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Lusaka
December 14, 2024
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Zambia Targets Over 1 Million Tonnes of Copper Production by 2025

Zambia’s Minister of Mines and Minerals Development, Paul Kabuswe, announced the country’s goal to boost copper production to over 1 million tonnes by 2025, with an eye on reaching 3 million tonnes by 2031. Speaking at the Mining and Investment Insaka in Lusaka, he expressed optimism about achieving these targets.

Finance Minister Situmbeko Musokotwane emphasized the importance of maintaining a competitive tax regime to attract investment and reaffirmed the government’s commitment to tax stability. He also stressed the critical role of supporting industries, such as transportation, in reaching these production goals.

Infrastructure Minister Charles Milupi underlined the necessity of strong infrastructure to reassure investors that their products can reliably reach markets. He pointed out the importance of energy, infrastructure, and skilled personnel in facilitating the mining sector’s growth.

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