Copper smelter and refinery project, Saudi Arabia
Name of the Project
Copper smelter and refinery project.
Location
Saudi Arabia.
Project Owner/s
Vedanta Copper International, a wholly owned subsidiary of Vedanta.
Project Description
The project forms part Saudi Arabia's ambitious Vision 2030, which endeavours to unlock an estimated $1.3-trillion in mineral resources.
The projects encompass a 400 000 t/y greenfield copper smelter and refinery, along with a
300 000 t/y copper rod project.
Vedanta plans to start operations in the kingdom with a 125 000 t/y copper rod mill project, for which all the necessary approvals have been received, land has been acquired and technology orders have been placed.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
$2-billion.
The 125 000 t/y copper rod mill project requires an investment of about $30-million.
Planned Start/End Date
Work on the 125 000 t/y copper rod mill project site is expected to reach commercial production by the fourth quarter of the 2025/26 financial year.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None disclosed.
Contact Details for Project Information
Vedanta group head of public and media relations Mukul Chhatwal, cell +91 8800798864 or email mukul.chhatwal@cairnindia.com.
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