August 22, 2017 / 2:13 PM / 7 months ago

Glencore's Zambian unit says to shed 4,700 workers due to power shortages

LUSAKA (Reuters) - Glencore’s Zambian copper mining unit, Mopani Copper Mines, said on Tuesday it would be laying off nearly 5,000 workers due to persistent electricity supply disruptions.

The logo of commodities trader Glencore is pictured in front of the company's headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

“Although we shall work on optimising the use of limited power that we are receiving, we expect that we shall effectively have to close several areas and our scaled back operations may affect a total of 4,700 direct employees,” the company said in a statement.

Reporting by Chris Mfula; Writing by Mfuneko Toyana; Editing by Robin Pomeroy

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