Copper

FQM’s $3.46bn Impact Underscores Zambia’s Copper Backbone

In its latest report, First Quantum Minerals (FQM) has reinforced its central role in Zambia’s copper economy, reporting a $3.46 billion contribution in 2025, highlighting how mining continues to anchor national growth and industrial activity. The contribution spans taxes, royalties, wages, procurement and community investment, reflecting a deeply embedded economic …

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Zambia Chases 3-Million-Ton Copper Goal, Spurring Mining Advisory Boom

Zambia’s ambitious plan to more than triple its annual copper production to three million tonnes by 2031 is setting off an exploration rush, drawing global engineering firms keen to manage the technical and environmental risks of massive new operations. The expansion strategy is supported by an aggressive regulatory and infrastructure …

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Smelter Shutdowns Threaten Zambia’s Copper Momentum and Regional Supply Chains – Update

Zambia’s push to scale up copper production is facing fresh pressure as planned shutdowns at key smelters threaten to ripple across both output and critical chemical supplies. Two of the country’s largest smelters of operations linked to Mopani Copper Mines and Chambishi, are preparing for extended maintenance outages later this …

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Mingomba Mine Signals Zambia’s Strategic Phase of Copper Growth

Zambia is stepping into a new phase of its copper expansion strategy, with the US$300 million Mingomba Mine set to break ground on 29 April  2026. The project, led by KoBold Metals, is expected to become a key contributor to the country’s long-term production goals, with planned output of up …

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Zambia Courts Global Capital to Triple Copper Output

LUSAKA – Zambia has launched a high-stakes diplomatic and economic offensive to more than triple its copper production to three million tonnes by 2031, positioning itself as a cornerstone of the global green energy transition. The ambitious target, revealed by Mines Minister Paul Kabuswe, comes as the world’s leading economies …

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Zambia’s Copperbelt Is Back – Mining Revival Signals a New Era

Zambia’s Copperbelt is firmly back in business. A rebound in mining activity and renewed investment momentum are once again positioning the province as one of Africa’s most compelling resource destinations. Addressing stakeholders at the Team Sweden Mining Indaba Cocktail Reception during the African Mining Indaba side event, Copperbelt Provincial Minister …

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Copper Renaissance: Zambia Targets Million-Tonne Milestone as Mining Rebounds

By: Nkosilathi Mudiyi Zambia’s mining sector is entering a period of aggressive expansion, with national copper production poised to breach the historic one-million-tonne threshold by the end of 2025. This surge follows a robust performance in 2024, where output climbed 12% to 820,676 tonnes, signalling a decisive recovery for the …

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FMF and the African Copperbelt Lead Creation of a New Global Copper Traceability Standard

As the world races toward electrification and digital transformation, copper has emerged as one of the most strategically contested minerals of the 21st century. Yet the global supply chain still lacks a unified, internationally recognised standard for traceability. That is now changing and driven not from traditional centres of global …

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Vedanta to Boost Investment at KCM – Update

The Vedanta Resources Chief Executive Officer, Deshnee Naidoo has confirmed that the company will increase its planned $1billion investment in Zambia’s Konkola Copper Mines (KCM) to fast-track new tailings leach facilities and expand copper production from secondary sources. KCM already hosts one of the world’s largest tailings leach plants, with …

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FQM Maps Path to Zambia’s 3Mt Copper Ambition – Update

TSX-listed copper, nickel and gold producer First Quantum Minerals (FQM) has outlined key steps for Zambia to achieve its ambitious target of 3Mt of copper production per year by 2032. To reach this milestone, about 815Mt of ore will need to be mined, considering the decline in ore grades from …

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