The company, domiciled in the United States, plans to bring 23.5 million shares to market, with pricing set between $16 and $18 per share. These shares will trade on the New York Stock Exchange under the ticker symbol CUX. The business, a subsidiary launched last year by Vedanta Resources, maintains primary operations at the Konkola Copper Mines.
Citigroup and Cantor have been tapped as joint book-running managers for the listing. This move marks a significant expansion for the firm as it looks to capitalize on global demand for industrial metals.
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