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Vedanta’s parent company planning to invest $1.6 billion in South Africa

24 Jan 2019 Evaluate

Vedanta’s parent company -- Vedanta Resources is planning to invest about $1.6 billion more in South Africa for mining minerals as it looked to deepen engagement in the African nation.

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.

Peers
Company Name CMP
Hindalco Industries 940.00
Vedanta 255.00
Hindustan Zinc 561.60
Jain Resource Recycl 290.50
CMR Green Tech 221.35
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