Vedanta`s Konkola Halts Production

Bloomberg reported that Vedanta Resources Plc`s Zambian unit, Konkola Copper Mines has halted production.

As quoted in the market report:

The contract with Brazilian-owned U&M Mining Services expired Dec. 31, the Zambian company said in an e-mailed statement today. The Nchanga mine, which includes the halted Chingola F&D open pit, produces an average 5,400 tonnes per month of copper in concentrate, according to the company.

To view the whole Bloomberg report, click here.