Vedanta Aluminium appoints David Stone as CEO-coal mines
Vedanta Aluminium has appointed David Stone as CEO of coal mines to oversee its coal mining operations. Stone will focus on optimizing resource efficiency and sustainable mining practices. Vedanta Aluminium operates five coal mines with a combined...
“Stone’s expertise will be crucial to optimising resource efficiency at Vedanta Aluminium’s thermal power plants in Jharsuguda and Lanjigarh in Odisha and Korba in Chhattisgarh, while also keeping a sharp focus on sustainable mining practices,” it said.
The company has five operating coal mines with a combined capacity of about 40 million tonnes per annum (mtpa).
“We are thrilled to welcome David to Vedanta Aluminium. His proven track record makes him the ideal leader to drive our mining operations, ensuring backward integration to secure raw material and reduce cost of production for our business. His expertise will be invaluable as we enhance our resource efficiency while keeping an eye on ambitious growth plans,” said John Slaven, CEO of Vedanta Aluminium.
Stone’s experience in mining includes notable tenures with Anglo American, Xstrata, and Glencore. He has held leadership positions in roles spanning growth phases, mergers and acquisitions, project development, and the seamless running of operations through to closure, the release said.
Vedanta Aluminium, a part of Vedanta Ltd, manufactures more than half of India's aluminium. In FY24, it produced 2.37 million tonnes of aluminium.
The firm has laid out a comprehensive plan for backward integration, emphasising the importance of a robust coal supply chain, as part of a strategy for expansion and cost reduction, the release said.
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