Why is Vedanta investing $2 billion in Saudi Arabia?
The Daily Brief
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Vedanta's Strategic Investment in Saudi Arabia's Copper Manufacturing
This chapter delves into Vedanta's $2 billion investment in Saudi Arabia to create a comprehensive copper manufacturing facility, which includes a smelter, refinery, and rod plant. It highlights the project's potential to meet half of India's copper demand while aligning with global trends in renewable energy and Saudi Arabia's economic diversification goals under Vision 2030.
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