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VEDL - Zambia to seek takeover of Vedanta-controlled copper miner Lungu says
Vedanta Limited American Depositary Shares (Each representing four equity shares)
The future of Vedanta's (VEDL+3.2%) copper mining operations in Zambia is in question after Pres. Lungu said the government has started proceedings to take control of Vedanta subsidiary Konkola Copper Mines, in a move likely to stoke concerns among global miners about rising government intervention in the sector.
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