Glencore’s Zambian unit says investments at risk due to power issues

Glencore’s Zambian unit Mopani Copper Mines (MCM) said on Friday that the continued restriction of power supply to its operations due to a dispute with its electricity supplier over prices has put its investments at risk.

Copperbelt Energy Corp. (CEC), which buys power from the state-owned electricity company and sells to mines, slashed supply to Mopani to 94 MW from 130 MW following a dispute over new, higher tariffs. (Reporting by Chris Mfula; Editing by James Macharia)

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