Zambia’s Mines and Minerals Development Minister, Paul Kabuswe, has announced that the country aims to increase copper production to over 1 million tonnes by the end of 2025. He expressed optimism that the long-term goal of reaching 3 million tonnes by 2031 is achievable.

Minister Kabuswe made these remarks during a high-level panel discussion focused on policies to meet the ambitious copper production target at the ongoing Mining and Investment Insaka in Lusaka.

Finance Minister Situmbeko Musokotwane emphasized the importance of teamwork in achieving this target. He noted the necessity of maintaining a competitive tax regime compared to other mining nations.

Dr. Musokotwane assured that the government is committed to tax stability and highlighted the role of supporting industries, such as transportation, in realizing this goal.

Infrastructure Minister Charles Milupi stressed the need for robust infrastructure to instill investor confidence that their products can reach market destinations.

He highlighted the importance of ensuring that essential support services, including energy, infrastructure, and skilled personnel, are in place to support the mining sector’s growth.

Publisher: CONSTANCE

Source: https://copperbeltkatangamining.
com/zambia-aims-for-over-1-million-tonnes-ofcopper-production-by-2025/