Vedanta to exclude base metals business from sweeping demerger
The group said it will consider the base metals business demerger at a later stage.
Freeport Indonesia’s copper output in 2023 is seen at about 1.6 billion pounds (725,748 tonnes), about the same level as last year, company chief executive Tony Wenas said on Tuesday.
Gold output, estimated at about 1.8 million ounces, rose about 12.5% compared to 1.6 million ounces produced last year, Wenas told reporters.
(By Stefanno Sulaiman; Editing by Martin Petty)
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