Business
ZCCM-IH set to expand business portfolio, targets mining, energy
ZCCM-IH expects to significantly increase its power and copper capacity over the next two years as it advances Maamba Phase II, reopens 28 Shaft at Luanshya and ramps up Mopani Copper Mines towards more than 200,000 tonnes of copper annually. The company told shareholders that…
Picture: Zambia Monitor
ZCCM-IH expects to significantly increase its power and copper capacity over the next two years as it advances Maamba Phase II, reopens 28 Shaft at Luanshya and ramps up Mopani Copper Mines towards more than 200,000 tonnes of copper annually.
The company told shareholders that 2026 and 2027 would be key years for expanding capacity across its portfolio, with funding being channelled into major growth projects.
Maamba Phase II is expected to be completed in early 2027, while 28 Shaft at Luanshya is scheduled to reopen as Mopani increases production.
In a statement issued on Monday, ZCCM-IH Chief Executive Officer, Kakenenwa Muyangwa, said the company was also investing in energy, mineral processing and other assets.
“We are also funding the next phase of that growth, in energy through Maamba Phase II, Ever Great Energy, reviving Ndola Lime and value addition through Sino Great Chemicals and across the copper and gold portfolio,” Muyangwa said.
The company is expected to outline its broader growth plans when it launches its 10-year strategy at its Shareholder Open Day in November.
WARNING All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express permission from ZAMBIA MONITOR.
Source: Zambia Monitor — Read more
More to read
All Business →
Y Celeb ft. Vocalist Zm – Dobo Video
Copperbelt rap heavyweight Y Celeb has released a new music video for his latest song, “Dobo,” a record that challenges the stereotypes society often attaches to people who smoke marijuana. The song questions the assumption that marijuana users cannot achieve success, highlighting how quick judgements…
Catholic priest Tyola, UPND’s Bwalya, reportedly reconcile
Catholic priest Father (Fr) Henry Tyola and United Party for National Development (UPND) official Frank Bwalya have reportedly reconciled following a dispute over alleged defamation and cyber-related abuse. Last week, Zambia Monitor reported that Bwalya, had threatened legal action against Fr Tyola over the alleged…
Zambia claims unemployment rate falls to 9.9%, as Western Province worst hit at 20.6%
Zambia’s unemployment rate fell to 9.9 percent in 2025 from 12.9 percent in 2024, while the employment-to-population ratio increased to 37.1 percent, according to the latest labour market survey. The findings were released during the official dissemination of the 2025 Labour Force Survey and Employment…