🟠 Vedanta Copper plans $2.3 billion capex to scale output beyond 1 million tonnes; Tuticorin restart also on cards
👉🏻 Capex: $2.3 billion planned over next 3-4 years
👉🏻 Target: 5,00,000 tonnes each from India and Saudi Arabia
👉🏻 UAE: Fujairah currently producing around 1,00,000 tonnes annually
👉🏻 India: Silvassa output running above 2,45,000 tonnes annualised
👉🏻 Tuticorin: 4,00,000-tonne smelter restart under consideration
👉🏻 Restart Plan: $250 million refurbishment; 8-9 month execution if cleared
#VEDL #Copper #Capex #Tuticorin #Metals
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