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Vedanta Resources plc (VED.L)

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  • Reuters

    Vedanta offers Zambia investment commitments in return for copper-mine control

    Vedanta Resources has offered to step up investment in Zambia's Konkola Copper Mines (KCM) and implement several social responsibility programmes if it resumes control of the local firm, a company letter sent to the government showed. Zambia's previous government put KCM into the hands of liquidator Milingo Lungu in May 2019, triggering an ongoing legal dispute with Vedanta Resources, KCM's parent company.