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Expansion▲ Bullish for Vedanta
Vedanta Copper plans $2.3 billion capex, Tamil Nadu smelter restart back on agenda
The brief
- Vedanta Copper plans $2.3 billion of capex over three to four years
- The company aims to produce 500,000 tonnes of copper
- The investment plan could lift copper output at Vedanta, exposing its listed parent
- Setback for Vedanta as Orissa HC rejects old bauxite supply pact
- Orissa HC dismisses Vedanta's plea to enforce 2004 bauxite supply agreement
- India needs to utilise resources beneath earth to become self-sufficient: Anil Agarwal
- Vedanta’s Anil Agarwal backs mineral exploration, says India must shed ‘country of import’ tag
- Vedanta seeks Niyamgiri mining revival, pitches ₹1 lakh crore Odisha investment