Largest Coal: 295 bn tonnes
6th Largest Zinc: 50 mn tonnes
7th Largest Iron Ore: 29 bn tonnes
8th Largest Bauxite: 3.5 bn tonnes
Vedanta through its strategically located high quality assets
and scalable capacities is well-positioned to leverage the
opportunities in India and other emerging economies.
IndIa’s MIneral Wealth
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1979 Anil Agarwal acquired Shamsher Sterling Corporation through a family
firm
1988 Sterlite Industries (India) Ltd. made an initial public offering of its shares
and convertible debentures on Indian Stock Exchange
1995 Sterlite Industries Ltd. acquired The Madras Aluminum Company
Limited, which had India’s first Aluminum Smelter
1997 Sterlite Industries commissioned first privately developed copper
smelter in India at Thoothukudi in Tamil Nadu
1999 Sterlite Industries acquired Copper Mines of Tasmania and Thalanga
Copper Mines in Australia
2001 Sterlite Industries acquired a 51% interest in BALCO, a profit making
primary Aluminium producer, from the Government of India
2002 Sterlite Industries acquired 65% stake in Hindustan Zinc Ltd. from the
Government of India and through an open market offer
2003 Vedanta Resources became the first Indian Company to be listed on
London Stock Exchange
2004 Vedanta Resources announced $500 million global bond offering. Also
acquires 51% stake in Konkola Copper Mines in Zambia
2007 Vedanta acquired a 51% controlling stake in Sesa Goa Limited, India’s
largest producer-exporter of iron ore
2010 Vedanta acquired portfolio of Zinc assets in South Africa, Namibia &
Ireland from Anglo American Plc
2011 Vedanta acquired 58.5% controlling stake in Cairn India, the country’s
largest private sector Oil & Gas companies
2013 Sterlite Industries and Sesa Goa merger took place in August 2013 and
the consolidated group is now called Sesa Sterlite Ltd
2017 Merger of Cairn India Limited and Vedanta is completed in April 2017
Our Recent History
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COPPER
ALUMINIUM
POWER
IRON ORE
ZINC
OIL & GAS
PROJECTS UNDERDEVELOPMENT
CAPTIVE POWER PLANT
Our Operations
IndIa
australIaMT. LyELL MINE
sOuth aFrICaBLACK MOUNTAIN MINE
naMIBIaSCORPION MINE
ZaMBIaKONKOLA MINE
WESTERN CLUSTER
IrelandLIShEEN MINE
IndIa
1 sIlVassa | Copper2 tutICOrIn | Copper, Captive Power
Plant & Projects under development3 lanjIgarh | Aluminium
(VAL) & Captive Power Plant4 jharsuguda | Aluminium (VAL),
Commercial Power (SEL), Captive
Power Plant & Projects under
development5 KOrBa | Aluminium, Captive Power
Plant & Projects under development6 talWandI saBO | Power (TSPL)7 saleM | Power (MALCO)8 gOa | Iron Ore (Sesa Goa)9 KarnataKa | Iron Ore
(Sesa Goa Operations)10 deBarI | Zinc-Lead-Silver11 ChanderIya darIBa | Zinc-Lead-
Silver12 raMpura aguCha | Zinc-Lead-Silver
13 rajpura darIBa & ZaWar | Zinc-
Lead-Silver14 sIndesar Khurd | Zinc-Lead-Silver
& Captive Power Plant15 VIZag | Zinc-Lead-Silver16 Mangala | Oil & Gas and Projects
under development17 raVVa | Oil & Gas18 CaMBay | Oil & Gas and Projects
under development
SOUTh AFRICA - BLOCK 1
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@VedantaResources @VedantaResources@VedantaLimited
www.vedantaresources.com | www.vedantalimited.com
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