Production from its captive Jamkhani coal block is expected to help Vedanta Ltd inch closer to its avowed aluminium Cost of Production (CoP) of $1,500 per tonne.
Vedanta Ltd had bagged the Jamkhani block at competitive auctions in Odisha. Endowed with 220 million tonnes (mt) deposits, the block promises long-term coal security. Power is a critical input in aluminium smelting and typically accounts for around 40 per cent of the metal production cost.
“We have now signed the Coal Mines and Development and Production agreement with the Government of India in respect to the Jamkhani Coal Block in Odisha. Steps