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Tag Archive for 'vedanta'

VAL Picks 24.5% stake in L&T’s Raykal Alumunium For Rs. 200 Crore

Published on June 14, 2012 in Commodities. 0 Comments Tags: alumunium, L&T, raykal, val, vedanla, vedanta.

Vedanta Aluminum has acquired stakes in Larsen and Toubro-promoted Raykal Aluminum. The latter holds a certain bauxite mining licenses in Odisha. The stake acquired was about 24.5 per cent for Rs 200.70 crore. In time, VAL will surely acquire Raykal Aluminum for a total of Rs 1,811 crore. Vedanta Aluminium This would be subject for […]

Sesa Goa to start exploration in Liberia Mines soon

Published on April 27, 2012 in Commodities. 0 Comments Tags: Sesa Goa, sesa group, vedanta.

Sesa Goa will be starting their exploration work in the Liberian mines for Iron ore which is expected to be over 1 billion tonnes. Company has acquired a stake of 51% in Western Clusters Limited, which was supposed to develop the project for Rs.411 crore. Licenses of three blocks are ready and the exploration work […]