Don’t miss the latest developments in business and finance.

Indian Metals & Ferro Alloys announces suspension of mining activities

Image
Capital Market
Last Updated : Apr 05 2014 | 11:55 PM IST

At Sukinda Chromite Mines

Indian Metals & Ferro Alloys has announced that the Company's mining activity at Sukinda Chromite Mines has been suspended with effect from 01 April 2014 as extension of environment clearance beyond 31 March 2014 is still under process.

The Proposal has been recommended by the Expert Appraisal Committee of the MoEF but further processing is held up pending clarification from the Election Commission about applicability of code of conduct. Requisite stock of chrome ore is available at the plants and for the Company does not anticipate any production disruption.

Powered by Capital Market - Live News

Also Read

First Published: Apr 05 2014 | 5:25 PM IST

Next Story