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VERIFIEDMint Companies·negative

Setback for Vedanta as Orissa HC rejects old bauxite supply pact

AI Summary
  • ·Orissa High Court rejected Vedanta's old bauxite supply pact.
  • ·The ruling may significantly increase bauxite costs for Vedanta's aluminium operations.
  • ·This could impact a major cost advantage for one of India's largest aluminium producers.
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