30/4/2025, 5:49:02 pm

Vedanta keeping IPO option open for Zambian Konkola Copper Mines, CFO says

Vedanta is considering an IPO for its Zambia-based Konkola Copper Mines (KCM) as part of a long-term strategy to unlock value and revive operations. The company aims to raise $1 billion to boost copper output to 300,000 metric tonnes annually over five years. KCM holds 16 million tonnes of high-grade copper reserves and significant cobalt resources.