Zambia’s Lungu resolved to ‘evict’ Vedanta as hearing postponed

Zambia will press ahead with the legal process to liquidate Vedanta Resources’ local copper unit, President Edgar Lungu said, as a ruling about the matter was postponed to June 11. “We are resolved, we are determined to proceed with the liquidation process,” Lungu said Tuesday in comments broadcast online. “We are going to make sure Vedanta goes and a new investor comes in.”