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Australian copper for Sterlite unit

Our Correspondent

Madurai, Feb. 20

The first shipment of balcooma copper concentrate of 15,000 tonnes for the Tuticorin-based Sterlite Industries (I) Ltd, produced by Kagara Zinc Ltd, a public limited company in Australia, arrived at Tuticorin Port through the vessel MV Stentor on February 12. The company has entered into a long-term agreement for supply of 1,00,000 tonnes of copper concentrate, equalling 80 per cent of its production, to the Sterlite unit.

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