Agarwal wants to build Indian commodity giant to rival majors

News Markets Intelligence Careers Education Buyers Guide News Markets Buyer's Guide Advertise RSS Newsletter The Northern Miner MINING.COM Canadian Mining Journal Sign In Join Profile Sign out Copper Gold Lithium Nickel Commodities Iron Ore Rare Earth Coal Uranium Cobalt Diamond Zinc Platinum Palladium Silver Potash Suppliers Equipment TOP 50 USA Canada Australia Regions Africa China Latin America Europe Asia TNM Maps TNM Marco Polo Bloomberg News | May 25, 2018 | 9:43 am Base Metals Energy Africa Asia Aluminum Copper Iron Ore Zinc Anil Agarwal, founder and owner of Vedanta Resources. (Image: Wikimedia Commons) (Bloomberg) — Billionaire industrialist Anil Agarwal plans to leave behind a legacy: an Indian resources group to rival the world’s biggest. The founder and owner of Vedanta Resources Plc wants to keep building the company into a giant producer of the commodities that India needs to curb its reliance on imports, create jobs and reduce poverty. Despite its insatiable appetite for materials, India is yet to impose itself among the mining heavyweights in the way that Australia, China or even the U.K does. Sign Up for the Copper Digest Sign Up “It can be the second- or third-largest resource company in the world,” Agarwal, 64, said in an interview in London. “It can be the second- or third-largest resource company in the world,” Agarwal said. Domestic resources have been key to the success of all of...

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