“There is currently substantial doubt about Konkola Plc's ability to continue as a going concern.” CopperTech owns a 79.42 per cent indirect stake in Konkola Copper Mines Plc, one of Zambia's largest copper producers. The remaining 20.58 per cent stake is held by ZCCM Investments Holdings Plc, a company in which the Zambian government is a shareholder. According to the filing, KCM reported operating losses of $46.9 million in the year ended March 2026 and $302.4 million in the previous year. The company also recorded negative operating cash flows of $66.3 million and $266.6 million, respectively, during the two financial years. Cash and cash equivalents stood at $154.1 million as of March 31, 2026. The filing said these factors “raise substantial doubt about Konkola Plc's ability to continue as a going concern”. business-standard.com/compan…

The auditors of Vedanta Group-owned CopperTech Metals have flagged substantial doubt over the ability of the company to continue as a going concern. trib.al/Ur4nWRm

$VEDL - good work by @nizzgeneration spotting this. The material weakness & novation of $VRL's liability to CopperTech deserve greater scrutiny. Is the Zambian Govt even aware that Vedanta's liability is being passed on to CopperTech? Its 'only' $670million USD @NDTVProfitIndia.

Auditors flag survival risk at Vedanta’s CopperTech ahead of IPO. @nizzgeneration reports.

Auditors flag survival risk at Vedanta’s CopperTech before IPO. @nizzgeneration

Vedanta’s Zambia copper arm faces going-concern warning, SEC filing shows CopperTech Metals Inc has applied to list its common stock on the New York Stock Exchange under the ticker symbol "CUX" and publicly filed Form S-1 registration statement on June 2: MONEYCONTROL

Vedanta’s Zambia copper arm faces going-concern warning, SEC filing shows CopperTech Metals Inc has applied to list its common stock on the New York Stock Exchange under the ticker symbol "CUX" and publicly filed Form S-1 registration statement on June 2 @Aishwaryajourno with details 👇 moneycontrol.com/news/busine…

Vedanta’s Zambian mines are “one of the few operations positioned to help meet US demand for copper,” Delaware-registered CopperTech said in the prospectus. The company said it is placed “to capitalize on what we believe will be an unprecedented copper demand cycle.” KCM plans to spend $2.7 billion by early next decade and aims to more than double copper output to 270,000 tons a year, with a third of that volume due to come from smelting metal supplied from other mines, the prospectus said. The funds from the offering will be applied toward completing the underground Konkola Deep operation, which is crucial to the company’s prospects of hitting the ambitious growth target, the prospectus said. bloomberg.com/news/articles/…

Vedanta spin-off CopperTech yet to announce IPO value on NYSE #copper #cobalt bit.ly/4fWxmNJ

Vedanta copper mining spin-off CopperTech Metals files for an estimated $500 million IPO $CUX $IPO #IPO zpr.io/pC7RuL64wBJX

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🌟NEW! Hydration, elevated. Meet the Calix Duo collection. 🌊 Crafted from 100% recycled stainless steel & plant-based ECOZEN®, this isn't just a bottle—it's a statement. ✦ Triple-wall Coppertech© insulation ✦ Dual-mode lid ✦ Ocean-inspired award winning design 🏆

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