Mercuria partners with Zambia on metals trading venture
The joint venture will buy and sell copper domestically and for export, and over time will take responsibility for trading Zambia’s share of copper output from mines.
The world’s largest copper producer, Codelco, is facing a 24-hour strike on Monday in opposition to a plan that workers say would move Chile’s state-owned mining corporation toward privatization.
The Federation of Copper Workers , which represents 15,000 of the company’s 20,000 employees, called for the strike, which will be the company’s first in 18 years.
