Anil Agarwal owned mining conglomerate Vedanta expects aluminium to stay its biggest profit driver on the back of strong global demand, firm prices, and lower costs.

Ajay Goel, Group Chief Financial Officer of Vedanta noted that aluminium has become the largest contributor to Vedanta’s profit pool and remains central to the company’s growth strategy.

“Looking at the pricing over the last couple of months, the pricing aluminium is upwards of $2850 per tonne. Globally, aluminium remains a metal in demand. It also remains and substitute for the green metal. We do see in near future, the demand for aluminium remains lofty,” he added.

Prices are expected to stay elevated in the near term, ranging between $2,850 and $3,000 per tonne.

Another major profit driver for the aluminium segment is

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