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| KCM’s new Nchanga smelter under construction. |
Zambia's Konkola copper mines, owned by London-listed Vedanta Resources, said on Tuesday that its Nchanga smelter will remain shut for one month.
Konkola last week closed the smelter as a result of a metal leak through the wall of a furnace.
Mined metal productiion was unaffected by the smelter shutdown, Konkola said.
In a press statement Ashwin Bajaj Senior Vice President - Investor Relations, Vedanta Resources plc said following the metal leak at the Flash Smelting
Furnace of the Nchanga Smelter on Friday 19th April 2013, KCM is
advancing its 15-day maintenance shutdown of the Nchanga smelter scheduled for
September 2013 to coincide with the current shutdown, while copper cooling
elements of the furnace are being replaced.
Bajaj said mined metal production remains
unaffected by the smelter shutdown. Smelter production is expected to resume
within four weeks, and H1 smelter production as per company plan is expected to
be unaffected.
Vedanta Resources plc ("Vedanta") is a London listed FTSE-100 diversified global
resources major. The group produces Aluminium, Copper, Zinc, Lead, Silver, Iron
ore, Power, and Oil and Gas. Vedanta has world-class assets in India, Zambia,
South Africa, Namibia, Ireland Liberia, Australia and Sri Lanka and a strong
organic growth pipeline of projects.
With an empowered talent pool globally,
Vedanta places strong emphasis on partnering with all its stakeholders based on
the core values of entrepreneurship, excellence, trust, inclusiveness and
growth.
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