Vedanta’s holding company -- Vedanta Resources has welcomed a South African court's decision to block sale of its mines in Zambia. The company is committed to resolving the current situation through arbitration.
Earlier, South Africa's high court ordered Zambia to halt sale of Vedanta Resources' Konkola Copper Mines (KCM) until a final decision is made through arbitration.
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.
