Zambia Sees Copper Output Growing to 1 Million Tons by 2027
- The country targets 3 million tons annual production by 2031
- Country’s copper output fell to a 14 year-low in 2023
Copper plates on wagons ready for shipping at a refinery in Mufulira, Zambia.
Photographer: Zinyange Auntony/BloombergThis article is for subscribers only.
Zambia’s annual copper production will grow more than 40% to 1 million tons in 2027, according to the country’s Finance Ministry.
Africa’s second-largest copper producer is seeking to take advantage of what many predict will be a supply shortfall in the coming years, as the energy transition causes rising demand for the metal from electric vehicles to wind farms.