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Vedanta copper mine restart backed by Tasmanian government

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The Tasmania government has announced that it will help Anil Agrawal-promoted Vedanta restart a suspended copper mine, two years after the suspension was enforced.

"The operation of the mine has gone into care and maintenance mode and we hope will re-open in 2017 with state support and we can provide assistance to ensure they can continue to operate the mine in the future," said Premier Will Hodgman in an interview with the economic times.

The mine in question, the Mt Lyell copper mine, was suspended in 2014 following the death of two maintenance workers the previous year.  Run through a subsidiary of Vedanta, Copper Mines of Tasmania, the restart could bring about over 300 jobs and an output of 100,000 of copper per annum.

“It is an important opportunity for us to demonstrate our support to Vedanta, the Copper Mines of Tasmania,” says Hodgman.

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