Sterlite Industries is the principal subsidiary of Vedanta Resources plc, a diversified and integrated FTSE 100 metals and mining company. Our primary operations for each of our main metals (aluminium, copper, zinc and lead) are located in India and Australia. During the year 2010-11 Sterlite, completed the acquisition of Zinc assets of Anglo-American Plc. (Anglo Zinc) comprising its Skorpion mines in Namibia, Lisheen mines in Ireland and 74% owned Black Mountain mines in South Africa which includes the Black Mountain mine and the Gamsberg project. With this acquisition, we have further consolidated our position as the world’s largest integrated zinc-lead producer with significant reserves and resources of 478 million tonnes. Having substantial global presence, Sterlite Industries is listed on BSE, NSE and NYSE.
Our principal operating companies comprise:
- Hindustan Zinc Limited (HZL), India for its fully integrated zinc and lead operations
- Sterlite Copper (SIIL) - Tuticorin & Silvassa, India for its copper operations
- Copper Mines of Tasmania Pty Limited (CMT), Australia for its copper mining operations
- Bharat Aluminium Company (BALCO), India for its aluminium and alumina operations
- Sterlite Energy Limited (SEL), India for its commercial power generation business
Group Structure Management Structure of Sterlite Industries (India) Ltd
Our Vision To create a world class, diversified resources company with high quality assets, low cost production, providing superior returns to our shareholders
We foster an entrepreneurial spirit throughout our businesses and value the ability to foresee business opportunities early in the cycle and act on them swiftly. Whether it be developing organic growth projects, making strategic acquisitions or creating entrepreneurs from within, we ensure an entrepreneurial spirit at the heart of our workplace.
We continue to deliver growth and generate significant value for our shareholders. Moreover, our organic growth pipeline is strong as we seek to continue to deliver significant growth for shareholders in the future. We have pursued growth across all our businesses and into new areas; always on the basis that value must be delivered.
Achieving excellence in all that we do is our way of life. We strive to consistently deliver projects ahead of time at industry-leading costs of construction and within budget. We are constantly focused on achieving a top decile cost of production in each of our businesses. To achieve this, we follow a culture of best practice benchmarking.
The trust that our stakeholders place in us is key to our success. We recognise that we must responsibly deliver on the promises we make to earn that trust. We constantly strive to meet stakeholder expectations of us and deliver ahead of expectations.
We practise sustainability within the framework of well-defined governance structures and policies, and with the demonstrated commitment of our management and employees. We aim that our projects make a net positive impact on the environment, wherever we work.