Vedanta may shut down refinery from Friday
Submitted by daya on Thu, 2012-10-11 14:41
Vedanta Aluminium Ltd (VAL), which had announced to close down its alumina refinery in Odisha from December 5 for want of bauxite, may go for a temporary shutdown of the facility in a day or two, much before the due date.
With no immediate supply of bauxite in sight, the company said, it will be compelled to shut the refinery for 10-15 days, latest by Friday. “Going by our current stock of bauxite, we will not be in a position to run the refinery after a day or two. Then, we have to take a painful decision to shut our refinery plant for 10-15 days.
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External URL:
http://www.business-standard.com/india/news/vedanta-may-shut-down-refineryfriday/489200/
Publication Date:
11/10/2012