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MARKETS-ECONOMIC TIMES · INDIAN ·

US stocks: Vedanta's CopperTech Metals targets $3.6 billion valuation in US IPO

As reported by Markets-Economic Times
CopperTech Metals is targeting a valuation of $3.57 billion in its forthcoming U.S. IPO, aspiring to generate up to $423.5 million. This prominent copper and cobalt producer, which oversees Zambia's Konkola Copper Mines, intends to sell 23.5 million shares priced between $16 and $18. The company, originally founded by Vedanta Resources, will list on the NYSE under the ticker 'CUX'.
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CopperTech Metals, originally founded by Vedanta Resources, aims for a $3.57 billion valuation in its upcoming U.S. IPO. The prominent copper and cobalt producer plans to raise up to $423.5 million by selling 23.5 million shares. Priced between $16 and $18, CopperTech Metals,…

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