Mining expert Charles Mulila, Executive Director of Development, Education Community Projects (DECOP), has raised concerns regarding ZCCM Investments Holdings Plc’s recent approval of a $498 million Tailings Leach Plant at Konkola Copper Mines’ (KCM) Nchanga operation in Chingola. The approval enables KCM, majority-owned by Vedanta Resources Limited a foreign-owned firm to proceed with the project, following the signing of a $498 million engineering, procurement, and construction agreement with China NERIN Engineering Company Limited on 17 September 2026. Konkola Copper Mines (KCM) is owned jointly by Vedanta Resources Limited (which holds an 80% stake and management control) and the Government of...
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