Vedanta faces government objections over demerger
The government accused Vedanta of altering the demerger scheme post-approval from the SEBI.
21 August 2025
21 August 2025
The government accused Vedanta of altering the demerger scheme post-approval from the SEBI.
This follows Wyoming Reserve’s initial offering, which closed in March 2025, raising approximately $26m.
The output decline translates to a $340m (328.33bn pesos) loss, slightly above the $300m loss Codelco estimated last week.
The order is valued at approximately Skr450m ($47m).
The Kangankunde rare earths project is now fully funded, with first production set for Q4 2026.
Sun Valley Investments and Goldlogic have acquired 2.3 million flow-through shares and 2.5 million regular common shares.
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