Zambian copper producers to slash output on import duty; DRC copper concs could be diverted to China

A new duty on imported copper raw materials in Zambia has already led to consequences - producers are planning on reducing output, while some concentrates from the neighboring Democratic Republic of Congo (DRC) could be diverted to other markets including China, Fastmarkets has learned.

Konkola Copper Mines (KCM), majority owned by Vedanta, has cut its operations in Ngchanga copper smelter starting this month amid lower availability of concentrates, a source familiar with the matter...

Published

Julian Luk

January 08, 2019

13:50 GMT

London