Vedanta Zinc International Shares Continued Support to South Africa

Aggeneys, 20 June 2024
Vedanta Zinc International (VZI) wishes to congratulate His Excellency, President Cyril Ramaphosa, for taking office for a second full term as President, along with the newly formed Government of National Unity.

Vedanta has a long-term partnership with the South African Presidency and Government. In 2018, the company pledged a R21 billion (US$1 billion) investment into South Africa at the South African Investment Conference, in line with the country’s vision to attract a US$100 billion investment in South Africa. As part of this investment, VZI has successfully completed a R6.5 billion investment through the Gamsberg Phase I Development and is midway through its R7 billion investment into the Gamsberg Phase II Expansion Project. Furthermore, in partnership with the Northern Cape Provincial Government (NCPG), VZI is the cabinet-approved Namakwa SEZ anchor investor - the first of its kind in the Northern Cape.

“Our relationship with the Presidency and Government is cemented by our mutual vision of growth and is shown through our R21 billion investment commitment in the Northern Cape. We are committed to continue collaborations and share our support to the Socio-Economic Transformation of South Africa For Good, for the benefit of all. We wish His Excellency, President Cyril Ramaphosa, as well as the newly formed Government of National Unity continued success for a prosperous and thriving South Africa and its people,” says Chris Griffith, Vedanta Base Metals CEO.