A court hearing following Zambia's decision to name a provisional liquidator to run Vedanta Resources’ Konkola Copper Mines (KCM) business was adjourned for a week on Tuesday without tackling Vedanta’s demands to be involved, the firm said. Vedanta Resources, part-owner of the Mumbai-listed Vedanta group of companies, is KCM’s majority shareholder while Zambian state mining firm ZCCM-IH holds a stake of about 20 per cent.
In a statement, Vedanta said the judge had considered preliminary issues brought by ZCCM and reserved judgment until June 11.
The judge did not address Vedanta's request for it to be involved in
In a statement, Vedanta said the judge had considered preliminary issues brought by ZCCM and reserved judgment until June 11.
The judge did not address Vedanta's request for it to be involved in