Vedanta Resources Ltd., a diversified mining company chaired by Indian billionaire Anil Agarwal, has launched a new unit, CopperTech Metals Inc., to take over operations at its Konkola copper mine in Zambia.
The company plans to invest an additional 1.5 billion to boost output to 300,000 tons by 2031. This comes after Vedanta regained control of Konkola following court approvals in July 2024 , thus ending a period under a state-appointed provisional liquidator since 2019.
Zambia targets higher national output
