Vedanta Resources launches CopperTech Metals to bolster US copper security and advance technology and infrastructure transformation

CopperTech will own and operate the Konkola Copper Mines in Zambia, one of the highest-grade copper producing assets in the world with proven cobalt reserves. CopperTech intends to build on the existing US$3 billion investment made by Vedanta Resources Limited in the Konkola Copper Mines – which included construction of a deep mine shaft, a smelter and a concentrator, and engaging in general mine development – and intends to invest an additional US$1.5 billion in the operations.

CopperTech intends to leverage advanced mining and cutting-edge AI-driven resource identification and extraction technology, as an integral part of its plans to expand production capacity and enhance operational efficiency from the current planned integrated copper production levels of 140 000 t in FY26 to 300 000 t by 2031. With future investments, and supported by proven and probable reserves, CopperTech has plans to raise production levels to 500 000 tpy, which CopperTech believes would position the company among the leading copper producers in the world.

Speaking on the occasion, Anil Agarwal, Founder and Chairman of Vedanta Group, commented: "Today marks a historic and pivotal moment, CopperTech will play a significant role in connecting America's critical mineral needs with Zambia's historic copper legacy. This partnership will unlock a wave of innovation and advancement in clean energy, technology, and industrial progress on both sides of the Atlantic”.

Read the article online at: https://www.globalminingreview.com/mining/10112025/vedanta-resources-launches-coppertech-metals-to-bolster-us-copper-security-and-advance-technology-and-infrastructure-transformation/