New Delhi, Nov 7 (PTI) Vedanta Resources Ltd on Friday said it has launched CopperTech Metals Inc, a US-based firm, to support its growing infrastructure and clean energy ambitions.
The new company will own and operate Konkola Copper Mines (KCM) in Zambia. Priya Agarwal Hebbar, Director at Vedanta Ltd and Chairperson of Hindustan Zinc Ltd, will lead CopperTech as Chairperson.
"CopperTech Metals will build on Vedanta's existing USD 3 billion investment in KCM with an additional USD 1.5 billion program to enhance production and operational efficiency through AI-driven exploration and extraction technology," the company said in a statement.
The company aims to expand annual integrated copper production from 140,000 tonnes in FY26 to 300,000 tonnes by 2031, and eventually to 500,000 tonnes

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