FQM gets power supply

POWER supply has been restored at First Quantum Minerals (FQM)-operated mines following fruitful high-level discussions between Government and the mining giant.
The two parties met on Thursday and Friday and discussed electricity supply and migration to the new power tariff structure.

Among the issues tabled was the quality of electricity supply to FQM- operated mines and the restriction of power supply.

This is according to a statement jointly signed by Minister of Energy David Mabumba and his counterpart at Finance, Felix Mutati.
At the conclusion of the talks on Friday, it was resolved and agreed by all parties involved in the discussions thus: FQM-operated mines will be deemed to have migrated to the new tariff structure with effect from January this year.
It was further agreed that Government, through Zesco, will put in place measures to ensure continuous, stable and full supply of power to FQM-operated mines, including importation of power from alternative suppliers.


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