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The Economic Times — Marketseconomictimes.indiatimes.com

Vedanta's CopperTech Metals targets $3.6 billion valuation in US IPO (opens original article in a new tab)

TL;DR

CopperTech Metals is targeting a $3.57 billion valuation in its U.S. IPO, aiming to raise $423.5 million by offering 23.5 million shares at $16-$18 each. The company, owned by Vedanta Resources, operates in Zambia's Copperbelt province.

  • CopperTech Metals aims for a $3.57 billion valuation in its U.S. IPO.
  • The company plans to raise up to $423.5 million by offering 23.5 million shares at $16-$18 each.
  • CopperTech is owned by Vedanta Resources and operates Konkola Copper Mines in Zambia.

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