Business & Finance

Sterlite declares force majeure on copper sales from India plant

Published April 3, 2013 Updated April 3, 2013 01:45pm

1 min

By Muhammad Iqbal

Add BRecorder as a trusted
source on Google

TUTICORIN: Sterlite Industries (India) declared force majeure on deliveries of copper from India's largest smelter following the closure of the plant last week after complaints of a gas leak, a senior company official said on Wednesday.

The company also exercised force majeure on purchases of copper concentrates, the base material used by the plant, general manager of projects D. Dhanavel told Reuters.

Read Comments