A Strong Q2 For Vedanta Aluminium | Net Debt Will Be Reduced By Half By 2026-End, Says Company
CNBC-TV18 · 29 Oct 2026 · 7 min
Management interview of Vedanta Ltd (VEDL), with 10 key numbers discussed.
- Rajesh Kumar, CEO, Vedanta Aluminium
Vedanta Aluminium expects LME aluminium prices to hover around $3,100 per ton (plus-minus $100) this quarter, having hedged 22% of volumes at $3,274 per ton. Management maintained its full-year cost guidance, expecting around a 4% increase in coming months due to coke, furnace oil, and planned power shutdowns, offset by higher captive alumina and cheap pithead coal. EBITDA per ton is guided at $1,600-$1,650. The company plans to reduce net debt by half by the end of the year, while production is targeted at 2.65 million tons this year and 2.9-3.0 million tons next year.