Exploring your career with Vedanta

Iron Ore
Exploring your career with Vedanta
Flow of the Presentation
n Vedanta Resources Plc
A Brief Introduction
n Overview of The Businesses Under Vedanta
n Corporate Social Responsibility
n Environment, Health & Occupational Safety
n Working With Vedanta
Vedanta Resources Plc
A Snapshot
n Vedanta Resources plc is a London listed FTSE 100 diversified metals and mining group with revenues in
excess of USD 8.2 billion in FY 2007-08. Its principal operations are located throughout India, with
further operations in Zambia and Australia. The major metals produced are aluminum, copper, zinc, iron
ore and lead.
n With a talent pool of over 30,000 employees globally, the Group has a clear focus on achieving and
sustaining global leadership in metals and mining business. The Group provides accelerated careers,
global leadership opportunities and is driven by core values of trustworthiness, respect and care for
people, entrepreneurship and innovation, concern for the environment and passion to excel.
Chairman
Anil Agarwal
Deputy Executive Chairman
Group CEO
MS Mehta
Navin Agarwal
Vedanta Resources Plc
A Snapshot
§ National presence
Sterlite Industries (India) Ltd (SIIL)
Hindustan Zinc Limited (HZL)
Bharat Aluminium Company Ltd (BALCO)
The Madras Aluminium Company Ltd (MALCO)
Vedanta Alumina Ltd. (Alumina and Aluminium Projects)
Sesa Goa Limited
Sterlite Energy Limited
§ Overseas presence
Copper Mines of Tasmania Pvt Ltd, Tasmania
Konkola Copper Mines, Zambia
§ Sterlite Group has also strong presence in Optical cables business through
Sterlite Optical Technologies Ltd. (a non Vedanta Company)
Global Operations
India
Zambia
Australia
Konkola Deeps Mine
KCM smelter and refinery
zSterlite Copper facilities
zHindustan Zinc facilities
zMALCO facilities
zBALCO/VAL facilities
zSesa Goa facilities
Mt. Lyell Mine
Vedanta Resources Plc
n A leading producer of key commodities
A Snapshot
Indian market shares (2008)
in India
Zinc
nFY2008 Group turnover :
Production FY 2008
Vedanta (HZL)
US $ 3010 million (up 11.4%)
n Investment of over $ 8-10 billion in
Brown/ Greenfield project under
implementation
426Kt
Only integrated
zinc producer
US $ 8,203 million (up 26.2%)
nFY2008 Group EBITDA :
75%
Copper
Vedanta (Sterlite)
Production FY 2008
42%
339Kt
One of two leading
copper producers
Aluminium
Vedanta (BALCO & MALCO)
Production FY 2008
One of three
aluminium producers
21%
396Kt
Milestones in Vedanta Growth
Sesa Goa Ltd.
2007
USD 8.2
Billion
From
From being
being aa lesser
lesser known
known 0.4
0.4 USD
USD Million
Million company
company in
in 1979
1979 ,, itit is
is now
now aa USD
USD 8.2
8.2 Billion
Billion Global
Global Major.
Major.
Evolution of Group
Delivering Strong Returns : 2003 -2008
Production Capacity : 2004 -2010
Aluminium
Zinc-Lead
Copper
9,000
Captive Power
Iron ore
Independent Power
8,000
90%
8,204
78.5%
80%
70%
7,000
6,502
140ktpa
2008
2010
2004
60%
6,000
400ktpa
1,000ktpa
235ktpa
2008
50%
5,000
37.9%
4,000
44.5%
40%
3,702
32.0%
3,010
754ktpa
3,000
1000ktpa
2010
USD Million
2004
30%
2,703
16.8%
2,000
1,884
20%
14.4%
2004
180ktpa
1,000
2008
1,290
963
10%
224
600ktpa
1,102
323
454
0%
0
2010
2004
1,000ktpa
2010
2012
2005
2006
EBITDA
2007
ROCE **
**ROCE excludes capital work in progress
1,350MW
2010
2010
2004
Revenue
500M W
2008
2008
2003
3,000MW
12mtpa
25mtpa
2,400MW
9,600MW
ü
ü
Optimise performance of existing assets
ü
ü
Consolidate group structure
Organic growth
Acquisitions
2008
Growth Aspiration: Amongst Top 5 by 2012
Global Aluminium Producers Ranking :2007 (ktpa)
Global Zinc Producers Ranking :2007(ktpa)
Global Copper Producers Ranking :2007 (ktpa)
2,093
Codelco
Rio Tinto with Alcan
4,318
UC Rusal
4,144
Vedanta aspiration
3,500
Chalco
2,034
Hydro Aluminium
1,577
BHP Billiton
Alba
871
860
741
CVG
527
Vedanta - HZL
725
457
Tajik Government 417
New Boliden
465
409
Glencore
Votorantim
396
Shenzhen Zhongjin Lingnan
240
186
889
618
Nippon Mining and Metals
572
BHP Billiton
572
Sumitomo Metal Mining
547
KGHM Polska Miedz
535
Jiangxi Copper Company
535
Tongling
525
Mitsubishi Materials
492
Southern Copper (ex SPCC)
359
150
489
452
Yunnan Copper
425
Cumerio
412
RAO Norilsk
405
Rio Tinto
Yunnan Chihong Metallurgy 152
395
1,100
1,088
Xstrata AG
Vedanta
295
Teck Cominco Limited
Anglo American plc
Vedanta
Vedanta aspiration
F-McM Copper & Gold
Norddeutsche Affinerie
490
Zinifex
Industrias Penoles
Hindalco 464
Nalco
751
1,343
Century Aluminum
CBA
Xstrata AG
3,818
Alcoa
Dubal
1,100
Vedanta - aspiration
375
UGMK
370
Kazakhmys
363
Birla Copper
334
PRESENCE IN INDIA
BALCO
Delhi
Ludhiana
Faridabad
Jaipur
Hindustan Zinc
Udaipur
Korba
Vedanta Alumina, Lanjigarh
Copper Refinery &
Silvassa
Rod Plant
Indore
Mumbai
Hyderabad
Vizag
Corporate office
Marketing office/Sales
Depot
Sesa Goa
Goa
Plants
Bangalore
MALCO
Mettur
Tuticorin
Chennai
Copper smelter Refinery & Rod
Plant
Flow of the Presentation
n Vedanta Resources Plc
A Brief Introduction
n Overview of The Businesses Under Vedanta
n Corporate Social Responsibility
n Environment, Health & Occupational Safety
n Working With Vedanta
Hindustan Zinc Limited
Turnover: Rs. 8560 Cr
EBITDA : Rs. 6639 Cr.
Ø Only fully integrated Zinc-Lead producer in the country.
Ø Having three lead-zinc mines, two smelters in Rajasthan and one at Vizag
Ø Market leader with 75% market share of country s Zinc demand.
Ø Providing direct employment to over 6500 people.
Ø Strive for continuous improvement in Environment, Health & Safety performance of its
operations.
Ø Stimulating work environment.
Ø Galvanizing India s growth.
Ø Winner of awards like FICCI, Dun & Bradstreet, FIMI, Greentech Safety Award, Golden
Peacock, Energy Conservation Award
Hindustan Zinc : Smelters
2nd Largest Integrated Zinc Producer in the World
Chanderiya Complex
INDIA
Debari Smelter
Hydrometallurgical Zinc
Smelter:
88,000 t
Zinc
419,000 tpa
Sulphuric Acid
Captive
Power Plant: 29 MW
Pyrometallurgical Lead Zinc
Smelter:
105,000 t Zinc
35,000 t Lead
120 t Silver
Hydrometallurgical Zinc
Smelter: 420,000 t Zinc
AusmeltTM Lead Smelter:
50,000 t Lead
851,000 t Sulphuric Acid
Captive Power Plant: 234 MW
Vizag Smelter
Hydrometallurgical Zinc
Smelter:
56,000 t
Zinc
91,000 tpa
Sulphuric Acid
Capacity Build-Up (t)
Product
2002
2007
2008
2010
Zinc
169,000
581,000
669,000
879,000
Lead
35,000
85,000
85,000
185,000
234 MW
234 MW
474 MW
C.P.P
Growth Strategy
Expansion Completed
z 170,000 MT hydrometallurgical Zinc smelter.
z Mine expansion to 3.75 Mtpa of ore treatment.
z 2 x 77 MW, coal based CPP completed ahead of
schedule in April 05.
z 50,000 MT Ausmelt Lead Smelter commissioned
Expansion Phase-III
z 210,000 tonnes per annum Hydrometallurgical
Zinc Smelter at Rajpura Dariba
z 2 x 80 MW Coal based Captive Power Plant at
Rajpura Dariba
z 100,000 tonnes per annum Lead Smelter at
Rajpura Dariba
z Opening of a new mine at Kayar with an initial
capacity of 0.30 million tonnes per annum
Hindustan Zinc Ltd. - Chanderiya Cell Room
Copper
High Quality Asset Base
Sterlite Industries (India) Ltd.
Turnover - Rs. 11,822 Crores
EBITDA - Rs. 1,326 Crores
Sterlite is now listed at India and New York Stock Exchange.
Sterlite has operations in Smelter, refinery and rod plants in India.
Went on stream in a record period of two years, fully stabilized and operating at rated capacity.
State-of-the-art technology on par with the best in the world. New ISA incorporates waste heat
recovery boiler.
An ISO 9001:2000, ISO 14001 and OHSAS 18001 Certified Organization.
Approved LME Tester for copper rods.
TQM as a way of life for Continual Improvements and Employee engagement
First Copper Smelter in the world to be accredited with Five Star rating by British Safety Council.
Winner of the International Safety Award from British Safety Council for the Year 2005
Dominant market shares in the various segments of copper consumption
Copper
High Quality Asset Base
Capacity summary
Installed capacity
n 4,00,000 TPA of Copper Anode
4,00,000 TPA of Copper Cathode
2,50,000 TPA CCR
Silvassa Refinery
1,90,000 TPA Copper
Cathode Refinery
1,60,000 TPA CCR
Revenues India/ Australia(2006/2007)
$2,553 million (66% inc.)
EBITDA - $365.6(66.9% inc)
Tuticorin Smelter
4,00,000 TPA Copper
Anode
2,10,000 TPA Copper
Cathode
90,000 TPA CCR
13,00,000 TPA Sulphuric
Acid
180,000 TPA Phosphoric
Acid
Sterlite Industries (India) Ltd.- Tuticorin Plant
Copper Operations (Australia)
Copper Mines of Tasmania (CMT)
n Mine acquired by Sterlite in 1999
n Wholly owned by Sterlite (100% Stake)
n CMT has reserves of 12.4 MT and produces 100,000 tonnes of copper
concentrate
n The Copper Mine supplies approximately 7% of Sterlite's copper concentrate
requirements.
Copper Operations (Zambia)
Konkola Copper Mines
Turnover - $1,015.9 million (44% increase) EBITDA - $468.3 million (127% increase)
n Vedanta Resources acquired a 51% stake in Konkola Copper Mines (KCM),
Zambia in 2004
n KCM's assets consist of three Mines, a Leaching Plant and a Smelter.
n Fully integrated Copper Producer
n KCM has reserves of approximately 156 million tonnes of Copper
n Copper Production of 1,42, 000 TPA
Aluminium
High Quality Asset Base
Capacity summary
Installed capacity Smelter
Bodai-Daldali Deposit
Mainpat Mine
Bauxite deposit:
Reserves of 9 Mt
Bauxite mine
Reserves of 7 Mt
Korba Complex
n Balco: 3,45,000 TPA of Aluminium
n Malco: 40,000 TPA of Aluminium
Turnover
US$ 1140.2 million
EBITA(2007-08)
2,00,000 TPA Alumina
Refinery
3,45,000 TPA Aluminium
Smelter
540MW and 270 MW
Captive Power Plant
Key projects
Orissa Project
Yercaud Mine
Bauxite mine
Reserves of 0.16 Mt of
bauxite
Kolli Mine
Bauxite mine
Reserves of 0.30 Mt of
bauxite
US$ 380.7 million
Plans for a 1 1.4 Mtpa
alumina refinery
Mettur Dam Complex
1,20,000 TPA Alumina
Refinery
40,000 TPA Aluminium
Smelter
75 MW Captive Power
Plant
Aluminium Expansion Project ($ 900m)
Korba Smelter
n 650,000 MT smelter
n Power Plant : 4X300 MW
nTime frame: Nov 2010
Mettur Smelter
nPower Plant : 1X25 MW
n Time frame: September 2008
BALCO - Korba Aluminium Smelter
Malco Aluminium Plant (Mettur)
Alumina Project ($800m)
Vedanta s entry into the highly attractive Alumina market
Project overview
FIRST PHASE
SECOND PHASE
n1 - 1.4 Mtpa alumina refinery
n3 Mtpa alumina refinery
n90 MW power plant
n210 MW power plant
nIncludes bauxite mining facilities
nIncludes bauxite mining facilities
Future Projects (Orissa)
Aluminium Smelter
§ 15,00,000 TPA smelter
§ Setup in 2 Phases
1215 MW
Captive Power Plant,
Jharsuguda
2400 MW Power Plant
§Sterlite Energy Ltd., Jharsuguda
§ Coal Based Plant
§ Independent Power Plant
Sesa Goa Ltd.
Sesa Goa Limited
Turnover : US$ 963.66 million
EBITDA : US$ 595.90 million
q Sesa Goa Limited acquired by Vedanta Resources Plc in 2007
q Substantial entry into highly attractive iron ore business
q Natural fit for Vedanta delivering further diversification Strong growth potential
q Sesa is India's largest private sector iron ore producer-exporter and is globally costcompetitive.
q A well established company for over 50 years, Sesa was previously under Italian
management before being acquired by Mitsui in 1996. Its mining operations are located in
the iron ore rich states of Goa, Karnataka and Orissa. It currently sells c10 million tonnes
of iron ore, of which over 95% is exported to leading global steel companies in China,
Europe and Japan. At current production rates, Sesa s iron ore reserves and resources of
207 million tons will support over 6 years of mined production. Sesa s fully integrated pig
iron and metallurgical coke facilities each have the capacity to produce c250,000 tonnes
per annum.
The Sesa Group
q
q
Sesa Goa Limited
q Mining Division
q Met Coke Division
Sesa Industries Limited
q Pig Iron Plant
q
Locations:
q Goa, Karnataka, Orissa
q
Sesa Community Development Foundation
q NCM Sesa Technical School
q Sesa Football Academy
q
Quality / Environment / Safety
q ISO 9001, 14001, OHSAS 18000
1600
1400
1549
P
ro
fit, R
s
.C
ro
re
1200
1000
800
600
651
575
400
476
200
0
2001 - 2002
10
2002 - 2003
26
168
2003 - 2004
2004 - 2005
2005 - 2006
2006 - 2007
2007- 2008
Overview Sesa Goa
Mines
SONSHI MINE IN GOA
CHITRADURGA MINE IN KARNATAKA
Sterlite Energy
Sterlite Energy Limited
z Sterlite Industries intends to participate in projects relating to the generation of coal
based thermal power
z Sterlite Industries currently intends to develop these projects through its subsidiary
Sterlite Energy Limited ( Sterlite Energy )
z These power projects are expected to include ultra mega power projects or other
projects announced by Government of India or any state government an / or and other
projects independently developed by Sterlite Energy aggregating to an installed capacity
of up to 10000 MW.
z We are building a 2400 MW coal
Rs. 76,000 million.
based power plant at Jharsuguda, Orissa investing
Optical Fibre - SOTL
n Units in Aurangabad and Silvassa
n Meets close to 68% of the country's requirement
n Holds Several Patents
Fibre Optic, Copper Telecom & LAN
Cables - Products & Facilities
Fiber Optic, Copper Telecom, LAN Cable Plants: Union
Territory of Dadra & Nagar Haveli, India
§
Complete range of Terrestrial Fiber Optic Cables
For Duct, Direct Buried and Aerial Deployments
§
Solid PE Insulated and Foam-Skin Insulated Copper
Telecom Cables
§
Cat 3, Cat 5e & Cat 6 LAN Cables
Vedanta University
Realizing a dream
Converting a vision into reality
Vedanta University
Vision:
z To create a world-class, multidisciplinary University in India
z Of the caliber of Harvard or Oxford
z Managed through an Endowment
z Based on a Not for Profit philosophy
Mission
VU aims to promote the creation of knowledge to enable students to take advantage of
greater learning opportunities, and apply this learning for the betterment of the society
z Vedanta University will span more than 6,000 acres on the Puri-Konark marine drive in
Orissa and will be home to more than 500,000 talented students from around the world
z With an estimated investment of more than 15,000 crores, supported by a thriving
ecosystem of knowledge in a breathtaking physical environment, the University will
transform Orissa into a primary centre for knowledge in India; the institution will join the
ranks of the world s greatest Universities such as Harvard, Stanford, and Oxford.
Three key planks of VU
Greater Learning
Leading Research
Contribution to
Society
Greater access to quality education
Put India on global education map and build a globally
diversified student community
Cross-disciplinary Centres of Excellence for research
R&D with private-public partnership - Ensure greater
application of innovations
Insights on globally relevant topics from an Asia-centric
perspective
Promote economic and social development:
Develop leaders Nobel Laureates, Olympic Champions,
Community leaders, Entrepreneurs & CEOs
Spawn a world-class township
Create immediate economic benefit to the region
Flow of the Presentation
n Vedanta Resources Plc
A Brief Introduction
n Overview of The Businesses Under Vedanta
n Corporate Social Responsibility
n Environment, Health & Occupational Safety
n Working With Vedanta
CSR Policy
At Vedanta Resources Plc, we believe in sustainable development and are committed to
raising the quality of life and social well-being of communities where we operate.
Towards this, we will be guided by
Our community development initiatives will be prioritized based on local needs. Broad areas of
focus will be Social Investment Health, Education & Livelihood
Bio Investment Water Harvesting, Agriculture and Social Forestry
Environment Conservation
§
All operating locations will incorporate CSR activities as an integral part of their business plan and
have an appropriate organization to implement the same.
We will be open to working with like minded associates, government bodies and other volunteer
organization in pursuit of our mission.
We will measure and report progress as per social accounting systems and encourage third party
reviews for effective delivery and measurable impact.
We will regularly communicate with all our stakeholders on the progress and performance on social
management.
CSR Footprints
z
152 villages in the most remote locales
z
Radius 10 km in and around our plants/ locations
z
Reach 1.7 million people
z
4 States in India Chhattisgarh, Orissa, Rajasthan, Tamil
Nadu and 4 townships in Zambia
z
CSR Team Strength - 45
z
BALCO & HZL - Signatories to the UN Global Compact
Flow of the Presentation
n Vedanta Resources Plc
A Brief Introduction
n Overview of The Businesses Under Vedanta
n Corporate Social Responsibility
n Environment, Health & Occupational Safety
n Working With Vedanta
Vedanta HSE Policy
At Vedanta Resources plc, we believe in sustainable development and are committed to effective
management of health, safety, environment and community development as an integral part of
our business.
Accordingly, we strive to:
Develop, implement and maintain Health, Safety and Environment ( HSE ) management systems aligned
with our commitments and beliefs and consistent with world-class standards
Comply with applicable HSE regulations in all our activities, thereby providing a safe and healthy work
environment
Seek continual improvements
Conserve natural resources, raw materials, water and energy by process improvements, recycling and
reducing waste including waste utilization;
Work with communities to contribute to their development
Flow of the Presentation
n Vedanta Resources Plc
A Brief Introduction
n Overview of The Businesses Under Vedanta
n Corporate Social Responsibility
n Environment, Health & Occupational Safety
n Working With Vedanta
Working with Vedanta
n Opportunity to work with highly qualified professionals with proven track record in the
industry.
n Opportunity to work abroad (Australia, Zambia)
n Job rotation and special assignments to help develop all round capabilities of
individuals
n Management Development Programme at IIM, Ahmedabad for SBU Heads
n Special training at Indian Institute of Technology for young Engineers
n Stars of Business
High track performers are identified under the scheme and given
higher roles and responsibilities.
Working with Vedanta
n The Vedanta Mentor is a programme to lend a helping hand in professional
as well as personal life
n An Accelerated Competency Tracking and Upgradation Programme has
been implemented with the objective of identifying Fast Track Performers.
Those identified under the process will be identified as
Business
Stars of the
which aims at nurturing internal talent and taking higher
responsibilities.
Cultural Activities
n Sports
Golf, Cricket, Tennis, Football etc.
n Picnics
n Movie Screenings
n Family Get-togethers
n Celebration of holidays like Holi, Diwali, New Year etc.
n Annual Day Celebrations
n In-house Magazines
Contribution by all employees
Golf Course - Chanderiya
Recreation Facilities
Who should join Vedanta?
If you are unconventional,
If you are ambitious to grow fast,
If you are aggressive to take challenges,
Wanna be in Thick
Have Fire
& Thin of Action
in the Belly
Then
.
Come and join Vedanta !
Thank you
Iron Ore