23rd Apr 2013 09:31
23 April 2013
Vedanta Resources plcKCM announces Update on Production interruption at Nchanga Smelter, Chingola
The following press release was issued by Vedanta Resources plc's subsidiary Konkola Copper Mines plc (KCM).
Press Release
Konkola Copper Mines: Update on Production interruption at Nchanga Smelter, Chingola
Following the metal leak at the Flash Smelting Furnace of the Nchanga Smelter on Friday 19th April 2013, KCM is advancing its 15-day maintenance shutdown of the Nchanga smelter scheduled for September 2013 to coincide with the current shutdown, while copper cooling elements of the furnace are being replaced. Mined metal production remains unaffected by the smelter shutdown. Smelter production is expected to resume within four weeks, and H1 smelter production as per company plan is expected to be unaffected.
For further information, please contact:
Investors: Ashwin Bajaj Senior Vice President - Investor Relations Vedanta Resources plc
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Tel: +44 20 7659 4732 / +91 22 6646 1531 |
Media: Gordon Simpson Faeth Birch Finsbury |
Tel: +44 20 7251 3801 |
About Vedanta Resources plc
Vedanta Resources plc ("Vedanta") is a London listed FTSE-100 diversified global resources major. The group produces Aluminium, Copper, Zinc, Lead, Silver, Iron ore, Power, and Oil and Gas. Vedanta has world-class assets in India, Zambia, South Africa, Namibia, Ireland Liberia, Australia and Sri Lanka and a strong organic growth pipeline of projects. With an empowered talent pool globally, Vedanta places strong emphasis on partnering with all its stakeholders based on the core values of entrepreneurship, excellence, trust, inclusiveness and growth. For more information, 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.
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