Sterlite Industries Allow to Keep Indian Smelter Open

Reuters reported that an Indian court has ruled that Sterlite Industries’  (NYSE:SLT) Indian copper smelter is allowed to remain open, but is required to take extra measures to comply with environmental safety.

As quoted in the Reuters report:

The Sterlite Industries plant, which produces 30,000 tonnes of copper per month, was shut for more than two months from March 30 after complaints from residents over emissions, forcing India to increase imports of copper.

To view the whole Reuters report, click here.