Commodities Buzz: Vedanta Shuts Down Tamilnadu Copper Plant

Mining major Vedanta said that the Tamil Nadu government issued orders closing its copper smelter plant in Thoothukudi following the recent protest. Vedanta said that it received an order dated 28 May 2018 from the Government of Tamil Nadu directing the Tamil Nadu Pollution Control Board (TNPCB) to seal the companys copper smelter plant 1 at Thoothukkudi District, Tamil Nadu and to close the said plant permanently. Vedanta said it is further studying the order and shall keep the stock exchanges updated on any developments.