Vedanta

  • February 11, 2025

    Vedanta Seeks $1 Billion Debt Financing to Boost Konkola Copper Mines in Zambia

    BY Lara Browne
    Vedanta Resources is aiming to secure approximately $1 billion in debt financing to support the development of Konkola Copper Mines PLC in Zambia, according to Reuters, citing Chris Griffith, head of Vedanta Base Metals Ltd. While Vedanta initially considered selling part of its 79.4% stake in Konkola to raise capital, Griffith indicated that this option...
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  • January 6, 2025

    Vedanta Reports Record Aluminium and Zinc Production in 1H FY24

    BY Sophia Schmitz
    Vedanta announced achieving its highest-ever quarterly and half-yearly aluminium production, reaching 1,205 kilotonnes (kt) in the first half of the financial year. Alumina production also surged 21% year-on-year (YoY). Following this update, the company’s stock dipped 2%, reaching a low of Rs 501 ($6.03) on the BSE. The company’s Zinc India operations also recorded a...
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