NEWS
Copper   Metallurgical Machinery & Equipment  

Vedanta seeks approval to repair ‘crumbling’ copper smelter

Vedanta Ltd. sought approval from the administration of the southern Indian state of Tamil Nadu to repair its copper smelter as the plant is “crumbling” after being ordered to remain shut for more than a year.

The factory’s cooling towers and pipe ducts have collapsed, Pankaj Kumar, chief executive officer of the unit, Sterlite Copper, said in a phone interview.

“We have approached the local government to be allowed to keep the plant in an healthy condition,” Kumar said. “It will get worse and worse.”

The state government closed the smelter in May last year after 13 people died when police opened fire on protesters

Vedanta, backed by billionaire Anil Agarwal, stopped operations at the smelter for maintenance in March 2018 and later extended the shutdown due to mounting opposition from villagers against alleged pollution caused by the plant. The state government closed the smelter in May last year after 13 people died when police opened fire on protesters.

The prolonged closure of the 400,000 tons a year smelter has “significantly” cut India’s copper cathode production, according to the nation’s Mines Ministry. Output plunged 40% from a year earlier during the April-March financial year to 457,245 tons, data showed. India’s refined copper consumption is estimated at 660,000 tons annually, about 3% of the world market, it said.

Shambhu Kallolikar, principal secretary to the government of Tamil Nadu, could not be reached for comment on his office phone.

After multiple court hearings, including a favorable verdict for Vedanta by the National Green Tribunal, the Supreme Court in February stalled the reopening, saying the environment court didn’t have the jurisdiction to decide on the matter. It directed the company to file a petition with the state’s high court.

The shutdown also cut the country’s refined copper exports by 87% during the 12 months ended March 31 to about 50,000 tons from a year earlier, while imports more than doubled to 95,713 tons, according to the trade ministry data.

News No: 6498
Date: 2019/10/05 - 21:20
News Source: Mining.com

Anil Agarwal  Sterlite Copper  copper smelter  Vedanta 

Comments:

Leave a Comment:

   
   
   
 

Vedanta’s COVID-19 initiative benefit over 7 lakh people

Vedanta Ltd. said the company’s initiative to ensure safety and prevention measures to fight against COVID-19 have reached over 7 lakh people in Odisha. Vedanta’s Odisha operations have joined forces with the state, district and communities in the fight against pandemic.
 

Vedanta Lanjigarh conducting CSR health initiatives and sensitization programmes for COVID-19

While the entire nation is preparing for battling the lethal COVID-19, the news comes that even Vedanta’s Lanjigarh alumina refinery is conducting awareness and sensitization programmes in the community on account of the virus outbreak. The team has already reached out to more than 14 villages for raising awareness on the disease.
 

Vedanta Ltd’s Jharsuguda bags CII- EHS Award 2019

Vedanta Ltd’s Jharsuguda bagged the prestigious CII- EHS Award 2019 at the 15th State Level Competition on Best Practices in Environment, Health and Safety (HSE).
 

Zambia-Vedanta row escalates, mining minister calls company “criminal”

Zambia has escalated its attacks on miner Vedanta, owned by Indian mining magnate Anil Agarwal, saying the company has been involved in criminal activities, including underpaying taxes and breaking investment promises.
 

Top 50 biggest mining companies

MINING.COM’s ranking of the world’s 50 largest mining companies based on market value show a revived industry entering the 2020s, but with diverging fortunes for certain subsectors.
 

Vedanta’s Lanjigarh alumina refinery wins Greentech safety award 2019

The Lanjigarh alumina refinery of Vedanta Limited received the Greentech Safety Awards 2019 at the 18th Annual Greentech Occupational Health, Safety and Disaster Management Conference for exceptional performance in the field of safety at the workplace.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners