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TAMIL NADU SMELTER
Vedanta Copper plans $2.3 billion capex, Tamil Nadu smelter restart back on agendaVedanta Copper announced plans to invest $2.3 billion over three to four years to increase its output. The company aims to produce 500,000 ...- Metal stocks: Time to contradict analyst expectations? 5 metal stocks with upside potential from a low 2% to a high of 17%For a long time, there was a familiar pattern in the metal sector. When prices were high and times were good, companies borrowed heavily to...
- Adani’s Kutch Copper sees Rs 750-800 crore quarterly EBITDA this fiscalKutch Copper anticipates stable quarterly operating profit between Rs 750-800 crore this fiscal year. Higher utilization and revenue will o...
- Supreme Court allows Vedanta to produce O2 at TN plantThe Supreme Court on Tuesday allowed Anil Agarwal-led Vedanta Ltd to produce medical oxygen at its shuttered copper smelter in Tamil Nadu, ...
- Vedanta drops 3% as firm loses $200 million in profits in a yearIndia faced a crunch in the availability of refined copper due to Vedanta's Tuticorin smelter closure.
- Vedanta lost USD 200 million in profits in one year of Tuticorin plant shutdown: AgarwalAgarwal added that the stoppage of production at the Tuticorin plant of the firm's unit Sterlite led to the country having to import copper...
- Vedanta moves SC for directions to pollution board on renewing copper plant licenceThe Sterlite Copper factory, owned by Vedanta Ltd, was shuttered in May last year on the back of masive agitations by locals inhabitants.
- Sterlite writes to Tamil Nadu pollution board urging to act on Supreme Court orderSC had given force to NGT order directing pollution board to renew licence.
- SC refuses to stay Green Tribunal’s Sterlite orderThe SC judgement handed the Opposition camp a tool to accuse the AIADMK government of not committing itself to keeping Sterlite plant shut.
- Vedanta to approach Tamil Nadu government to restart Sterlite Copper plant“We are approaching the state government for necessary approvals for restarting the smelter as per SC directions,” Vedanta said.
- Ground water in Vedanta's Thoothukudi smelter contains heavy metals: Arjun MeghwalThe smelter was shut down in May under order of the Tamil Nadu government after 13 people died after coming under police fire during violen...
- Vedanta mixed after CLSA removes stock from ex-Japan portfolioForeign brokerage CLSA excluded the stock from its Asia ex-Japan long only portfolio in favour of Australian oil and gas company Woodside P...
- Court denies Vedanta's interim request to reopen copper smelterNGT did not accept Vedanta's request to reopen the smelter on an interim basis, V. Mowli, a lawyer for the Tamil Nadu Pollution Control Boa...
- Vedanta-Sterlite files petition with National Green Tribunal challenging plant closureThe company has also sought NGT’s permission to allow it to carry out care and maintenance of the plant and other interim reliefs, during t...
- Working to evacuate acid spillage at Tuticorin plant: VedantaThe Anil Agarwal-run conglomerate has filed a writ petition with the Madras HC, highlighting the safety risks due to lack of supervision at...
- India faces copper supply disruption following Sterlite plant shutdownThe shutting down of the 400,000 tonnes a year copper smelter in Tuticorin will reduce India's copper production by about half, forcing imp...
- Rajinikanth greets Tamils on New Year, says life for people in Tamil Nadu a struggleThe actor also greeted people on the occasion of the Tamil New Year which falls today and wished it be "joyful."
- Vedanta's application for renewal of copper smelting unit rejectedThe company said it had applied to Tamil Nadu Pollution Control Board for annual renewal of CTO for its existing smelter plant at Thoothuku...
- British Tamils protest outside Vedanta chief's home in LondonThe protesters sought to demonstrate solidarity with protesters in Tamil Nadu against the expansion of British company Sterlite's copper sm...
- Vedanta to invest Rs 3,000 crore to double copper capacityWe will invest Rs 2,500-3,000 crore in our copper operations to double the capacity from 400 kilo tonnes at present. This will happen by 20...
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