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Update on Tuticorin Smelter

29 May 2018 07:00

RNS Number : 4451P
Vedanta Resources PLC
29 May 2018
 

 

Vedanta Resources plc

16 Berkeley Street

London W1J 8DZ

Tel: +44 (0) 20 7499 5900

Fax: +44 (0) 20 7491 8440

www.vedantaresources.com

 

 

29 May 2018

 

Vedanta Resources plc

Update on Tuticorin Smelter

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

 

 

In continuation to our release dated May 24, 2018, please take note that we have received an Order dated May 28, 2018 from the Government of Tamil Nadu directing the Tamil Nadu Pollution Control Board (TNPCB) to seal the Company's 'Copper Smelter Plant 1 at Thoothukkudi District, Tamil Nadu' and to close the said plant permanently.

 

We are further studying the order and shall keep the stock exchanges updated on any developments.

 

For further information, please contact:

Communications

Finsbury

Arun Arora

Head, Corporate Communications

Tel: +91 124 459 3000

gc@vedanta.co.in

 

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

ir@vedanta.co.in

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 and South Africa. 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 news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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