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Copper Prices Rise, Boosting Zambia
Copper prices climbed 1.2% to US$11,656 per tonne, driven by supply disruptions and strong global demand, particularly from China’s EV and energy sectors and U.S. AI investments. The market is expected to remain in deficit into 2026. For Zambia, a top copper exporter, higher prices strengthen export revenues, support the Kwacha, and enhance fiscal capacity. The increase could aid government finances and improve economic stability amid ongoing global uncertainties.
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