ZESCO Ends Electric Price Negotiations With Mining Companies

Published: Sep 25, 2017 10:39 (GMT+8)
ZESCO managing director Victor Mundende said they had ended negotiations on power price hike in September.

SHANGHAI Sept. 25 (SMM)-ZESCO managing director Victor Mundende said they had ended negotiations on power price hike in September.

The company will send electric charge bills to mining companies at the new electric price. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
High copper prices and raw material shortages constrain each other, with overseas copper scrap coefficients remaining stable [SMM Weekly Review on Secondary Copper Raw Materials Outside China]
3 mins ago
High copper prices and raw material shortages constrain each other, with overseas copper scrap coefficients remaining stable [SMM Weekly Review on Secondary Copper Raw Materials Outside China]
Read More
High copper prices and raw material shortages constrain each other, with overseas copper scrap coefficients remaining stable [SMM Weekly Review on Secondary Copper Raw Materials Outside China]
High copper prices and raw material shortages constrain each other, with overseas copper scrap coefficients remaining stable [SMM Weekly Review on Secondary Copper Raw Materials Outside China]
3 mins ago
2026 SMM National Day Holiday Processing Enterprise Holiday Survey - Copper Plate/Sheet and Strip [SMM Analysis] [SMM Analysis]
9 mins ago
2026 SMM National Day Holiday Processing Enterprise Holiday Survey - Copper Plate/Sheet and Strip [SMM Analysis] [SMM Analysis]
Read More
2026 SMM National Day Holiday Processing Enterprise Holiday Survey - Copper Plate/Sheet and Strip [SMM Analysis] [SMM Analysis]
2026 SMM National Day Holiday Processing Enterprise Holiday Survey - Copper Plate/Sheet and Strip [SMM Analysis] [SMM Analysis]
With the National Day holiday approaching, SMM surveyed the production plans of 10 large, medium, and small copper plate/sheet and strip enterprises, with a combined annual capacity of 1.24 million mt. The specific holiday arrangements are as follows:
9 mins ago
Escondida strike risk heats up, ore supply disruptions intensify [SMM Copper Morning Meeting Summary]
14 mins ago
Escondida strike risk heats up, ore supply disruptions intensify [SMM Copper Morning Meeting Summary]
Read More
Escondida strike risk heats up, ore supply disruptions intensify [SMM Copper Morning Meeting Summary]
Escondida strike risk heats up, ore supply disruptions intensify [SMM Copper Morning Meeting Summary]
SMM Morning Commentary: Overnight LME copper opened at $14,697.5/mt, initially touched a high of $14,708/mt, then drifted lower, dipping to $14,563.5/mt near the end of the session, and finally settled at $14,615.5/mt, down 1.13%. Trading volume reached 19,700 lots, and open interest stood at 263,900 lots, down 137 lots from the previous trading day, reflecting long liquidation. Overnight the most-traded SHFE copper 2610 contract opened at 110,790 yuan/mt, initially rose to 111,160 yuan/mt, then the price center moved straight down to a low of 110,560 yuan/mt, followed by wild swings before finally settling at 110,770 yuan/mt, down 0.5%. Trading volume reached 23,700 lots, and open interest stood at 123,500 lots, down 6,559 lots from the previous trading day, reflecting long liquidation.
14 mins ago