London-listed mining group Vedanta Resources has reported an 83 per cent jump in its first-half profits, aided by higher metals prices.
Pre-tax profits rose to $1.1 billion (approximately £685 million) from $605 million during the same period last year, on revenues of $4.6 billion (approx. £2.9 billion), which rose by 54 per cent.
Vedanta said it saw record production of zinc-lead, aluminium, iron ore and silver. Emerging markets continued to drive the global economy, resulting in price rises across most commodities, the company said.