British mining and energy conglomerate Vedanta Resources Plc reported better-than-expected growth in full-year core profit and revenue on Wednesday, driven by stronger commodity prices.
A rebound in metals prices has prompted the miner, controlled by billionaire Chairman Anil Agarwal, to expand production of zinc and aluminium, enabling continued recovery after being particularly hard-hit by a commodities slump.
Agarwal said Vedanta remained well-positioned to capitalise on India’s growing resources demand. Read More
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