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Zambian President tells Glencore unit to accept new power prices

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COPPER
Zambian President Edgar Lungu has told Glencore's Mopani Copper Mines (MCM) unit to accept higher electricity prices caused by the removal of state energy subsidies, his spokesman said on Saturday. Copperbelt Energy Corp (CEC), which buys power from the State-owned electricity company and sells it to mines, slashed the supply to Mopani to 94 MW from 130 MW following a dispute over the new tariffs.
 
 
 
 
 

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