Vedanta Resources announces lower profit
Profit declined by 24.7% at India-focused miner Vedanta Resources in the 6 months to 30 September and earnings fell 7%. beacuse of the falling lead LME prices and rising input/energy costs.
Anil Agarwal, chairman of Vedanta Resources, said:
In these challenging and uncertain markets, the group has produced a strong performance and we continue to make progress on our key strategic priorities.
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Thu, Nov 6, 2008
Post by Melissa Pistilli, Lead Senior Reporter