Vedanta Mulls Shutting India Alumina Refinery as Prices Collapse

  • Refinery unviable on rising Chinese imports, lack of bauxite
  • Company targets aluminum output of 900,000 tons in 2015-16

Vedanta Ltd., India’s biggest aluminum producer, may close its 1-million metric ton alumina refinery in eastern India as slumping metal prices and surging Chinese imports shrink profit margins.

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