Vedanta pays $246 million to regain Zambia copper mines
The metals and energy major plans to ramp up copper production from the mines to 300,000 tons a year and cobalt output to 6,000 tons.
Image courtesy of KGHM
Polish state-run firm KGHM, which is one of the world’s biggest copper and silver producers, sees no impact from coronavirus on its output and sales at the moment, but will consider asking the state for support if needed, its CEO said.
“We are closely looking at the reality day by day and we will verify our plans if needed to take the company safely through this difficult time,” KGHM Chief Executive Marcin Chludzinski told a video conference on Wednesday.
(By Agnieszka Barteczko)
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