Zambia on Track to Reach One Million Tonnes of Copper Production

President Hakainde Hichilema has announced that Zambia is projected to reach one million tonnes of copper production this year, a significant step towards the government’s target of three million tonnes annually by 2030.

Speaking at the Invest in Zambia Conference in Lusaka, President Hichilema outlined the country’s renewed mining momentum, driven by reforms aimed at unlocking dormant assets and attracting large-scale investment. Key among these efforts has been the reopening of previously inactive sites, including Kalengwa and 28 Shaft, which have been reactivated as part of broader plans to revitalise the sector.

The President also referenced Barrick Lumwana, a major copper mine that had previously considered exiting Zambia. Following sustained dialogue and policy engagement, the company has instead opted to remain and reinvest over $2 billion into its operations, a strong signal of investor confidence in Zambia’s improving business climate.

Zambia’s upward copper production trend is underpinned by a stable governance framework and legal environment that protects investors, fosters transparency, and encourages long-term partnerships. Zambia’s mining sector is poised to play a crucial role in both regional development and international supply chains.