www.alu.com.cn
Vedanta Fiscal Year Ebitda Seen Up 56%
Edited by : AL CIRCLE
1 min read
...results are forecast to rise, primarily due to higher achieved prices across its commodity products, particularly iron ore, copper, aluminum and zinc. Volume growth in copper, aluminum and zinc also contribute to some of the company's profit growth. Analysts will seek an update on how Vedanta's purchase of a 70.4% stake in oil and gas explorer Cairn India (532792.BY) is proceeding. Analysts will also seek an update on the company's plans to IPO its Zambian copper business unit and on whether the company is closer to finding alternative mines in Orissa state to replace its proposed Niyamgiri bauxite mine, which was denied the necessary permits to begin development...
Previous article
LME aluminium hits highest since August 2008
Next articleChinese engineer held in Balco chimney collapse
Grow with
AL Circle
