Vedanta Resources expects to restart mining in Karnataka

Wednesday, 09 October 2013 14:13:39 (GMT+3)   |   Istanbul
Indian miner Vedanta Resources has reported no iron ore output for the first half ended September 30 of the current Indian financial year, since the company's iron ore operations in Goa and Karnataka remained suspended. The company said that it is awaiting final statutory clearances to restart mining following the lifting of restriction on mining in Karnataka by India's Supreme Court. Regarding the suspension of mining in Goa, hearings have commenced at the Supreme Court.
 
Meanwhile, in the second quarter of the financial year, Vedanta produced 129,000 mt of pig iron, up 57 percent, while its metallurgical coke output amounted to 88,000 mt, increasing by six percent, both year on year. In the first half, Vedanta's pig iron output almost doubled to 238,000 mt, while its metallurgical coke output was 173,000 mt, 18 percent higher compared to the same period of the previous financial year.
 

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