Africa-Press – Zambia. Vedanta Base Metals CEO Chris Griffith says the company is talking to a range of financing partners to raise money for a restart of its Konkola Copper Mines unit in Zambia, including the sale of a minority stake in KCM.
“We are in the fundraising process at the moment to raise $1.3 billion,” he said. That may involve one of a number of potential outcomes, “one of which is a potential equity sale into Vedanta’s 80% that we own in KCM”, he added.
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