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Message Boards Settings Sterlite Industries India Ltd. (SLT) - Quote Info
New investments in copper and power     16-Oct-09 10:02 am    
Sterlite Industries (SLT) plans to become the largest copper smelter in the world and has announced a 400 ktpa brownfield expansion project in India along with a captive power plant generating 160 MW. The project is expected to be commissioned by middle of 2011.

The total investment in this capital project is estimated to be $500 million.

Concurrently, the company also launched a $500 million convertible debt offering which will be convertible to the ADS listed on the New York Stock exchange.

http://seekingalpha.com/article/166889-s...
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New investments in copper and power
hannu.ander... (1 Rating) 16-Oct-09 10:02 am  
 
Been interesting in copper for a while. Usually it...
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Sterlite Industries India Ltd. (SLT)

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