As Indian players strive for cost competitiveness, their global peers are formulating cost reduction strategies.
Captive mining remains a cornerstone in the cost strategies of Indian producers. Moreover, an increased focus on the use of green energy and consequent cost reduction is a common path forward for both Indian and global aluminium makers.
"Vedanta Aluminium is rapidly progressing towards becoming the world's lowest-cost producer through comprehensive vertical integration and capacity expansion strategies," said John Slaven, chief executive officer of Vedanta Aluminium, in response to Business Standard.
The company's cost of production (COP) as of December 2023 was $1,735 per tonne, claimed to be in the lowest quartile globally.
هذه القصة مأخوذة من طبعة March 07, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة March 07, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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