Vedanta Resources Regains Control of Konkola Copper Mines, Seeks Partners for Expansion

• Vedanta Resources pays $245.75 million to regain control of Konkola Copper Mines
• The company seeks partners for a $1 billion exploration and development plan

Vedanta Resources Ltd., an Indian mining company, has announced it paid $245.75 million to regain control of the Konkola copper mine in Zambia after years of legal disputes. The company is now seeking partners to develop the asset.