Zambia's KCM Smelter Set to Restart After Two-week Delay

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, Reuters reported. It was initially scheduled to reopen on Nov. 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 tonnes. KCM is the local unit of Mumbai-listed Vedanta, which owns about 80% of the company. Read more