Vedanta Group will try to meet India’s growing copper demand

BUSINESS: Anil Agarwal-promoted Vedanta Resources is planning to restart production from its previously litigation-hit copper mines in Zambia, according to company officials. According to the company, the mining output will be sold in Indian markets besides other markets. Agarwal’s copper interests – through India-listed Vedanta unit Sterlite Copper and Vedanta Resources’ Konkola Copper Mines (KCM) – were in litigation for the past few years. However, the assets have had varied results in the past few quarters, with KCM helping the group make a renewed push into India’s copper demand. In an investor call after earnings ended June 24, Vedanta Ltd company officials informed analysts