COPPER
Vedanta Resources plans to quadruple its Zambian copper output over the next three years, the local unit’s chief executive officer said, signaling a more ambitious expansion in Africa’s second-biggest producer of the metal. Most of the increase will come from Konkola Copper Mines’ flagship operation in Chililabombwe, near the Democratic Republic of Congo border, where the unit is seeking to triple output in three years, Steven Din said Thursday in an interview in Lusaka, Zambia’s capital. The company is investing $1-billion in projects to achieve the increase.
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