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HomeMiningGypsum prices up 200% amid Chambishi Metals continued closure?

Gypsum prices up 200% amid Chambishi Metals continued closure?

Following the continued closure of Chambishi Metals since 2020, Zambia’s now only official gypsum producer, United Gypsum, has come under scrutiny as industry players raise concerns over a steep increase in gypsum prices. Reports from industry players suggest that prices have nearly tripled, from approximately $35 per tonne to as much as $105 per tonne, since Chambishi Metals exited the market. This represents a staggering 200% increase and United Gypsum, now the country’s sole official gypsum producer following Chambishi Metals’ shutdown in 2020, has become the focal point for these concerns. In January 2020, the Zambian Business Times (ZBT) reported...

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