Goldman Sachs: Copper to Outperform Aluminum in 2026, Recommends Long-Short Strategy

Vedanta Resources’ Konkola Copper Mines (KCM) has commenced a 60-day maintenance shutdown aimed at improving operational reliability across its mining and processing facilities and supporting future production growth. The company stated that the maintenance program covers key mining, processing, and supporting infrastructure assets and represents an important step in the mine’s ongoing operational recovery. Vedanta has previously committed to investing more than US$1 billion in KCM over the next five years to restore and expand production capacity. As one of Zambia’s major copper producers, Vedanta aims to increase KCM’s annual copper output to more than 300,000 tonnes in the coming years.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 02 Jun , 2026