President Hakainde Hichilema is eyeing a new target for Zambia’s copper production of 5 million metric tonnes per annum, which would mean a significant rise from around 800,000 metric tons of current copper production as of 2024. Speaking at the official launch of the $1.25 billion S3 Expansion Project at the Kansanshi Mine a subsidiary of First Quantum Minerals – FQM, President Hichilema stated that if Zambia could have ten mining companies operating on the same scale as First Quantum Minerals (FQM), which aims to produce about 500,000 tonnes per year from its operations in Zambia, the country would be talking about 5 million-tonne of copper goal which would be… Read the details in the weekly ZBT edition 25 August 2025!, Get your copy via the link https://zambianbusinesstimes.com/subscribe_to_zambian…/
