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Zambia says copper output may rise to almost 1 million tons in 2025
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Zambia says copper output may rise to almost 1 million tons in 2025
Apr 4, 2025 8:38 AM

LUSAKA, April 4 (Reuters) - Zambia's copper output is

forecast to rise to about 1 million tons this year from about

820,000 metric tons produced last year, finance minister

Situmbeko Musokotwane said in a statement.

Copper output in Africa's second-largest producer of the

metal is being boosted by revival of mines including Lubambe,

Luanshya and Kalengwa, Musokotwane said.

The Zambian government aims to raise output of the metal to

about 3 million tons over the decade even though it struggled to

reach the 1 million ton output target over the years. Companies,

including First Quantum Minerals ( FQVLF ) and Barrick Gold ( GOLD )

, are pouring billions of dollars to ramp up production

at mines in the country.

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