Wednesday, September 17, 2014

Jharkhand govt shuts 5 Hindalco bauxite mines.

The Jharkhand government has shut five bauxite mines of Hindalco Industries, flagship company of the Aditya Birla Group. This follows a report by the Shah commission on illegal mining, which had alleged such mining was causing widespread damage to the environment and losses to the exchequer.

Earlier, the Supreme Court had reserved its verdict on Hindalco�s Mahan mine in the coal block allocations case. The action against Hindalco follows similar moves by the Jharkhand government against Steel Authority of India Ltd (SAIL) and Tata Steel. Jharkhand earlier ordered the closure of 12 iron ore mines and a few manganese mines in that state. These include SAIL's mines in Budhaburu, Durgaiburu, and Kiriburu-Meghahatuburu and Tata Steel's Noamundi mine.

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