Last week, consulting firm Russell Reynolds delivered a list of 15 potential successors for Eduardo Bartolomeo.
Vedanta is joining a slew of Indian companies tapping stock investors amid surging valuations and increasing demand for equity investments in the country.
Simandou has faced delays due to legal disputes, political changes, and the challenges of building out 600 km rail and port infrastructure.
The world's largest producer of iron ore shipped 80.3 million tons of the steel-making commodity in the quarter.