India Globalization Capital Announces Fiscal Third Quarter Results

India Globalization Capital, Inc. (AMEX:IGC) announced third quarter results for the period ending December 31, 2010.

The press release is quoted as saying:

We have been severely restricted in our ability to ship iron ore to our Chinese customers because of a temporary stoppage of iron ore exports, by the Government of Karnataka, in an effort to put processes in place to control the export of illegally mined iron ore.

To read the full press release, click here.