Vedanta chair, Anil Agarwal promise 10K jobs for disputed Zambian mine


In a bid to lend his voice to the dispute at its Konkola Copper Mines, KCM, Anil Agarwal, chairman  Vedanta Resources said he looks to invest more in Zambia.

However, Anil said the condition has to be favourable.

Vedanta has been at loggerheads with Zambian government after KCM was involved in a liquidation suit backed by the Zambian government which owns stakes in the business.

“I am prepared to invest what is required to increase production safely and sustainably to 400,000 tonnes, creating another 10,000 jobs at KCM and more social benefits,” he said.

Vedanta is not the only mining giant operating in Zambia. However, Glencore said it is shutting down its mine because of low output.

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