Vedanta’s Konkola Copper Mines was placed under provisional liquidation in 2019 after the previous Zambian government alleged that the company had lied about expansion plans and paid too little tax.
Eight underground miners went missing on April 16 at its Perkoa zinc mine in Burkina Faso after flooding caused by heavy rainfall disrupted operations.
The Chinese company signed a 50-year contract with the central African government to exploit the Lobe deposit, which contains an estimated 632.8 million tonnes of iron ore.