This market resolves YES if Vedanta Aluminium (Vedanta Limited)'s primary aluminum production for calendar year 2027 (January 1 – December 31, 2027) exceeds 2.6 million tonnes.

Settlement is May 31, 2028 — the close pushes ~5 months past year-end so the producer's full-year financial report and December 2027 monthly print are well-published before resolution.

Context. Vedanta Aluminium is part of Vedanta Limited; primary smelters at Jharsuguda and BALCO (Korba). FY24 (Apr 2023 – Mar 2024) production was ~2.4 Mt with brownfield expansion ramping at Lanjigarh refinery and Jharsuguda smelter. Vedanta's stated FY26 target is ~2.8–3.0 Mt. The 2.6 Mt strike for calendar 2027 sits near the median plausible outcome; calendar-year resolution sums FY27 Q4 + FY28 Q1–Q3 quarterly releases.

Resolution sources (priority order):

Vedanta Limited quarterly results and annual report https://www.vedantalimited.com/

Vedanta Aluminium quarterly production updates https://vedantaaluminium.com/

International Aluminium Institute (IAI) primary aluminum statistics https://international-aluminium.org/statistics/primary-aluminium-production/

Reuters / Bloomberg / Argus aluminum coverage for cross-validation

Related markets across the cluster (calendar year 2027)

Upstream supply:

• Indonesia primary aluminum production

• Indonesia alumina capacity

• China alumina production

• Guinea bauxite exports

Producers (CY2027):

• Alcoa

• Century

• Chalco

• EGA

• Hindalco

• Hongqiao

• Norsk Hydro

• Rio Tinto

• Rusal

Electricity hubs (CY2027):

• MISO Indiana Hub

• Nord Pool

• OMIE Spain

• Vic NEM

• WA SWIS

Same market, other calendar year:

• Vedanta CY2028