Vedanta Aluminium Appoints Fabio Martins as CEO, Billets

Vedanta is India’s largest producer and exporter of top-quality aluminium billets
Products support downstream manufacturers and extruders in various applications

New Delhi, August 23, 2024: Vedanta Aluminium, one of the world’s leading aluminium producers, announced the appointment of Fabio Roberto Martins as the CEO of Billets. In his new role, Fabio will lead the aluminium billets product group, focusing on value creation by optimizing production efficiency and enhancing product value. He will drive strategy and execution of commercial activities and oversee operational management through innovation and the use of cutting-edge technology, as the company plans to expand its billet capacity to 1.2 million tonnes per annum, making it the world’s largest billet producer.

Fabio brings with him more than 26 years of extensive experience from Alcoa, where he held various leadership roles, most recently serving as Director of Operations. His expertise and experience in operational management and strategic planning will be instrumental in enhancing Vedanta Aluminium’s billets product category.

Sharing his views on the appointment, John Slaven, CEO, Vedanta Aluminium, said, “Vedanta continues to expand its portfolio of value-added products to meet evolving market demand. We are already India’s largest billet producer and exporter. To solidify our position, we are delighted 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. We look forward to the strategic insights and operational expertise he will bring to our organization.”

On his appointment, Fabio Martins, CEO, Billets, Vedanta Aluminium said, “I am excited to lead the product group strategy, operational performance, and commercial execution for billets. Vedanta Aluminium is on an unprecedented growth trajectory, and I look forward to be a part of it. My goal is to drive growth and innovation while promoting sustainability.”

Aluminium billets are solid, cylindrical shapes of aluminium that are produced through a process called casting and serve as raw material for various manufacturing processes. 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.

The company’s diverse portfolio of high-quality billets supports downstream manufacturers and extruders in automotive, building, construction, energy and various other sectors. As part of their billet offerings, the company also manufactures High-Speed Billets. These billets exhibit exceptional extrusion speed without compromising the strength of the extruded profile, thanks to superior metallurgical properties brought about by stringent process control and optimized chemistry. 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 is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 1st in the S&P Global Corporate Sustainability Assessment 2023 world rankings for the aluminium industry, a reflection of its leading sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow.

About Vedanta Limited:

Vedanta Limited, a subsidiary of Vedanta Resources Limited, is one of the world’s leading Oil & Gas and Metals company with significant operations in Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Steel, and Aluminium & Power across India, South Africa and Namibia. For two decades, Vedanta has been contributing significantly to nation building. Governance and sustainable development are at the core of Vedanta’s strategy, with a strong focus on health, safety, and environment. Vedanta has put in place a comprehensive framework to be the ESG leader in the natural resources sector. Vedanta is committed to reducing carbon emissions to zero by 2050 or sooner and has pledged $5 billion over the next 10 years to accelerate the transition to net zero operations. Giving back is in the DNA of Vedanta, which is focused on enhancing the lives of local communities. The company’s flagship social impact program, Nand Ghars, have been set up as model anganwadis focused on eradicating child malnutrition, providing education, healthcare, and empowering women with skill development. Under the aegis of the Anil Agarwal Foundation, the umbrella entity for Vedanta’s social initiatives, the Vedanta group has pledged Rs 5000 crore over the next five years on social impact programmes with a thrust on nutrition, women & child development, healthcare, animal welfare, and grass-root level sports. Vedanta and the group companies have been featured in Dow Jones Sustainability Index, and was conferred Frost & Sullivan Sustainability Awards 2020, Golden Peacock Award for excellence in Corporate Governance 2022 and certified as a Great Place to Work 2022. Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange.

For more information, please visit www.vedantalimited.com

About Vedanta Aluminium Business:

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 FY24. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 1st in the S&P Global Corporate Sustainability Assessment 2023 world rankings for the aluminium industry, a reflection of its leading sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow.

For more information, please log on to www.vedantaaluminium.com

Media Contacts

Ms. Sangita Ghalay
Chief Brand & Communications Officer,
Aluminium Business, Vedanta Limited
aluminiumpower[dot]communications[at]vedanta[dot]co[dot]in

Disclaimer:

This press release contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional, and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

Source : Vedantaaluminium