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Copper India Update

10th Apr 2018 08:32

RNS Number : 3923K
Vedanta Resources PLC
10 April 2018
 

10 April 2018

 

Vedanta Resources plc

Copper India Update

 

Vedanta Resources plc's subsidiary Vedanta Limited today made the below announcement.

 

 

Copper India Update

 

Vedanta Limited had applied for renewal of consent to operate (CTO) for its existing Smelter plant at Thoothukudi (Tuticorin). The application has been rejected for want of more clarifications. The Company is evaluating further course of action.

 

As informed by the Company in the announcement dated March 27, 2018, the scheduled maintenance activities were supposed to be for a period of approximately 15 days from the said date. This is now likely to be extended given the above development. The Company shall update on further developments from time to time.

 

For further information, please contact:

Communications

Finsbury

Arun Arora

Head, Corporate Communications

Tel: +91 124 459 3000

[email protected]

 

Daniela Fleischmann

Tel: +44 20 7251 3801

Investors

 

Rashmi Mohanty

Director - Investor Relations

 

 

Sunila Martis

Associate General Manager - Investor Relations

 

Veena Sankaran

Manager - Investor Relations

Tel: +44 20 7659 4732

Tel: +91 22 6646 1531

[email protected]

About Vedanta Resources

Vedanta Resources plc ("Vedanta") is a London listed diversified global natural resources company. The group produces aluminium, copper, zinc, lead, silver, iron ore, oil & gas and commercial energy. Vedanta has operations in India, Zambia, Namibia, South Africa, Ireland and Australia. With an empowered talent pool globally, Vedanta places strong emphasis on partnering with all its stakeholders based on the core values of trust, sustainability, growth, entrepreneurship, integrity, respect and care. To access the Vedanta Sustainable Development Report 2017, please visit http://www.vedantaresources.com/media/214366/vedanta_sd_report_2016-17.pdf. For more information on Vedanta Resources, please visit www.vedantaresources.com 

Disclaimer

This press release contains "forward-looking statements" - that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and/or exchange rates and metal prices; from future integration 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 actual future results to be materially different that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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