KOLKATA--U.K.-based Vedanta Resources Plc. plans to spend $2 billion to buy mines in India, East Europe and South America, the Financial Express reported, citing Vedanta Chairman Anil Agarwal.
Through the acquisitions, the company aims to boost it's annual production capacity of aluminum, copper and zinc to 1 million metric tons each, the report said.
The report didn't disclose a timeframe, or how the company plans to fund the purchases.
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