he Mining and Mineral industry comes under Basic Material group. It’s a commodity type industry.

Industry Strengths

Large and growing demand from power sector for coal
Good demand for ores from China, Japan and other countries
Large reserves of coals and ores in India

Industry Weakness

Uncertain government policies with regard to mining rights and royalty
Tough environmental regulations
Illegal mining by small players
Court actions for banning mining in certain areas
Supply of low quality of coals and mines
Import of coal due to high consumption in the country
Impacted negatively by rupee depreciation due to imports
Over dependence on China for exports of ores

Growth Drivers

Global economic growth which leads to industrial activities and consecuently demand for raw material

Growth in power, steel, cement and aluminum industry

Vedanta is a globally leading diversified resources company with presence in oil & gas, zinc-leadsilver (through 64.9% stake in HZL and 100% stake in erstwhile zinc-lead business of Anglo American), copper, iron ore, aluminium and commercial power (largely in standalone business but in subsidiaries as well). The company was formed through the merger of Sterlite Industries into Sesa Goa along with acquisition of additional 38.8% stake in Cairn.

Segments and Products

The Company's segments include

1.Copper, which consists of manufacturing of copper cathode, continuous cast copper rod and anode slime, including from purchased concentrate and manufacturing of precious metal from anode slime, sulfuric acid, phosphoric acid;
2.Iron ore;
3.Aluminium, which consists of manufacturing of alumina and various aluminum products;
4.Power, which consists of power, including power facilities engaged in generation and sale of commercial power, and
5.Other, which consists pig iron and metallurgical coke. Its iron ore business consists of iron ore exploration, mining, beatification and exports.

The Company has iron ore mining operations in the States of Goa and Karnataka. Its copper

business consists of custom smelting. Its power business consists of 2,400 megawatt thermal coal based power facility in the State of Odisha.