2. Cautionary Statement and Disclaimer
The views expressed here may contain information derived from publicly available sources that have not been
independently verified.
No representation or warranty is made as to the accuracy, completeness, reasonableness or reliability of this
information. Any forward looking information in this presentation including, without limitation, any tables, charts
and/or graphs, has been prepared on the basis of a number of assumptions which may prove to be incorrect. This
presentation should not be relied upon as a recommendation or forecast by Vedanta Resources plc ("Vedanta").
Past performance of Vedanta cannot be relied upon as a guide to future performance.
This presentation contains 'forward-looking statements' โ that is, statements related to future, not past, events. In
this context, forward-looking statements often address our expected future business and financial performance,
and often contain words such as 'expects,' 'anticipates,' 'intends,' 'plans,' 'believes,' 'seeks,' or 'will.' Forwardโ
looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties
arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in
interest and or exchange rates and metal prices; from future integration of acquired businesses; and from
numerous other matters of national, regional and global scale, including those of a environmental, climatic, natural,
political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future
results to be materially different that those expressed in our forward-looking statements. We do not undertake to
update our forward-looking statements.
This presentation is not intended, and does not, constitute or form part of any offer, invitation or the solicitation of
an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of, any securities in Vedanta or any
of its subsidiary undertakings or any other invitation or inducement to engage in investment activities, nor shall
this presentation (or any part of it) nor the fact of its distribution form the basis of, or be relied on in connection
with, any contract or investment decision.
FY2012 Annual General Meeting - 28 August 2012 2
3. Wide Geographic Footprint
South Africa Oil and Gas
India โข Block-1
Zinc-lead-silver
โข Debari smelter Zinc-lead-silver
โข Chanderiya smelters โข Black Mountain
โข Rampura-Agucha mine โข Gamsberg
Oil and Gas โข Dariba mine, smelters
โข Rajasthan โข Zawar mine Namibia
โข Cambay โข Sindesar Khurd mine
โข Ravva
โข East Coast Zinc-lead-silver
โข West Coast โข Skorpion
โข Sri Lanka
Ireland
Zinc-lead-silver
โข Lisheen
Liberia
Iron ore
โข Liberia Iron Ore
Assets
Aluminium
โข Lanjigarh alumina
refinery Zambia
โข Jharsuguda smelter Copper
โข Korba smelter and
Iron ore โข KCM
power plant
โข Goa โข BALCO coal block
โข Karnataka
Australia
Power Copper
โข Talwandi Sabo โข CMT
Copper
โข Jharsuguda power
โข Tuticorin
โข MALCO power plant
copper smelter
Sri Lanka
FY2012 Annual General Meeting - 28 August 2012 3
4. FY2012 Highlights
Financials
EBITDA of $4.0bn; EBITDA margin 41%1
Underlying EPS of $1.42
Free Cash Flow of $2.5bn2; Cash and Liquid Investments of $6.9bn
Total Dividend at 55 US cents per share
Corporate
Group simplification creates Sesa Sterlite โ on track for completion in CY2012
Integrated Cairn India โ Rajasthan production now at 175kbopd; basin potential of
300kbopd3
Acquired Liberia Iron Ore assets with c.1bn tonnes R&R; first shipment in FY2014
Note: 1. Excludes Copper Custom Smelting operations 2. Free Cash Flow before Growth Capex 3. Subject to approvals
FY2012 Annual General Meeting - 28 August 2012 4
5. FY2012 Highlights
Operations
Growth capex largely invested โ to drive production and cash flow growth
Significant production growth in Silver, Alumina, Aluminium, Power and Oil & Gas
Exploration success at Zinc, Iron Ore and Oil & Gas
Sustainability
New sustainability framework rolled out
LTIFR reduced by 10% over last year
Doubled water recycling across the Group
FY2012 Annual General Meeting - 28 August 2012 5
6. Delivering on Strategic Priorities
Delivered in FY2012 Focus for FY2013
Cairn India and Zinc-Intl Rajasthan ramp-up to significant
GROWTH integrated part of 240kbopd1 in CY2013;
Liberia Iron Ore assets acquired progress towards basin potential of
300kbopd1
16moz Silver capacity at Zinc-
Organic Growth, India Ramp-up at Konkola and Power
Value Accretive
Progressed on organic growth Next leg of growth
M&A
projects
Simplification of the Group Complete the simplification of the
UNLOCK structure announced Group structure
VALUE
Exploration success Adding R&R
Low cost advantage maintained Reduce gearing through strong Free
Optimise Returns Cash Flow post capex
Long Term Value Creation with a Focus on Sustainability
Note: 1. Subject to approvals
FY2012 Annual General Meeting - 28 August 2012 6
7. Responsible Stewardship โ Health & Safety
Health Safety
Investing in technologically advanced Goal is to reach & sustain โZero Harmโ
processes that reduce possible 48% reduction in LTIFR in last five
exposure levels at work area years
Focused programme on elimination of
Regular medical check ups - Over unsafe conditions across units
87,000 medical examinations conducted Exco sub-committee on sustainability
in FY2012 formed - current focus is on safety
performance
Monitoring and review of industrial 134,000 man hours of safety training
hygiene parameters such as noise imparted last year
exposure, illumination levels and Targeting LTIFR less than 0.80 in
manual handling FY2013 and less than 0.50 by FY2016
Vedanta is committed to providing a safe, injury-free and healthy place to work
FY2012 Annual General Meeting - 28 August 2012 7
8. Responsible Stewardship โ Environment
Water
Doubled water recycling to 55.7MCM in FY2012
14.5MCM of rainwater harvested in FY2012
Energy
Energy saving target for FY2013 is 3.9mn GJ,
equivalent to 120MW power station
Climate Change
273MW wind power capacity
61MW generated from waste heat
16.2% decrease in GHG emissions (scope 1 & 2)
per total revenue
Solid Waste
More than 70% of non-hazardous waste
generated is constructively utilised
Extensive research with best institutes in India
to constructively utilize Jarofix and Red mud
Vedanta is committed to mitigating the environmental impact of our activities
FY2012 Annual General Meeting - 28 August 2012 8
9. Adding and Sharing Value โ Our Communities
Community programmes reaching 3.1 million
people
Community spend of US$38 million in FY 2012
Working in partnership with 149 NGOโs and
academic institutions
Focus areasโ Child Care, Education, Women
Empowerment, Sustainable Livelihood , Health
Water & Sanitation and Bio-Investment
US$4.4 billion total contribution to government
exchequers
350 bed Cancer Research Hospital at Raipur
- US$61mn investment
Working in partnership with our communities is an integral part of our strategy
FY2012 Annual General Meeting - 28 August 2012 9
10. Assurance โ Scott Wilson
Vedanta sustainability framework of policies and technical standards completed
The framework has been reviewed independently for compliance with the IFC performance
standards, the ICMM guidelines and the UN Global Compact
Scott Wilson โ 17 points closed, 6 points awaiting review for closure, 4 to be closed by the end
of year
โ Final sign off by June 2013
Formalizing our approach to international standards and best practices
FY2012 Annual General Meeting - 28 August 2012 10
11. Sustainability: Our approach
Embed sustainable development into every aspect of what we do
To improve our health and safety performance for a safer, more secure and
healthier environment
To contribute further and in a more targeted way to local communities
To continue to manage and minimize our impact on air, water and land
To maintain a dialogue with stakeholders to help us further understand what is
needed to help support a sustainable society and planet
FY2012 Annual General Meeting - 28 August 2012 11
12. Summary
Business model based on growth, value Year End Capacity
creation and continuous improvement (in copper equivalent kt)
Zinc-Lead Silver Iron Ore Copper
Strong focus on sustainability Aluminium Power Oil&Gas
4,000
World-class diversified portfolio of large,
structurally low-cost assets with long mine- 3,500
life
โ Recent acquisitions provide additional 3,000
growth options
2,500
Strong cash flow growth driven by 2,000
substantially invested projects
1,500
Group simplification on track for completion
1,000
in CY2012
500
0
FY 2011 FY 2012 FY 2013 FY 2014 FY 2015
Note: 1. All metal and power capacities rebased using average Copper LME and Commodity prices for FY2012
2. Copper custom smelting capacities rebased at TC/RC for FY2012
FY2012 Annual General Meeting - 28 August 2012 12
