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Mining Weekly reports that Vedanta Resources-owned Sterlite Industries (NYSE:SLT) has confirmed the completion of a $348-million acquisition for a 74% interest in zinc producer Black Mountain Mining. The article states that: Chairperson Anil Agarwal said that the acquisition would consolidate Vedanta’s position as the world’s largest integrated zinc/ lead producer with significant reserves and resources of […]
Mining Weekly reports that Vedanta Resources-owned Sterlite Industries (NYSE:SLT) has confirmed the completion of a $348-million acquisition for a 74% interest in zinc producer Black Mountain Mining.
The article states that:
Chairperson Anil Agarwal said that the acquisition would consolidate Vedanta’s position as the world’s largest integrated zinc/ lead producer with significant reserves and resources of 478-million tons.