Vedanta welcomes South African court decision to block sale of Zambia mines

摘要

Vedanta Resources Thursday welcomed a South African court's decision to block sale of its mines in Zambia, saying the company is committed to resolving the current situation through arbitration. Earlier this week, South Africa's high court ordered Zambia to halt sale of Vedanta Resources' Konkola Copper Mines (KCM) until a final decision is made through arbitration. "Vedanta welcomes the decision by judge (Leicester) Adams, and emphasises its commitment to resolve the current situation through arbitration," it said in a statement.