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Glencore's Mopani copper mine in Zambia temporarily resumes operations for 90 days

iconMay 5, 2020 13:31

SMM5, May 5: it is reported that Mopani Copper (MCM), Glencore's subsidiary in Zambia, will resume operations for 90 days before entering maintenance mode.

During these 90 days, Mopani will continue to consult with the Government of Zambia on related matters.

Previously, Glencore planned to put MCM into a state of repair, but was strongly opposed by the Zambian government.

Mopani2020 is expected to produce 50, 000 to 70, 000 tons of copper a year. Glencore owns 71.3 per cent of Mopani copper, first quantum 16.9 per cent and ZCCM-IH 10 per cent.

"Glencore's copper company declared force majeure rejected by the Zambian mining sector

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