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Zambia, Mercuria strike copper trading joint venture to boost export value

Copper mine. Photo by Jandira Sonnendeck @ Unsplash
Copper mine. Photo by Jandira Sonnendeck @ Unsplash

Ahmed Boulor

Ahmed Boulor is a Nigerian journalist who is versed in covering content regarding political economy, business, tech and energy markets
  • Zambia signs joint venture with Mercuria Energy Group to co-manage copper concentrate trading
  • Move seen as credit-positive for Eurobonds and key to strengthening FX earnings

 

LUSAKA, ZAMBIA – Zambia has entered into a 50:50 joint venture with Swiss commodities giant Mercuria Energy Group to capture greater value from copper, its most vital export.

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