Vedanta May Mine Bauxite at Orissa by End of Year
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Vedanta Resources Plc, battling criticism from environmental groups and some shareholders over plans to extract bauxite in India’s Niyamgiri mountains, said it may begin mining at the site as early as the end of the year.
“All is going well,” Vedanta Chief Executive Officer Mahendra Singh Mehta said in an interview in London. “It shouldn’t take more than three weeks for the government to decide” on approvals after it receives an environment ministry report scheduled for this month.