Monday, February 15, 2010

Zambia Copper Output Up 14 Per Cent In 2009

Zambia’s copper output rose 14 percent in 2009 to 697,860 tonnes against 611,940 tonnes in 2008 the central bank said on Monday.

Copper exports increased to 675,384 in 2009 from 587,125 tonnes the previous year.

Cobalt production increased to 5,879 tonnes last year compared with 4,617 tonnes in 2008 and exports rose to 5,868 tonnes in 2009 from 4,610 tonnes.

Output for 2010 is expected to hit record levels, while Trafigura is expected to buy a quarter of the nation’s copper output this year.

Zambia is Africa’s leading copper producer.

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