FILE PHOTO: A truck travels underground to collect ore at the Chibuluma copper mine

Zambia's 2018 copper output to be above last year's 800,000 tonnes

LUSAKA (Reuters) - Zambia's 2018 copper production is projected to rise above the 800,000 tonnes produced last year, its Minister of Finance Margaret Mwanakatwe said in a statement on Monday.

Copper output in 2018 continued to increase with a total of 696,526 tonnes produced between January and October, compared with 654,743 tonnes in the same period in 2017, Mwanakatwe said.

"The fairly high global copper prices which averaged $6,598 (per tonne) and demand provided the impetus for copper production," Mwanakatwe said.

(Reporting by Chris Mfula; Editing by Christian Schmollinger)

2018-12-31 08:07:35

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