30th Apr 2008 09:48
Vedanta Resources PLC30 April 2008 30 April 2008 Hindustan Zinc Successfully Completes 88 kt Debottlenecking Project Vedanta Resources plc's ("Vedanta") subsidiary, Hindustan Zinc Limited ("HZL")has announced that it has successfully completed its 88,000 tpa zincdebottlenecking project at the Chanderiya and Debari smelters two months aheadof schedule. The total metal production capacity is now 754,000 tpa. HZL hasalready enhanced its ore production capacity to 7.1 million tonnes per annum. The successful completion of the debottlenecking projects, together with HZL'srecently announced brownfield smelter projects, will increase total productioncapacities of zinc and lead to 1,065,000 tonnes per annum and make HZL theworld's largest zinc-lead producer by 2010, with fully integrated mining andcaptive power generation. Construction of HZL's 80 MW captive power plant at Zawar is also progressing onschedule and is expected to be commissioned by mid-2008. For further information, please contact: Sumanth Cidambi [email protected] Director - Investor Relations Tel: +44 20 7659 4732 / 91 22 6646 1531Vedanta Resources plc James Murgatroyd Robin Walker Finsbury Tel: +44 20 7251 3801 About Vedanta Vedanta is a London listed FTSE 100 diversified metals and mining major. Thegroup produces aluminium, copper, zinc, lead and iron ore and also commercialenergy. Vedanta has operations in India, Zambia and Australia and a strongorganic growth pipeline of projects. With an empowered talent pool of 30,000employees globally, Vedanta places strong emphasis on partnering with all itsstakeholders based on the core values of entrepreneurship, excellence, trust,inclusiveness and growth. For more information visit www.vedantaresources.com Disclaimer 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," "should" or "will." Forward-looking statements by their nature addressmatters that are, to different degrees, uncertain. For us, uncertainties arisefrom the behaviour of financial and metals markets including the London MetalExchange, fluctuations in interest and or exchange rates and metal prices; fromfuture integration of acquired businesses; and from numerous other matters ofnational, regional and global scale, including those of a political, economic,business, competitive or regulatory nature. These uncertainties may cause ouractual future 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 ExchangeRelated Shares:
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