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TRUCKS with copper at the Zambia-Botswana Kazungula Border Post. PICTURE: EDDIE MWANALEZA

Refined copper exports in 4.7 percent reduction

THE cumulative volume of refined copper exported from January to October this year has reduced by 4.7 percent to 735,200 metric tonnes (MT) compared to 771,600MT for the same period in 2020.
This means Zambia may not surpass the 882,061MT produced in 2020 unless the country’s mining companies ramp up production to exceed over 147,000MT in the remaining one month.
According to the latest Zambia Statistics Agency’s monthly statistical bulletin, copper production from January to October 2020 stood at 771,600MT and the country managed to produce 110,461MT to end the year with 882,061MT.
The bulletin further states that earnings from refined copper in October this year decreased by 0.1 percentage point to K11.753 billion from K11.764 billion in September.
On international merchandise trade, total exports and imports by mode of transport indicate that the total value of exports through all modes of transport from January to October this year was K183.3 billion, with road transport accounting for K104.9 billion CLICK TO READ MORE