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Vedanta Will Not Cut Zinc Output on Low Cost

iconOct 16, 2015 10:22
Source:SMM
India-born Vedanta Resources has no plan for zinc output cut, according to the company’s Chief Executive Officer, cfi.net.cn reports.

SHANGHAI, Oct. 16 (SMM) - India-born Vedanta Resources has no plan for zinc output cut, according to the company’s Chief Executive Officer, cfi.net.cn reports.

“Our production cost is very low, so we decide to maintain our zinc output,” said Vedanta Chief Executive Officer Tom Albanese at the Joburg Indaba 2015.

The company plans to invest $782 million in African projects in the next three years, including the Gamsberg project and Skorpion zinc smelter.

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