03 Oct 2025 | 5 Mins Read
Vedanta shares gain 3% on rising copper prices hitting 16-month high
Flipitmoney
Vedanta shares surged 3.25% to Rs 479.90 as global copper prices rose due to supply disruptions and accelerating demand. Copper prices reached a 16-month high with a 3.27% weekly gain. The metal's rise is driven by tight supply concerns following force majeure at Indonesia's Grasberg mine, which accounts for 3% of global concentrate production and may lead to a 591,000-ton supply loss.