Feb 25 (Reuters) - Aditya Birla Minerals Ltd (ABY) :
- Says memorandum of agreement for the period 1 January 2016 to 31 December
2016
- By agreement dated 25 January 2006, Birla Nifty to sell, and Hindalco to
purchase, all copper in concentrate produced at Nifty copper mine for LOM
- Hindalco will pay co Nifty a provisional payment of 90% of provisional
invoice value three working days after date of arrival of vessel at disport
- Price Hindalco must pay Birla Nifty is governed by the Nifty concentrate
sales agreement and yearly MOA
- Price payable is the sum of the payments for payable copper in concentrate
minus TC/RCS
News: ABY Aditya Birla Minerals says unit concludes annual MOA with Hindalco Industries
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