Import duty discussions underway

Zambia’s mining giant, Konkola Copper Mines (KCM) is currently holding discussions with the government regarding import duty as plans to step up production are in the pipeline.

KCM corporate affairs manager Eugene Chungu earlier alluded that the Nchanga smelter had been idle pending availability of concentrates stocks.

Operations at Nchanga smelter also came to halt following the disappearance of a flash disk which aids the operating software. The missing flash disk includes the application certificate licence key. The application certificate is the license key for software used for running the computerised system of the smelter.

“Konkola Copper Mines Plc (KCM) wishes to comment on media reports regarding the status of the smelter situated at Nchanga, Chingola. The facts are as follows: The smelter has been idle pending availability of concentrates stocks,” stated Chungu.

Although KCM has been employed under the management of a provisional liquidator, works at Nchanga smelter in Chingola have commenced.


Check Also

Too much of a good thing

More is not always the right approach when it comes to using oil additives.  In …