SHANGHAI, Aug. 15 (SMM) – Glencore shut down one copper-cobalt mine project in Zambia on Monday after the country’s electric supplier slashed power supply to the mine.
SHFE Copper Inventories Surge to Over 2-Month High
Industry insiders worry a large number of copper mines in Zambia may suspend production.
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Mopani Copper Mines (MCM) said its Kitwe and Mofulira projects will resume operation as soon as the dispute on electric price is settled.
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