https://www.engineeringnews.co.za

Zambia's KCM smelter set to restart after two-week delay – minister

27th November 2019

By: Reuters

  

Font size: - +

LONDON – Zambia's Konkola Copper Mines (KCM) smelter could restart next week after a delay of around a fortnight, mines minister Richard Masukwa told Reuters.

The smelter was shut down in early October for annual maintenance, two days earlier than planned due to a leak. It was initially scheduled to reopen on November 15.

"This week we are testing and I hope that next week (the smelter) will be up and running," Masukwa said on the sidelines of the London Mines and Money conference.

He did not elaborate on the reason for the delay to the restart of the smelter, which has a capacity of 311 000 t.

KCM is the local unit of Mumbai-listed Vedanta, which owns about 80% of the company.

Vedanta has been locked in a dispute with the Zambian government since May when Lusaka appointed a liquidator to run KCM, which is 20% owned by Zambia's state mining company ZCCM-IH. Zambia accused KCM of breaching the terms of its licence, an accusation the company has denied.

An arbitrator has been appointed to settle the dispute and both sides are negotiating dates for official proceedings, Vedanta executive Deshnee Naidoo told Reuters on Monday.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Aluminium Federation of South Africa
Aluminium Federation of South Africa

The Aluminium Federation of South Africa (AFSA), is the voice of the South African aluminium industry.

VISIT SHOWROOM 
Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.055 0.731s - 140pq - 2rq
Subscribe Now