Hindalco Industries Ltd.

The Aditya Birla Minerals Ltd (ABML), the 51 per cent subsidiary of Hindalco Industries, has begun the process to revive operations at its Mount Gordon copper mine in Queensland, Australia, through global contract miner, Barminc and the completion is expected by 2012.

The operations at Mt Gordon were suspended in January 2009, following steep fall in copper demand and the consequent slump in prices in 2008. Restarting of operations at ABML's another mine in Western Australia, which bears copper oxide ore is also under evaluation. Barminco is been paid A$100-million to deliver underground mining operating services, including underground development and production.

The concentrates are to be shipped to Hindalco's Dahej smelter in Gujarat. During FY2009, Mt. Gordon produced 17,815 tonnes of copper in concentrate. Birla Mt. Gordon has a life of mine off-take agreement with Hindalco for supply of copper concentrate to the Dahej smelter.