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Glencore Shuts down Copper-Cobalt Mine in Zambia

iconAug 15, 2017 13:41
Source: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.

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.

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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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