CosmicTaco

Vedanta's $2 Billion Copper Investment in Saudi Arabia

CosmicTaco · 2024-11-27T17:58:27.500361+05:30

- Vedanta Ltd to invest $2 billion in Saudi Arabia's copper projects, aligning with Vision 2030. - Projects include a 400 KTPA copper smelter, refinery, and a 300 KTPA copper rod project. - Expected to create thousands of jobs and contribute $19 billion to Saudi GDP. Source: [Mint](https://www.livemint.com/companies/news/vedanta-eyes-2-billion-copper-project-investments-in-saudi-arabia-11732635749531.html), [Times Now News](https://www.timesnownews.com/business-economy/economy/saudi-arabia-unveils-strategic-investment-deals-at-gscri-event-article-115705402)

Vedanta Ltd to invest $2 billion in Saudi Arabia's copper projects, aligning with Vision 2030.
Projects include a 400 KTPA copper smelter, refinery, and a 300 KTPA copper rod project.
Expected to create thousands of jobs and contribute $19 billion to Saudi GDP.

Source: Mint, Times Now News