VERIFIEDET Finance·2 Oct 2026neutral

Vedanta Copper plans $2.3 billion capex, Tamil Nadu smelter restart back on agenda

AI Summary

·Vedanta Copper plans to invest $2.3 billion over three to four years to boost output.
·The company aims for a total production of 1 million tonnes of copper, split between India and Saudi Arabia.
·Vedanta is considering a $250 million investment to restart its Tuticorin smelter, inactive since 2018.