Zambia's copper output rose 12% in 2024, buoyed by a recovery in production at key mines as the government counts on the sector to drive economic growth.

Zambia boosted its copper output in 2024, according to the nation’s mines minister, with the industry overcoming a severe drought last year that had put production at risk.

(Reuters) -Copper miner Freeport-McMoRan posted a drop in fourth-quarter production on Thursday and said that its costs would rise more than expected this year, sending the company's shares down more than 4%.