BASE METALS

Zambia pushing for local copper processing

Zambia's Mines Minister Christopher Yaluma tells delegation of new processing plant policy

Staff reporter

This article is 7 years old. Images might not display.

According to local media, including the Lusaka Times, Yaluma – who spoke to a group from South Africa’s Gauteng province earlier in November – called the practice of importing finished copper products mined in Zambia rather than manufacturing them within the country’s boundaries unacceptable. 

Exporting copper blisters, the minister added, does not give the country revenue because the materials contained disintegrate in foreign plants. Additionally, smaller miners lacking proper machinery are often exploited by larger ones who get product at lower prices.

However, integrating the new policy, which would be instituted by prohibiting the export of raw copper, could create jobs and add to revenues. 

Yaluma also told the delegation, the outlets said, that SA Capital Equipment – a member of the group in Gauteng – is looking at Zambia as a possible market, and such plans and collaborations with miners and equipment suppliers could also help to grow the industries.

SA Capital Equipment CEO Eric Bruggeman reportedly said during the meeting that it is attracted to elements of Zambia’s culture, and revealed plans to establish a hub on the copper belt province to encourage local manufacturing.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets