Konkola Copper Mines – KCM has denied allegations that its parent company – Vedanta Resources Limited – has breached some of the key commitment milestones in the Shareholder agreement signed in November 2023 with the Zambia Government that involved the investment commitment of $1 billion with focus on revising the Konkola Deep Mining Project – KDMP A UK research firm and some concerned stakeholders have accused Vedanta of blatant breaches and wondered why the Zambian Government has not declared a dispute, initiated the stated arbitration and with the aim of exercising the exit clauses to find a suitable and alternative...
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