Zambia Hands Back Konkola Copper Mines to Vedanta, Eyes Major Production Boost

• President Hichilema ends years of dispute by returning Konkola Copper Mines (KCM) to Vedanta Resources
• Vedanta commits to ramping up copper production to 300,000 tonnes annually within five years

Lusaka, Zambia – Zambia’s President Hakainde Hichilema has officially returned control of Konkola Copper Mines (KCM) to Indian mining giant Vedanta Resources, bringing an end to years of disputes between the Zambian government and the investor.