SEHK:1258Metals and Mining
How China Nonferrous Mining’s $680 Million Zambian Expansion Could Shape SEHK:1258’s Growth Trajectory
Earlier this month, China Nonferrous Mining Corporation announced the launch of the Luanshya new mine project in Zambia, committing a total investment of around US$680 million to increase copper production capacity and extend mine life at the Luanshya Copper Mines PLC.
This expansion is expected to not only enhance the company’s long-term copper supply security but also generate significant employment and economic growth opportunities in the region.
We’ll explore how this major investment in...