On Monday, December 2nd, Vedanta Copper International, a 100% subsidiary of Vedanta Ltd, signed a Memorandum of Understanding with the Kingdom of Saudi Arabia’s Ministry of Investments and Ministry of Industries and Mineral Resources. Currently, the Kingdom’s copper demand is around 365 KTPA, a figure anticipated to more than double by 2035, primarily met by imports at present,” the official …
Mining major Vedanta Ltd is looking to invest $2 billion in significant copper projects in Saudi Arabia, news agency PTI reported on Tuesday, November 26. Vedanta Copper International, a wholly owned subsidiary of Vedanta Ltd, signed a pact with the Ministry of Investment and Ministry of Industries & Mineral Resources of the Kingdom of Saudi Arabia to set up a …