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Vedanta says investing $700m to $800m in South Africa smelter

26th October 2018

By: Reuters

  

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JOHANNESBURG – Diversified miner Vedanta is investing up to $800-million in a zinc smelter in South Africa, the head of its zinc unit Deshnee Naidoo said at an investment summit in Johannesburg on Friday.

Andile Sangqu, executive head of Anglo American South Africa, added at the same summit that his firm would invest R71.5-billion ($4.88-billion) in South Africa over the next five years.

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Edited by Reuters

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