London, England — MININGREVIEW.COM — 10 April 2008 – Vedanta Resources plc – an Indian-focused metals and mining group with substantial copper operations in Zambia – posted higher fourth quarter production in most of its metals, the notable exception being Zambia.
Reuters quotes a company announcement in London as revealing that while copper cathode output in India rose 1.1% to 90 000 tonnes compared to the same period a year ago, it fell 8.1 % to 34 000 tonnes in Zambia due to a power grid failure in January. Full-year copper cathode output in India rose 8.3% to 339 000 tonnes, while Zambia’s grew 5.6% to 150 000 tonnes despite the production dip in the fourth quarter..
Output of aluminium in the three months to 31 March rose 4.1% to a record 102 000 tonnes, while refined zinc production jumped 42.1% to a record 135 000 tonnes due to a new smelter.
“The production ramp-up at the new Chanderiya Hydro II zinc smelter has been excellent and achieved its rated capacity in the very first quarter of commissioning," the Vedanta announcement said.
Annual aluminium production added 12.8% to 396 000 tonnes while volumes in refined zinc increased 22.4% to 426 000 tonnes.
Iron ore production from the group’s new Sesa Goa unit, which it bought last year, rose 17% to 12.44 million tonnes.