Vedanta Eyes $1B U.S. IPO for Zambian Copper Unit Amid Global Metals Rush
Vedanta Resources is weighing a U.S. initial public offering (IPO) for its Zambian copper unit, Konkola Copper Mines (KCM), aiming to raise $1 billion to expand production and meet surging global demand for the metal. The move comes as the Indian mining giant seeks to monetize high-grade African assets after years of legal turmoil and aborted deals—but […]