Anil Agarwal-owned Vedanta Resources (VRL), which has hired Standard Chartered Bank to raise funds for its Konkola copper mine assets, says it is engaging with several potential partners for both short-term funds and long-term equity financing for the Zambian project.
A Vedanta official said its commitment to optimising capital allocation and driving expansion is a key cornerstone of its strategy for the mines.
It will enhance value creation and operationalise the Konkola Copper Mines (KCM).