Vedanta Resources plc is a natural resources company, which is engaged in exploring, extracting and processing minerals, and oil and gas. The Company produces zinc, lead, silver, copper, aluminum, iron ore, oil and gas, and commercial power. Its operations are located in India, Zambia, Namibia, South Africa, Liberia, Ireland, Australia and the United Arab Emirates. Its segments include Zinc-India, Zinc-International, Oil & Gas, Iron Ore, Copper-India/Australia, Copper-Zambia, Aluminium and Power. Its geographical segments include India, China, Far East Asia, Middle East, Europe, Africa, Asia Others, UK and Others. Its Copper business includes a copper smelter, over two refineries and over two copper rod plants in India; a copper mine in Australia, and an integrated operation in Zambia consisting of approximately three mines, a leaching plant and a smelter. The Company's oil and gas operations consist of the assets of Cairn India Limited in India, Sri Lanka and South Africa.
Vedanta Resources PLC reported sales of £8.84 billion (US$12.02 billion)
March of 2017.
increase of 23.7%
versus 2016, when the company's sales were £7.15 billion.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Vedanta Resources PLC had sales
of £8.73 billion.
Sales of Iron Ore saw an increase
that was more than double the company's growth rate: sales were up
105.5% in 2017, from
£227.61 million to £467.74 million.
Vedanta Resources PLC also saw significant increases in sales in
Zinc (up 37.7% to £1.94 billion)
Aluminum (up 38.8% to £1.56 billion)
Power (up 37.1% to £631.49 million)
Not all segments of Vedanta Resources PLC experienced an increase in sales in 2017:
sales of Zinc-International fell 2.1% to £255.17 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Vedanta Resources PLC also experienced decreases in sales in
Copper-Zambia (down 1.0% to £637.24 million)