Vedanta Resources

Vedanta Resources is a British mining company with headquarters in London. The Group promotes in India aluminum, copper, zinc and lead. In Zambia, Vedanta operates a and two copper mines in Australia.

The Group includes the Company Bharat Aluminium Company, Konkola Copper Mines, Sterlite Industries and Madras Aluminium Company. The founder of Sterlite Industries and Vedanta Resources, the Indian billionaire Anil Agarwal, who had commenced in the middle of the 1970s in Bombay as a scrap dealer. His fortune is estimated by Forbes magazine at about 6.4 billion U.S. dollars.

Mid-August 2010 it was announced that Vedanta Resources would take over 60 percent of crude oil production company Cairn India for 9.6 billion U.S. dollars.

Criticism

In 2009 the company of RepRisk was ranked in 2nd place in the list of " environmental and social concerns most controversial multinational enterprises", in 2010 at No. 3, 2012, 47 indigenous Indian villagers arrested in India because they are against pollution their country had protested.