ZCCM-IH seeks faster implementation of local content policy in mining sector

Musonda said ZCCM-IH remained committed to supporting the Zambia Growth Vision and would continue to play a role in the country’s mining and broader economic development.

The visit formed part of a wider Copperbelt investment tour aimed at assessing operational performance, strategic capital projects and governance across ZCCM-IH’s mining portfolio.

The board met CNMC Luanshya management, led by chairman Jiang Lei, to review the mine’s financial performance, operations, safety and infrastructure developments for the 2025 financial year and the first half of 2026.

The delegation also inspected several projects, including Shaft 28, where dewatering has been completed to facilitate further underground clearance and construction.

Other projects inspected included the Shaft 28 New Mine Site, Mashiba Ramp, Muliashi Open Pit backfilling, ventilation shafts and the installation of modern winding equipment.

ZCCM-IH Chief Executive Officer, Kakenenwa Muyangwa, said active shareholder oversight was important to ensuring strategic investments delivered long-term value.

“At Luanshya, the Board has seen tangible progress on projects such as Shaft 28 that are important to the mine’s long-term production. We will continue to work closely with CNMC Luanshya management to ensure these projects are delivered efficiently and translate into sustainable returns,” Muyangwa said.

He said developing a competitive Zambian supply chain and investing in local workforce skills would also be critical to strengthening the long-term resilience of the company’s mining assets.

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