Vedanta's Financial Move to Settle Debts and Potential Stake Sale for Copper Production
Saturday, 6 July 2024, 17:00
Vedanta's Financial Move
Vedanta Resources disclosed a significant financial initiative to address debts in Zambia.
Debt Settlement Plan
- Vedanta earmarks $250 million to repay Zambian creditors by July 8th.
Potential Stake Sale
- 30% Holdings: Vedanta might consider selling a portion of its assets to enhance copper production.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.