Strategic $2 Billion Investment to Advance Vision 2030 Goals and Copper Self-Sufficiency Vedanta Copper International, a subsidiary of Vedanta Ltd, has signed a groundbreaking memorandum of understanding (MoU) with Saudi Arabia’s Ministry of Investment and Ministry of Industries & Mineral Resources. This collaboration aims to bolster copper production within the Kingdom through a $2 billion investment in transformative projects, aligned with Saudi Arabia’s Vision 2030 initiative. Pioneering Copper Projects in Saudi Arabia The proposed projects include a 400 kilo tonne per annum (KTPA) greenfield copper smelter and refinery and a 300 KTPA copper rod production facility, both to be located … Continue reading Vedanta Partners with Saudi Arabia to Boost Copper Production