SOURCE: Industrial Info Resources

Industrial Info Resources

November 12, 2010 05:20 ET

Vedanta Reports Record Profits as Commodity Market Improves in Fiscal First-Half 2011, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - November 12, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Diversified metals and mining leader Vedanta Resources plc (LSE:VED) (London, England) saw very positive results in the first half of the company's fiscal year 2011 as strong production growth and higher commodity prices led to growth in all major segments. Net profits for the period were reported to be $337 million, compared with $188.2 million in first-half fiscal 2010.

Industrial Info is tracking more than $2 billion in active Vedanta projects, including the $400 million Konkola Underground Copper Mine & Concentrator in Chililabombwe, Zambia. For more information, visit Industrial Info's International Metals and Minerals Project Database.

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Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information send inquiries to metalsandmineralsgroup@industrialinfo.com or visit us at www.industrialinfo.com.

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