Bad news for Aditya Birla

ADITYA Birla Minerals has been forced to downgrade its production forecast by 15% for the 2006-07 financial year just three months into its life as a public company but strong copper prices have saved the company from having to reduce its profit forecast.

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Problems at both the Nifty copper mine in Western Australia and its Mount Gordon copper mine in northern Queensland forced the 15% downgrade.

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