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Business News Today: Latest Business News, Finance News

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Vedanta arm Runaya expands critical metals production
2026-05-14 · via Business News Today: Latest Business News, Finance News

Runaya Metsource Ltd, a Vedanta company, has said that it is expanding its critical metals production platform with new capacities under execution for cobalt, cadmium and copper, alongside other base metals and their compounds.

Runaya currently operates fully commissioned facilities in Rajasthan with installed capacity of over 70,000 tonnes per annum, converting industrial residues into a portfolio of critical and base metals.

As part of its growth strategy, Runaya is expanding its capacity at Zinc Industrial Park in Rajasthan. A media statement said that the new expansion positions Runaya to scale into a multi-critical metal production platform, creating a cluster-driven ecosystem in India while supporting local job creation.

Metals’ recovery

It said that cobalt, cadmium and copper are foundational inputs for energy storage, EV systems, power grids, renewable energy infrastructure, electronics and data centres. Scaling domestic production of these metals through advanced processes such as solvent extraction directly supports India’s critical minerals mission and reduces import dependence in sectors vital to the country’s industrial future.

Quoting Naivedya Agarwal, Managing Director of Runaya, the statement said: “We are advancing India’s Critical Minerals Mission by developing an integrated circular platform for the recovery of critical metals. With current operations and additional capacity, we are creating a cluster-driven large-scale, value-added manufacturing ecosystem. This growing scale supports long-term domestic security across energy, mobility, electronics and advanced manufacturing, while delivering sustainable value.”

Published on May 14, 2026