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Risk management

We remain bullish about FY24 and our focus areas for the next year include enhancing the quality of our rolled product to ensure improved marketability by installing state-of-the-art machinery, expanding our VAP capacity and improving supply chain efficiency.


The Risk Management framework at the Company focuses on risks that have the potential to impact our company’s performance. Our materiality analysis broadens our perspective by considering all of our stakeholders’ expectations of a sustainable business, as well as the risks and opportunities associated with fulfilling those expectations. The risk management strategy at BALCO is intended to evaluate risks on a consistent basis, quantifying likelihood and impact to ensure that the most critical risks to the Company receive the necessary focus and attention from our management team.