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.

Copper Inventories in Shanghai Bonded Zone Grow for 2 Weeks, SMM Reports

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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