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Commissioning of Smelter

1st Dec 2006 14:26

Vedanta Resources PLC01 December 2006 1 December 2006 Vedanta Resources plc Announces Full Commissioning of Korba Aluminium Smelter and Increase of Tuticorin Copper Smelter Capacity to 400,000 tpa Vedanta Resources plc announces that full commissioning of its new 245,000 tpaaluminium smelter consisting of 288 pots has been completed successfully. Theperformance of all pots has been improving steadily and full capacity of 245,000tpa is expected to be reached by the end of this financial year. Furthermore, the de-bottlenecking of the Tuticorin copper smelter to expand itscapacity to 400,000 tpa, is now complete and smelter is now fully operational.This increase in capacity by 100,000 tpa has been achieved ahead of schedule. For further information, please contact: Sumanth Cidambi [email protected] Director - Investor Relations Tel: +44 20 7659 4732 / +91 22 5646 1531Vedanta Resources plc James Murgatroyd Tel: +44 20 7251 3801Robin WalkerFinsbury About Vedanta Resources plcVedanta Resources plc is a London listed diversified metals and mining group.Its principal operations are located throughout India, with further operationsin Zambia, Australia and Armenia. The major metals produced are aluminium,copper, zinc, lead and gold. For further information, please visitwww.vedantaresources.com. DisclaimerThis communication shall not constitute an offer to sell or the solicitation ofan offer to buy securities, nor shall there be any sale of the securitiesdescribed herein, in any jurisdiction, including the United States, in whichsuch offer, solicitation or sale would be unlawful prior to registration orqualification under the securities laws of such jurisdiction. Sterlite has fileda registration statement in the United States under the Securities Act of 1933,as amended, in connection with the offer and sale of securities describedherein. Any public offering of the securities referred to herein to be made inthe United States will be made by means of a prospectus that forms a part ofthis registration statement and that contains detailed information aboutSterlite and its management, as well as financial statements. This press release contains "forward-looking statements" - that is, statementsrelated to future, not past, events. In this context, forward-looking statementsoften address our expected future business and financial performance, and oftencontain words such as "expects," "anticipates," "intends," "plans," "believes,""seeks," or "will." Forward-looking statements by their nature address mattersthat are, to different degrees, uncertain. For us, uncertainties arise from thebehaviour of financial and metals markets including the London Metal Exchange,fluctuations in interest and or exchange rates and metal prices; from futureintegration of acquired businesses; and from numerous other matters of national,regional and global scale, including those of a political, economic, business,competitive or regulatory nature. These uncertainties may cause our actualfuture results to be materially different that those expressed in ourforward-looking statements. We do not undertake to update our forward-lookingstatements. This information is provided by RNS The company news service from the London Stock Exchange

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Vedanta Resources
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