Zambia Cuts 2015 Copper Output Forecast Up to 26%, Minister Says

  • Output won't be `very much beyond 600,000 tons': Chikwanda
  • Zambia budgets average $5,000/ton copper price for 2016

Zambia cut its copper output forecast for this year by as much as 26 percent as prices trade near six-year lows and a power shortage curbs production, Finance Minister Alexander Chikwanda said.

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