The world’s single biggest buyer of copper, State Grid Corp. of China, has slowed its purchases of copper wire this year.
The planned Grand Inga hydropower complex in the DRC has been stalled for decades.
Around 30% of China’s refined copper production used scrap metal as a feedstock in 2023.
Vedanta is joining a slew of Indian companies tapping stock investors amid surging valuations and increasing demand for equity investments in the country.