The annual Copper production at one of the largest underground mines in Zambia, Lubambe copper mine has continued decreasing year in year out despite Despite Government’s aspirations to hit the 3 million copper production target.
The 2022 copper production at Lubambe stood at 17, 917 metric tons from the 18, 373 metric tons produced in 2021. This is also far below the 44 162.98 MT produced in 2018, 46 029.79 MT in 2019 and 21 062.13 metric tons produced in 2020.
Lubambe Copper Mine is a large-scale operating underground copper mine situated on the Zambian Copperbelt close to the town of Chllilabombwe. The Mine is 80% owned by EMR Capital Resources, while 20% is held by ZCCM Investments Holdings Plc.
According to Government official statistics obtained by the Zambian Business Times – ZBT – Chililabombwe’s Lubambe Copper Mine recorded a decrease of about 26 245.81 metric tons of copper production in 2022 when compared to 2018.
The decrease is however against the new dawn government’s aspirations to hit the 3 million tons of copper production in the next nine years which requires large scale mines to increase productions.
This has also contributed to Zambia’s 2022 annual copper production which dropped by 5% to about 760,000 tons from the 800,696 tons which was produced in the preceding year 2021. Efforts however to get a comment from Lubambe Copper Mine proved futile as officials could not give answers by press time.
