Vedanta Announces Major Restructure, Aims for $10 Billion EBITDA

Vedanta has announced a significant restructuring plan to split into six independent entities. This move is designed to enhance operational efficiency and unlock value.

The entities will focus on different sectors: aluminum, oil and gas, power, steel and ferrous materials, base metals, and a final entity encompassing other operations. Vedanta aims for a combined EBITDA of $10 billion with this strategic realignment.

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