Zambia Waives Taxes on 271,000 Tons of Copper Exports Amid Smelter Challenges
Zambia has extended the suspension of a 10% export tax on copper concentrates until September 30, allowing the export of 271,742 metric tons of copper concentrate without duty. This decision is part of an effort to manage stockpiles of unprocessed copper due to ongoing smelter maintenance and technical issues. The waiver, initially implemented in August 2025, benefits several mining companies, including Mopani Copper Mines, Lumwana Mining Company, and First Quantum Minerals. Zambia exported 890,346 metric tons of copper in 2025 and aims to increase production to 3 million metric tons annually by 2031. The tax suspension is intended to alleviate the accumulation of copper concentrate stocks as smelters face operational challenges.