iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Vedanta Aluminium Bolsters Billets Business with New CEO

23 Aug 2024 , 02:18 PM

On Friday, Vedanta Aluminium announced the appointment of Fabio Roberto Martins as CEO of billets.

Martins’ new role will be to lead the aluminium billets product group, drive commercial strategy and execution, and oversee operational management, according to the business.

It comes against the backdrop of the company’s intentions to increase billet capacity to 1.2 million tonnes per year.

Martins formerly worked at Alcoa as director of operations.

“We are already India’s leading billet manufacturer and exporter. To strengthen our position, we are pleased to welcome Fabio to our leadership team. His extensive global experience and proven track record in the aluminium industry will be invaluable as we continue to drive innovation and excellence in our billets business,” said John Slaven, CEO, Vedanta Aluminium.

Aluminium billets are solid, cylindrical blocks manufactured during the casting process and used as raw materials in a variety of production operations. “The billets product group is of strategic importance to the company with its 580 kilo tonnes billet casting capacity per annum, making Vedanta Aluminium India’s largest producer and exporter of top-quality aluminium billets,” it stated.

“Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.37 million tonnes in FY2024,” it continued.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • CEO
  • Vedanta
  • Vedanta Aluminium
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.