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Last Trade - 15/08/16

Sector
Basic Materials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £6.26m
Position in Universe th / 1901

BRIEF-India Resources updates on recommencement of Surda expansion project

Sun 11th October, 2015 10:28pm
Oct 12 (Reuters) - India Resources Ltd  IRL.AX : 
* Recommencement of Surda expansion project  IRL.AX  
* Has been reached for the recommencement of the Surda expansion project 
* Says negotiations between IRL, SEPC and HCL have been ongoing for several months 
* IRL through its unit India Resources Copper Mining Private signs MOU with Shriram EPC as principal contractor to Hindustan Copper Limited (HCL) 
* Says "recommencement of the Surda expansion project is a positive achievement for irl" 
* SEPC has taken out a contractors all risk insurance policy. ICMPL has agreed to pay the premium on this policy 
* IRL/ICMPL will provide third ranking charge limited to INR 7 crores and replaces earlier supplied corporate guarantee of 14 crores 
 
  Source text for Eikon  ID:nASX7fBmMm  
 
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