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American Smelting And Refining Company

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Vedanta to buy Asarco for $1.7 billion

Metals and mining major Vedanta Resources will buy bankrupt US copper miner Asarco for $1.1 billion in cash and a note worth $600 million, the latter to be paid over a period of nine years. Last......

Sterlite to buy US firm for $2.6 bn

Sterlite Industies (India) on Saturday inked a definitive agreement to acquire the operating assets of Tucson-based Asarco LLC for $2.6 billion in cash, the largest buying abroad by an Indian......

Vedanta plans to double Zambia unit capacity

The Anil Agarwal-promoted Vedanta Resources, a London-listed metals and mining group, plans to double its copper smelting capacity at Zambia's Konkola Copper Mines to 400,000 tonne per annum.The......

Nalco sell-off put off

The divestment ministry has decided to steer clear of the selloff in politically sensitive aluminium major Nalco till the big-ticket sale of petroleum companies Bharat Petroleum Corporation Ltd and......

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