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Copper producer takes $200-million hit after plant shutdown

Posted On: Jun. 17, 2019 5:41 AM CST

Anil Agarwal, chairman of miner India-based Vedanta Ltd., said that a shutdown at its copper smelter plant in the state of Tamil Nadu has cost the company $200 million in lost profits, Business Line reported. The government of Tamil Nadu ordered a permanent shutdown of the plant after police fired on protesters and killed 13 people on May 22, 2018.

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