Webber Wentzel's Mining Sector Round Up 2024

Mining in Zambia - continued

Recently, Government initiated the National 3 Million Metric Tonnes Copper Production Strategy with a target year of 2031, alongside the National Critical Minerals Strategy for the period of 2024 to 2028.

The National 3 million Metric Tonnes Copper Strategy aspires to make a substantial contribution towards enhancing the nation's copper production, aiming for an unprecedented annual output of 3 million metric tonnes by the year 2031. Government intends to undertake a geophysical survey intended to ramp up copper production from the current production average of about 800,000 MT of copper production annually to 3 million metric tons of copper production annually by the year 2031.

13