Vedanta, the Indian mining giant has been directed by the London High Court for paying USD 100 million to a state owned Zambian investment company related to a 2013 copper price agreement.

According to Vendanta’s Konkola Copper Mines Plc (KCM) which is based in Zambia, the issue has been related to the copper price participation deal with Zambia Consolidated Copper Mines Investments Holdings (ZCCM-IH) dating back a number of years and the court decision is a “request” for it to resolve the matter within 258 days.

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