May 21, 2019 / 3:21 PM / 5 months ago

Vedanta wins bids to explore and mine 2 Indian copper blocks

NEW DELHI, May 21 (Reuters) -

* Oil-to-metals conglomerate Vedanta Ltd said on Tuesday it had been declared the preferred bidder for two copper blocks in the India’s western state of Maharashtra

* The blocks require extensive exploration, Vedanta said, adding that this would start in due course

* The copper blocks have total area of 1584.9 hectares, and are located in Maharashtra’s Chandrapur district, the company said

* The news comes a day after Zambia said it planned to strip Vedanta-controlled Konkola Copper Mines of its mining licence for breaching deal terms

* Vedanta, which operates India’s second largest copper smelter, is in the middle of a lengthy legal battle to reopen its south Indian refinery which was shut following deadly protests last year (Reporting by Sudarshan Varadhan. Editing by Jane Merriman)

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