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The federal government wants Zambia in order to regain you to definitely put, that have intentions to develop the fresh copper output to at least one million t/y by the 2027, and 3 million t/y by 2031. This may sound extremely optimistic provided Zambia only delivered 699,100 t/y within the 2023, the lower inside the 14 ages. But not, numerous multiple-billion investments underway offer reason for hope. Barrick’s most recent United states$2 billion expansion from the Lumwana will discover the fresh investment expand of 118,000 t/y so you can 240,one hundred thousand t/y inside 2028.
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