Vedanta inaugurates its international iron ore operations through its subsidiary Western Cluster, Liberia

Vedanta Limited Iron & Steel sector has ventured into International Iron ore mining operations in Liberia, West Africa through its subsidiary Western Custer Liberia with the Ground-breaking ceremony that was held at the Bomi iron ore mine on June 08, 2022.

WCL is a wholly owned subsidiary of Bloom Fountain Limited (‘BFL’) which is in turn a wholly owned subsidiary of Vedanta Limited. WCL had signed a Mineral Development Agreement with the Government of Liberia (‘GoL’) for three Iron Ore Mining concessions in Liberia namely Bomi, Bea, and Mano in 2011.

Vedanta Aluminium Business, a division of Vedanta Limited, is India’s largest producer of aluminium and value-added aluminium products.

However, the operations could not be started due to outbreak of Ebola epidemic. WCL is set to restart its operation in a much bigger way with further expansion potential through exploration, said company in a regulatory filing.

At around 10:17 AM, Vedanta was trading at Rs291.30 apiece down by Rs9.9 or 3.29% from its previous closing of Rs301.20 apiece on the BSE.