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Mercuria and Zambia to ship first copper under new partnership
Mercuria Energy Group and a Zambian State-owned company are set to ship their first copper under a new trading partnership after obtaining a government waiver to export a semi-processed form of the metal. The venture, working with mining companies, has secured copper concentrates to sell, Mulumba Lwatula, head of mining and energy investments at Zambia’s Industrial Development Corp., said by phone Friday.The government on June 28 suspended a 10% duty on 255 357 metric tons of concentrates exported via the IDC, according to regulations issued the day before. The waiver ends Oct. 1, the regulations show. Zambia’s ... (full story)
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- Jul 14, 2025 3:48am Posted byFundamental Analysis243
