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Court orders Zambia Vedanta unit to pay state firm $139m

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COPPER
A London court has ordered Zambia Vedanta unit KCM to pay a state mining company $139-million in a claim related to the copper price, raising by $36-million the amount it was originally ordered to pay, the state company said on Tuesday. The claim relates to outstanding payments under a 2013 copper price participation settlement agreement between Konkola Copper Mines (KCM) and Zambia Consolidated Copper Mines Investments Holdings.
 
 
 
 
 

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