Empowering Growth · 2018. 8. 16. · 2007 Vedanta acquired a 51% controlling stake in Sesa Goa...

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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. transforming elements

Transcript of Empowering Growth · 2018. 8. 16. · 2007 Vedanta acquired a 51% controlling stake in Sesa Goa...

Page 1: Empowering Growth · 2018. 8. 16. · 2007 Vedanta acquired a 51% controlling stake in Sesa Goa Limited, India’s largest producer-exporter of iron ore 2010 Vedanta acquired portfolio

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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Page 3: Empowering Growth · 2018. 8. 16. · 2007 Vedanta acquired a 51% controlling stake in Sesa Goa Limited, India’s largest producer-exporter of iron ore 2010 Vedanta acquired portfolio

>$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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