KCM copper ops unaffected by liquidation order so far; Vedanta execs denied site visit

Customers of Konkola Copper Mines (KCM) told Fastmarkets that copper deliveries for May have arrived on time and June deliveries are not expected to be affected by the Zambian government’s recent liquidation order of the 310,000 tonne per year facility.

The Zambian government filed an official document to the High Court to liquidate the assets of KCM, which is majority-owned by Vedanta Resources, on May 21.

KCM runs the country’s...

Published

Julian Luk

May 31, 2019

16:14 GMT

London