Vedanta Launches CopperTech Metals

Vedanta Resources has launched CopperTech Metals, a US-based company that will own and operate Zambia’s Konkola Copper Mines. The firm plans a $1.5 billion investment to modernize operations and boost copper output from 140,000 to 300,000 tonnes by 2031. CopperTech aims to link US critical mineral needs with Zambia’s copper sector, leveraging AI technology and the Lobito Corridor for exports. Zambia’s ZCCM-IH retains a 20.6% stake in KCM.