Joseph Rowntree Charitable Trust joins move to disinvest in mining company over Indian projects

The Joseph Rowntree Charitable Trust (JRCT) has sold shares worth £1.9 million in the mining company Vedanta because of its plans to mine bauxite from a mountain in Lanjigarh and the Niyamgiri Hills, in the state of Orissa, which are sacred to the area’s Kondh tribal people. JRCT’s disinvestment follows similar action taken the previous week by the Church of England; other third sector investors, including the Millfield House Foundation, have also sold their shares in the company.

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