KCM seeks new Zambian export duty waiver for hard-to-smelt copper concentrate
KCM was engaging the relevant ministries to secure a waiver from Zambia's export duty on copper concentrate that its smelter cannot process due to metallurgical characteristics or during maintenance shutdowns. Zambia's duty suspension, which covered 271,742 tonnes of copper concentrate, ended on September 30. KCM's Nchanga smelter shut on June 1 and restarted on September 13, with rehabilitation costing about $40 million.
Why it matters: The waiver request sits within the briefing's trade policy theme, as Zambia balances domestic beneficiation requirements against the need to clear copper concentrate stockpiles.