Anil Agarwal talks of moving Konkola Copper Mines to Vedanta Ltd at 'right valuation'
The Zambian government, which owns a 20 per cent stake in KCM, will allow Vedanta to resume control and operate KCM's mines and smelter after the company renewed a pledge to invest more than USD 1.2 billion to increase output and repay outstanding debts.
Mining baron Anil Agarwal on Tuesday said the Konkola Copper Mines, which returned to his London-based firm Vedanta Resources last week. Image: https://twitter.com/AnilAgarwal_Ved