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Vedanta’s holding company welcomes South African court decision to block sale of Zambia mines

26 Jul 2019 Evaluate

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.

Vedanta Share Price

770.65 -16.95 (-2.15%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1015.10
Vedanta 770.65
Hindustan Zinc 589.95
Jain Resource Recycl 418.95
Gravita India 1649.35
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