Tamil Nadu government orders permanent closure of Sterlite’s Tuticorin copper smelter [UPDATED]

Sterlite’s 400,000-tonne-per-year Tuticorin refined copper smelter has been ordered to shut permanently by the Tamil Nadu government, its parent company Vedanta Resources confirmed today.

“The government endorse the closure direction of the Tamil Nadu Pollution Control Board and also direct the Tamil Nadu Control Board to seal the unit and close the plant permanently,” a statement from the Tamil Nadu state government said on Tuesday 28.
Vedanta Resources, Sterlite’s parent company, noted that they received the order in a statement on the London Stock Exchange today May 29.
“We are further studying the order and shall keep the stock exchanges updated on any developments,” Vedanta said.

The permanent closure order comes after protests against the...


Gladdy Chu

Archie Hunter

May 29, 2018

09:05 GMT