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December 22, 2024
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China Non-Ferrous Commits $100 Million Investment to Zambia’s Shaft 28 Mine

China Non-Ferrous Metal Company has reinforced its dedication to empowering local communities, setting a transformative example through its operations in Zambia.

Robert Kamanga, Deputy Chief Executive Officer of Shaft 28 Technical, unveiled remarkable progress in the dewatering process at the Shaft 28 Mine, a project energized by a game-changing $100 million investment. This ambitious effort aims to breathe new life into the mining facility and the surrounding region.

The milestone was celebrated during a visit to the Luanshya-based mine by Zambia’s Minister of Water Development and Sanitation, Collins Nzovu. Minister Nzovu underscored the far-reaching impact of the dewatering initiative, highlighting how it not only stabilizes water levels in the Kafue River but also delivers a lifeline to small-scale farmers by enabling irrigation for their crops.

The mine’s full-scale operations promise transformative benefits, including the creation of over 3,000 jobs and a projected tax contribution exceeding $23 million annually. This development marks a significant step forward in boosting the local economy and fostering sustainable growth in the region.

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