Sesa Sterlite Limited: Permission for Resumption of Mining Operations at
GOA, India -- December 28, 2013
Sesa Goa Limited (now Sesa Sterlite Limited) received permission from the
Honorable Supreme Court appointed Monitoring Committee to resume the mining
activities at its Karnataka mine. Accordingly, the Company has commenced its
mining operations today, in accordance with stipulated conditions.
The Honorable Supreme Court of India had earlier given the clearance for
resumption of mining operations for A and B category mines in Karnataka, vide
its order dated 18 April 2013.
About Sesa Sterlite Limited
Sesa Sterlite Limited (“Sesa Sterlite”) is one of the world’s largest
diversified natural resource companies. Our business primarily involves
exploring, extracting and processing minerals and oil & gas. We produce oil &
gas, zinc, lead, silver, copper, iron ore, aluminium and commercial power and
have a presence across India, South Africa, Namibia, Ireland, Australia,
Liberia and Sri Lanka. Sesa Sterlite has a strong position in emerging markets
with over 80% of its revenues from India, China, East Asia, Africa and the
Sustainability is at the core of Sesa Sterlite’s strategy, with a strong focus
on health, safety and environment and on enhancing the lives of local
Sesa Sterlite is a subsidiary of Vedanta Resources Plc, a London listed
company. Sesa Sterlite is listed on the Bombay Stock Exchange and the National
Stock Exchange in India and has ADRs listed on the New York Stock Exchange.
Registered Address: Sesa Sterlite Limited, Sesa Ghor, 20 EDC Complex, Patto,
Panjim, Goa - India - 403 001
This press release contains “forward-looking statements” – that is, statements
related to future, not past, events. In this context, forward-looking
statements often address our expected future business and financial
performance, and often contain words such as “expects,” “anticipates,”
“intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward–looking
statements by their nature address matters that are, to different degrees,
uncertain. For us, uncertainties arise from the behaviour of financial and
metals markets including the London Metal Exchange, fluctuations in interest
and or exchange rates and metal prices; from future integration of acquired
businesses; and from numerous other matters of national, regional and global
scale, including those of a political, economic, business, competitive or
regulatory nature. These uncertainties may cause our actual future results to
be materially different that those expressed in our forward-looking
statements. We do not undertake to update our forward-looking statements.
Sesa Sterlite Limited
Ashwin Bajaj, Senior Vice President – Investor Relations, +91 22 6646 1531
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