R10bn Vedanta investment positions zinc mine to become one of world’s largest

R10bn Vedanta investment positions zinc mine to become one of world’s largest

R10bn Vedanta investment positions zinc mine to become one of world’s largest

Phase 2 will boost Gamsberg’s annual zinc-in-concentrate production capacity to 500 000 tonnes.

The Northern Cape’s ambition to become a new industrial growth hub received a R10 billion boost on Friday with the inauguration of Vedanta Zinc International’s Gamsberg Phase 2 expansion near Aggeneys.

Vedanta, the resources group controlled by Indian businessman Anil Agarwal and his family, flipped the switch on the next phase of its zinc expansion project, one of SA’s largest mining investments of the last decade.

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About Ciaran Ryan 1572 Articles
The Writer's Room is a curated by Ciaran Ryan, who has written on South African affairs for Sunday Times, Mail & Guardian, Financial Mail, Finweek, Noseweek, The Daily Telegraph, Forbes, USA Today, Acts Online and Lewrockwell.com, among others. In between he manages a gold mining operation in Ghana, and previously worked in Congo. Most of his time is spent in the lovely city of Joburg.