Vedanta Resources is a diversified and integrated metals and mining group with annual sales of $1.9bn. Its principal operations are located in India, where it has a major market share in each of our main metals: aluminium, copper, zinc and lead. There are also substantial copper operations in Zambia and 2 copper mines in Australia.

            Red = 25 day moving average.           Green = 200 day moving average.

                        

Copper - (6 month graph)

SALES PER ACTIVITY (Data as of 31/03/2006)

Copper:      60%
Zinc:         24%
Aluminium:  12%
Others:       4%

Volcan Investments is a Bahamas based holding company, so it's my understanding that holders of VED will get 825p per share and then the LSE listing will disappear.
According to the brokers, they will remain on the Indian Stock Exchange.

StockMarketWire.com
Vedanta Resources said a closing date for a buyout offer for the miner by Volcan Investments, backed by its chairman Anil Agarwal, had been set for the end of August.

Offer document containing the full terms and conditions of the bid were being posted to shareholders today, the company said.