Vedanta says power curbs will cost jobs

[] – A POWER restriction at the Zambian mine of Vedanta Resources would result in job losses if prolonged, said Bloomberg News citing comments from the UK-listed firm’s spokesman, Shapi Shachinda.

Vedanta’s Konkola Copper Mines (KCM) has lost 482 tons of copper output worth $3.3m since its power was restricted on September 20 as a result of a payment dispute with Copperbelt Energy Corporation.

The electricity-supply curb is “greatly impairing KCM’s production and profitability, which compromises the safety of our employees and may have implications for job security if prolonged,’ Shachinda told Bloomberg News.

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