Metals & Minning-Sesa Goa

Go Back

Metals & Minning-Sesa Goa

  • Net income from Operations Rs 2,554 crore (US$ 431.56 million) in FY 13
  • 7th Largest global diversified natural resources major
  • 80 per cent of Zinc market share by sales volume for India
  • Contributing 25 per cent to India's domestic crude oil production
  • 64 per cent of non-hazardous waste generated recycled every year

Sesa Goa Ltd is a subsidiary of Vedanta Resources Plc, the London listed FtSe 100 diversified metals and mining major. The company is India’s largest producer and exporter of iron ore in the private sector (except in FY 2013).

Iron ore mining operations are carried out in Goa and Karnataka. The Company also manufactures pig iron and metallurgical coke.

In 2011, Sesa Goa Ltd had acquired iron ore assets in Liberia, with around 1 billion in reserves and resources across three deposits - Bomi Hills, Bea Mountain and Mano River, located at a distance of 70-140 kilometers from the port at Monrovia. Extensive drilling at Liberia assets has confirmed a billion tonne of iron ore deposit last year with further multifold upside.

The company produces pig iron and metallurgical coke and provides proprietary technology in met coke manufacturing. Sesa is also developing the Western Cluster iron ore project in Liberia. Sesa holds 20 per cent interest in cairn india limited, India’s second largest private sector upstream oil company (by reserves).

Source: http://www.sesasterlite.com

Sesa Goa: Global Diversified Natural Resources Company

2013 Sesa Goa merges with Sesa Sterlite Industries
2012 Acquires remaining 49 per cent stake in WCL
2012 Ranks among the top companies in carbon disclosure Leadership Index in India
2011 Company is the first Iron Ore mining company in the World certified SA 8000
2011 Acquires 1.5 per cent stake in Cairn India Ltd

Updated: June, 2014

Steel
India is expected to become the second-largest steel producer in the world by 2016.
x IBEF : India Brand Equity Foundation