Vedanta Aluminium & Runaya Refining win ‘Gold’ for green technology partnership
18th January 2022
- ‘Best in Recycling or Material Recovery Facility of the Year’ at BW Recycling for Greener Tomorrow Awards 2022
New Delhi; 18th January, 2022: Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, and Runaya Refining, one of India’s fastest growing manufacturing start-ups, have won the ‘Gold’ award at the (Business World) BW Recycling for a Greener Tomorrow Awards 2022 in ‘Best in Recycling or Material Recovery Facility of the Year’ category.
Vedanta Aluminium produces more than half of India’s aluminium at 1.97 million metric tonnes, at its smelters in Jharsuguda (Odisha) and BALCO (Chhattisgarh). Approximately 1.5% of the total quantity is lost in the form of aluminium dross, a by-product that contains recoverable aluminium, aluminium nitrides and oxides, spinel, dimagnesium silicate, gupeiite, and sodium titanate. Runaya Refining, through a technological tie-up with TAHA International S.A., is not only able to improve aluminium recovery to nearly 90%, but also creates value-added products for other industries. After recovering aluminium, Runaya takes the non-metallic portions of the residual dross and processes it to produce briquettes which are used as slag conditioner in the steel industry. At Vedanta’s facility in Jharsuguda, using Runaya’s dross technology has not only ensured a significantly higher metal recovery rate, but also created energy savings to the tune of 800,000 GJ and reducing CO2 emissions in excess of 260,000 tonnes, annually.
Speaking about the award, Mr Rahul Sharma, CEO – Aluminium Business, Vedanta Limited, said, “At Vedanta Aluminium, we are keen to explore and adopt leading-edge green technologies to make our operations more sustainable, create avenues for circular economy, and reduce our carbon footprint in the process. Our partnership with Runaya to eliminate waste and recover metal through a patented cutting-edge technology is such an example.”
Mr Annanya Agarwal, CEO – Runaya Refining, added, “Runaya is a young start-up working in the field of circular economy with a vision to redefine the natural resources industry with leading-edge innovation and technology. Through this pioneering partnership, Vedanta Aluminium and Runaya Refining are not just eliminating an entire waste stream, but also decreasing the steel industry’s dependence on virgin raw materials for slag conditioners – thereby living up to the ideals of circular manufacturing and circular economy.”
Vedanta Aluminium Business, a division of Vedanta Limited, is India’s largest manufacturer of aluminium, producing half of India’s aluminium i.e., 1.97 million tonnes in FY21. It is a leader in value-added aluminium products that find critical applications in core industries. 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
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