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Sector
Basic Materials
Size
Large Cap
Market Cap £11.27bn
Enterprise Value £13.18bn
Revenue £9.89bn
Position in Universe 44th / 3148

Zambia says President Lungu will not meet Vedanta over KCM

Tue 20th August, 2019 5:00pm
LUSAKA, Aug 20 (Reuters) - Zambian President Edgar Lungu
will not meet Vedanta Resources  VDAN.NS  officials on his visit
to India this week, his office said on Tuesday, disputing an
earlier report from the company of a planned meeting.
    The Mumbai-listed firm said earlier on Tuesday that it would
meet Lungu and his team for further discussions on its disputed
Konkola Copper Mines (KCM) asset. urn:newsml:reuters.com:*:nJ8N24G02L
    "The president is expected to meet representatives from 12
Zambian-based Indian companies, and KCM, whose majority
shareholder is Vedanta, is not one of them," a state house
statement read.

 (Reporting by Chris Mfula; Writing by Olivia Kumwenda-Mtambo;
Editing by Jan Harvey)
 ((Olivia.Kumwenda@thomsonreuters.com; +27 11 595 2817; Reuters
Messaging: olivia.kumwenda.thomsonreuters.com@reuters.net))
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