A court hearing over the control of Konkola Copper Mines involving the two parties was postponed on FridayA bird flies past the logo of Vedanta installed on the facade of its headquarters in Mumbai, India, in this file photograph. Picture: REUTERS/DANISH SIDDIQUI
A court hearing involving Vedanta and Zambia over the control of KCM was postponed on Friday until June 4. “While Vedanta intends to fully defend its legal rights, we remain open to dialogue,” CEO Srinivasan Venkatakrishnan said on Monday. Vedanta Resources, partial owner of the Mumbai-listed Vedanta group of companies, is the majority shareholder of KCM.
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