Financial Daily from THE HINDU group of publications
Tuesday, Dec 10, 2002
Financial Daily from THE HINDU group of publications Tuesday, Dec 10, 2002 |
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Corporate
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Announcements Hindalco Gurdari mines shut down temporarily Our Bureau
MUMBAI, Dec. 9 HINDALCO Industries Ltd has informed the Bombay Stock Exchange that operations at its Gurdari mines have been temporarily closed. The company said that on the night of December 3 a group of unidentified armed persons entered into the company's Gurdari bauxite mines premises in Jharkhand and burnt a fleet of mining equipment. The company has taken up the matter with the administration at different levels to beef up the security in all its mines. Gurdari mines supplies around 10 per cent of the company's monthly requirement of bauxite. Temporary closure of Gurdari mines will not impact its alumina refinery operations as the company has sufficient inventory of bauxite and operations at other mines at Jharkhand are normal from where it will be able to step up its requirement.
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