Export earnings from refined copper in Zambia dipped by 5.8%, declining from K19.8 billion in December 2024 to K18.7 billion in January 2025, as revealed by the recent official statistics obtained by the Zambian Business Times (ZBT).
According to official statistics, in January 2024, refined copper export volumes saw a reduction of 7.4%, dropping from 80 thousand metric tons in December to 74.1 thousand metric tons. Notably, during the same period, the London Metal Exchange (LME) copper prices experienced a slight increase of 0.7%, rising from US$8,919.5 per metric ton to US$8,977.6 per metric ton.
However, the volume of refined copper exported in January 2025 surpassed the previous year’s figures, with 74.1 thousand metric tons compared to 65.5 thousand metric tons in January 2024, reflecting a significant 13% increase yearon-year.
