Tata Chemicals on Friday said its Kenyan subsidiary is “fully compliant with the regulatory requirements” and has submitted all documentation sought by the government, pushing back after Kenyan President William Ruto ordered the Indian firm to leave the century-old Magadi soda ash operation it has run for two decades.
In a statement to stock exchanges, the company said Tata Chemicals Magadi Ltd (TCML) had received the Ministry of Mining, Blue Economy and Maritime Affairs’ suspension letter dated July 28 and, on August 11, submitted “all the required information, reports and documentation,” and is now “awaiting the Ministry’s review of our submissions and its further direction.”
“We respect the authority of the Government of Kenya and remain committed to constructive engagement through the appropriate legal and regulatory channels to resolve the outstanding matters,” the company said, adding that its priority “continues to be the well-being of our employees, the Magadi community, our
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