Glencore’s Mopani agrees to pay new higher electricity tariffs

September 11, 2017

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Glencore’s Zambian unit Mopani Copper Mines (MCM) will pay increased electricity prices caused by the removal of state energy subsidies, the mines minister said Monday. Copperbelt Energy Corporation (CEC), which buys power from the State-owned electricity company and sells to mines, slashed supply to Mopani due to a dispute over new, higher tariffs.

Category: General