Mopani Copper Mines, Zambia's second-largest copper and cobalt producer, is to temporarily close its Mufulira mine next month in a bid to cut costs. The mine will be put under maintenance but jobs will be cut as a result.
MCM's other units - Nkana Mine and the Mufulira Copper smelter - are expected to keep operating normally and the company expects to rely on revenues from the smelter, which treats concentrates from mines in Zambia and from Congo's Katanga province. Mufulira mine accounts for about 40% of the company's copper output.
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