Presentation of Vedanta Resources, India

Transcription

1 Presentation of Vedanta Resources, India The Company Vedanta Resources is interested to recruit engineers (who are currently in final year of engineering) and interns (who are currently in third year of engineering) from VUT, Brno. We are already planning a visit to Europe in last week of Oct '09 and are covering four universities across Europe. Introduction about our company and detailed proposal is as follows: Vedanta resources is in the business of metals and mining with revenues in excess of USD 8.2 billion in FY Its principal operations are located throughout India, with further operations in Zambia and Australia. The major metals produced are aluminium, copper, zinc, iron ore and lead. 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. We were keen to offer jobs to final year students of Chemical and Metallurgy Engineering and also offer internship programs to third year students of engineering. Our Corporate presentation can be found in a separate file. For more information about the company, please visit Our proposal is as follows: For Graduate Engineers (Final year students of engineering) 1. Remuneration: USD 2000 per month 2. Furnished Bachelor's Accommodation 3. Medical and Personal Insurance 4. Air tickets at the time of joining and One return trip per annum to Hometown For Interns (3rd year engineering students) 1. Remuneration: USD 1000 per month 2. Furnished Bachelor's Accommodation 3. Medical and Personal Insurance 4. Travel tickets from Base town to India and back to Base Town on completion of internship Also to state that Average cost of living in India is between USD 150 to USD 200 per month.

2 Iron Ore Exploring your career with Vedanta

3 Flow of the Presentation Vedanta Resources Plc A Brief Introduction Overview of The Businesses Under Vedanta Corporate Social Responsibility Environment, Health & Occupational Safety Working With Vedanta

4 Vedanta Resources Plc A Snapshot 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 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. 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 Navin Agarwal Group CEO MS Mehta

5 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)

6 Global Operations India Zambia Konkola Deeps Mine KCM smelter and refinery Australia zsterlite Copper facilities zhindustan Zinc facilities zmalco facilities zbalco/val facilities Mt. Lyell Mine zsesa Goa facilities

7 Vedanta Resources Plc A Snapshot A leading producer of key commodities in India FY2008 Group turnover : US $ 8,203 million (up 26.2%) FY2008 Group EBITDA : US $ 3010 million (up 11.4%) Investment of over $ 8-10 billion in Brown/ Greenfield project under implementation Indian market shares (2008) Zinc Vedanta (HZL) 75% Production FY 2008 Copper Only integrated zinc producer 426Kt Vedanta (Sterlite) 42% Production FY 2008 One of two leading copper producers 339Kt Aluminium Vedanta (BALCO & MALCO) 21% Production FY Kt One of three aluminium producers

8 Milestones in Vedanta Growth Sesa Goa Ltd USD 8.2 Billion From being a lesser known 0.4 USD Million company in 1979, it is now a USD 8.2 Billion Global Major.

9 Evolution of Group Production Capacity : Delivering Strong Returns : Aluminium Zinc-Lead Copper Captive Power Iron ore Independent Power 9,000 8, % 8,204 90% 80% ktpa 7,000 6,502 70% ktpa 6,000 60% ktpa 754ktpa 1,000ktpa USD Million 5,000 4,000 3, % 37.9% 3,702 2, % 3,010 50% 40% 30% ktpa 600ktpa 1000ktpa 1,000ktpa 2,000 1, % 1, % 963 1,290 1, % 10% 0% MW 1,350MW Revenue EBITDA ROCE ** **ROCE excludes capital work in progress mtpa 25mtpa 2,400MW 9,600MW 3,000MW Optimise performance of existing assets Organic growth Consolidate group structure Acquisitions

10 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) Rio Tinto with Alcan UC Rusal Alcoa Vedanta aspiration Chalco Hydro Aluminium BHP Billiton Dubal Alba Century Aluminum CVG Hindalco CBA Tajik Government Nalco Vedanta 2,034 1,577 1, ,318 4,144 3,818 3,500 Vedanta - aspiration Xstrata AG Vedanta - HZL Zinifex New Boliden Glencore Votorantim Teck Cominco Limited Industrias Penoles Shenzhen Zhongjin Lingnan Yunnan Chihong Metallurgy Anglo American plc ,100 Codelco Vedanta aspiration F-McM Copper & Gold Xstrata AG Nippon Mining and Metals Norddeutsche Affinerie BHP Billiton Sumitomo Metal Mining KGHM Polska Miedz Jiangxi Copper Company Tongling Mitsubishi Materials Vedanta Southern Copper (ex SPCC) Yunnan Copper Cumerio RAO Norilsk Rio Tinto UGMK Kazakhmys Birla Copper 1, ,100 2,093

11 PRESENCE IN INDIA Ludhiana Delhi BALCO Faridabad Jaipur Hindustan Zinc Udaipur Copper Refinery & Rod Plant Silvassa Indore Korba Vedanta Alumina, Lanjigarh Mumbai Hyderabad Vizag Corporate office Sesa Goa Goa Marketing office/sales Depot Plants Bangalore Chennai MALCO Mettur Tuticorin Copper smelter Refinery & Rod Plant

12 Flow of the Presentation Vedanta Resources Plc A Brief Introduction Overview of The Businesses Under Vedanta Corporate Social Responsibility Environment, Health & Occupational Safety Working With Vedanta

13 Hindustan Zinc Limited Turnover: Rs Cr EBITDA : Rs Cr. Only fully integrated Zinc-Lead producer in the country. Having three lead-zinc mines, two smelters in Rajasthan and one at Vizag Market leader with 75% market share of country s Zinc demand. Providing direct employment to over 6500 people. Strive for continuous improvement in Environment, Health & Safety performance of its operations. Stimulating work environment. Galvanizing India s growth. Winner of awards like FICCI, Dun & Bradstreet, FIMI, Greentech Safety Award, Golden Peacock, Energy Conservation Award

14 Hindustan Zinc : Smelters 2 nd Largest Integrated Zinc Producer in the World Chanderiya Complex Pyrometallurgical Lead Zinc Smelter: 105,000 t Zinc 35,000 t Lead 120 t Silver Hydrometallurgical Zinc Smelter: 420,000 t Zinc Ausmelt TM Lead Smelter: 50,000 t Lead 851,000 t Sulphuric Acid Captive Power Plant: 234 MW INDIA Debari Smelter Hydrometallurgical Zinc Smelter: 88,000 t Zinc 419,000 tpa Sulphuric Acid Captive Power Plant: 29 MW Vizag Smelter Hydrometallurgical Zinc Smelter: 56,000 t Zinc 91,000 tpa Sulphuric Acid Capacity Build-Up (t) Product Zinc 169, , , ,000 Lead 35,000 85,000 85, ,000 C.P.P 234 MW 234 MW 474 MW

15 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

16 Hindustan Zinc Ltd. - Chanderiya Cell Room

17 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 and OHSAS 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

18 Copper High Quality Asset Base Silvassa Refinery 1,90,000 TPA Copper Cathode Refinery 1,60,000 TPA CCR Capacity summary Installed capacity 4,00,000 TPA of Copper Anode 4,00,000 TPA of Copper Cathode 2,50,000 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

19 Sterlite Industries (India) Ltd.- Tuticorin Plant

20 Copper Operations (Australia) Copper Mines of Tasmania (CMT) Mine acquired by Sterlite in 1999 Wholly owned by Sterlite (100% Stake) CMT has reserves of 12.4 MT and produces 100,000 tonnes of copper concentrate The Copper Mine supplies approximately 7% of Sterlite's copper concentrate requirements.

21 Copper Operations (Zambia) Konkola Copper Mines Turnover - $1,015.9 million (44% increase) EBITDA - $468.3 million (127% increase) Vedanta Resources acquired a 51% stake in Konkola Copper Mines (KCM), Zambia in 2004 KCM's assets consist of three Mines, a Leaching Plant and a Smelter. Fully integrated Copper Producer KCM has reserves of approximately 156 million tonnes of Copper Copper Production of 1,42, 000 TPA

22 Aluminium High Quality Asset Base Capacity summary Bodai-Daldali Deposit Bauxite deposit: Reserves of 9 Mt Korba Complex 2,00,000 TPA Alumina Refinery 3,45,000 TPA Aluminium Smelter 540MW and 270 MW Captive Power Plant Mainpat Mine Bauxite mine Reserves of 7 Mt Installed capacity Smelter Balco: 3,45,000 TPA of Aluminium Malco: 40,000 TPA of Aluminium Turnover US$ million EBITA( ) US$ million Key projects Yercaud Mine Bauxite mine Reserves of 0.16 Mt of bauxite Kolli Mine Bauxite mine Reserves of 0.30 Mt of bauxite Orissa Project Plans for a Mtpa alumina refinery Mettur Dam Complex 1,20,000 TPA Alumina Refinery 40,000 TPA Aluminium Smelter 75 MW Captive Power Plant

23 Aluminium Expansion Project ($ 900m) Korba Smelter 650,000 MT smelter Power Plant : 4X300 MW Time frame: Nov 2010 Mettur Smelter Power Plant : 1X25 MW Time frame: September 2008

24 BALCO - Korba Aluminium Smelter

25 Malco Aluminium Plant (Mettur( Mettur)

26 Alumina Project ($800m) Vedanta s entry into the highly attractive Alumina market Project overview FIRST PHASE Mtpa alumina refinery 90 MW power plant Includes bauxite mining facilities SECOND PHASE 3 Mtpa alumina refinery 210 MW power plant Includes bauxite mining facilities

27 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

28 Sesa Goa Ltd. Sesa Goa Limited Turnover : US$ million EBITDA : US$ 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 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.

29 The Sesa Group q Sesa Goa Limited q Mining Division q Met Coke Division q 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 Pr of i t, Rs. Cr or e

30 Overview Sesa Goa Mines SONSHI MINE IN GOA CHITRADURGA MINE IN KARNATAKA

31 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 MW. z We are building a 2400 MW coal based power plant at Jharsuguda, Orissa investing Rs. 76,000 million.

32 Optical Fibre - SOTL Units in Aurangabad and Silvassa Meets close to 68% of the country's requirement Holds Several Patents

33 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

34 Vedanta University Realizing a dream Converting a vision into reality

35 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.

36 Three key planks of VU Greater Learning Greater access to quality education Put India on global education map and build a globally diversified student community Leading Research 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 Contribution to Society 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

37 Flow of the Presentation Vedanta Resources Plc A Brief Introduction Overview of The Businesses Under Vedanta Corporate Social Responsibility Environment, Health & Occupational Safety Working With Vedanta

38 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.

39 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

40 Flow of the Presentation Vedanta Resources Plc A Brief Introduction Overview of The Businesses Under Vedanta Corporate Social Responsibility Environment, Health & Occupational Safety Working With Vedanta

41 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

42 Flow of the Presentation Vedanta Resources Plc A Brief Introduction Overview of The Businesses Under Vedanta Corporate Social Responsibility Environment, Health & Occupational Safety Working With Vedanta

43 Working with Vedanta Opportunity to work with highly qualified professionals with proven track record in the industry. Opportunity to work abroad (Australia, Zambia) Job rotation and special assignments to help develop all round capabilities of individuals Management Development Programme at IIM, Ahmedabad for SBU Heads Special training at Indian Institute of Technology for young Engineers Stars of Business High track performers are identified under the scheme and given higher roles and responsibilities.

44 Working with Vedanta The Vedanta Mentor is a programme to lend a helping hand in professional as well as personal life 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 Stars of the Business which aims at nurturing internal talent and taking higher responsibilities.

45 Cultural Activities Sports Golf, Cricket, Tennis, Football etc. Picnics Movie Screenings Family Get-togethers Celebration of holidays like Holi, Diwali, New Year etc. Annual Day Celebrations In-house Magazines Contribution by all employees

46 Golf Course - Chanderiya

47 Recreation Facilities

48 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 & Thin of Action Have Fire in the Belly Then.

49 Come and join Vedanta!

50 Thank you Iron Ore