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Plans to restart the Nchanga smelter by Konkola Copper Mines (KCM) are already underway as the proposed date is the 22nd of June 2019.
KCM which is owned by Vedanta Resources made mention that Nchanga smelter, located close to Zambia’s boarder with the Democratic Republic of Congo has been loafing pending availability of concentrates.
However, Vedanta is fighting Zambia’s decision last month to name a provisional liquidator to run Vedanta Resources’ KCM business and is seeking international arbitration.
A Lusaka court said on Tuesday a hearing had been provisionally set for June 20 to consider an application by Vedanta Resources to be represented by its own lawyers in proceedings to wind up its KCM business in Zambia, lawyers said.
