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Vedanta Resources to invest $1.5 bn to launch CopperTech in US
Business Standard
|November 08, 2025
Vedanta Resources has announced plans to launch a US-based subsidiary CopperTech Metals, which would in turn own and operate its Konkola Copper Mines in Zambia, a move which comes at a time when the Trumpled administration was trying to jack up domestic mining and cut imports.
The Anil Agarwal-led firm plans to raise $1.5 billion for this project, which it said in a statement was aimed at boosting “America’s copper independence and support its growing infrastructure and clean energy ambitions”.
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