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Konkola Copper Mines

Konkola Copper Mines is a major copper and cobalt mining company operating in Zambia's Copperbelt Province. The company extracts and processes copper ore from several underground and open-pit mines in the region, which is one of Africa's most significant copper-producing areas. Konkola Copper Mines operates multiple mining assets including the Konkola underground mine, one of the deepest copper mines in Africa, as well as processing facilities and smelting operations. The company has experienced significant ownership changes and legal disputes over the years, particularly involving Vedanta Resources and the Zambian government through ZCCM Investment Holdings. Production capacity and operational performance have fluctuated amid these ownership transitions and investment challenges. Copper and cobalt extracted by the company are critical to global markets, with cobalt particularly important for battery technology and renewable energy applications. The company is a major employer in the Copperbelt Province and plays a significant role in Zambia's mining sector and national economy. Konkola Copper Mines was established through the privatisation of Zambia's state-owned mining assets in the early 2000s, with Vedanta Resources acquiring majority control in 2004 before the Zambian government moved to liquidate Vedanta's stake in 2019, leading to protracted legal proceedings.

Konkola Copper Mines News


Chipokota Mwanawasa
Trafigura appoints new Zambian executive director
16th October 2026 By: Sabrina Jardim

Commodities trader Trafigura has announced the appointment of Chipokota Mwanawasa as executive director in Zambia. In her new role, Mwanawasa will coordinate Trafigura’s activities in Zambia across... 


ZCCM-IH CEO Kakenenwa Muyangwa
ZCCM-IH gives its approval for $498m tailings leach plant at KCM in Zambia
7th October 2026 By: Sabrina Jardim

Aim-listed ZCCM Investment Holdings (ZCCM-IH) has given its shareholder approval for a new $498-million new tailings leach plant (TLP) at Konkola Copper Mines (KCM), in Zambia, in which ZCCM-IH... 


A haul truck at KCM in Zambia
Zambia's KCM signs $498m deal with Chinese firm for copper recovery plant
18th September 2026 By: Reuters

Vedanta's Konkola Copper Mines (KCM) has signed a $498-million deal with China's NERIN Engineering to build a copper recovery plant that will add 70 000 metric tons of annual output by extracting... 


Copper sheets
Zambia's ZCCM says CopperTech IPO could speed up $2.7bn expansion project
19th June 2026 By: Reuters

Zambia's ZCCM Investment Holdings said on Friday that Vedanta's planned IPO of its copper unit could speed up their jointly owned company's $2.7-billion expansion project. Vedanta is preparing the... 


Raw copper produced in Zambia
Zambia extends duty-free copper concentrate export duty waiver amid smelter outages
3rd June 2026 By: Reuters

Zambia has extended the suspension of a 10% duty on copper concentrate exports to September 30, to help clear stockpiles of unprocessed material as the country's major smelters undergo extended... 


The Nchanga copper smelter
Vedanta's Zambian unit shuts copper smelter for maintenance
2nd June 2026 By: Reuters

LUSAKA – Vedanta's Konkola Copper Mines has started a 60-day shutdown of its Nchanga smelter in Zambia for maintenance and repairs, it said on Tuesday. KCM said the repairs and maintenance are... 


KCM CE Deshnee Naidoo
Zambia's Konkola reopens Chingola copper mine after 18-year shutdown
22nd May 2026 By: Reuters

Zambia's Konkola Copper Mines resumed mining at its Chingola "B" Mine on Thursday, 18 years after operations ceased, as Africa's second-largest copper producing nation pushes to more than triple... 


An image of the Mopani Copper Processing Site
Investor targets copper production boost
14th November 2025 By: Nadine Ramdass

As part of its commitment to the Zambian government’s aim to reach three-million tonnes of copper production by 2031, State-owned investment company ZCCM Investments Holdings (ZCCM-IH) is... 


Vedanta's newly launched CopperTech to invest $1.5bn in Konkola
Vedanta's newly launched CopperTech to invest $1.5bn in Konkola
7th November 2025 By: Mariaan Webb

Vedanta Resources has launched CopperTech Metals, a US-domiciled company that will own and operate Zambia’s Konkola Copper Mines (KCM), connecting America’s critical mineral needs with Zambia’s... 


Copper sheets produced at Konkola Copper Mines
Vedanta’s Zambia copper unit will revamp smelter to boost output
17th July 2025 By: Bloomberg

Vedanta Resources’ Zambian copper mining unit plans to refurbish its smelter as part of efforts to ramp up production from operations the company recovered last year. The plant will undergo “a full... 


Mines Minister Paul Kabuswe
Zambia copper production up 30% year on year in the first quarter, minister says
30th April 2025 By: Reuters

Zambia's copper production was up about 30% on the previous year in the first quarter of 2025, reaching roughly 224 000 metric tons from around 173 000 metric tons in the first quarter of 2024,... 


Haul truck at a Zambian copper mine
Vedanta weighs US listing to raise $1bn for Zambian copper assets
23rd April 2025 By: Reuters

Vedanta Resources, is considering a US public listing for its Zambian unit Konkola Copper Mines as one of its options to try to raise about $1-billion for mine development, three sources familiar... 


Anil Agarwal
Metals billionaire Agarwal seeks mining reboot amid debt overhaul, Saudi push
22nd April 2025 By: Bloomberg

Indian billionaire Anil Agarwal is inching closer to finishing a long-planned breakup of his metals-to-energy conglomerate Vedanta, a move aimed at trimming the group’s $11-billion debt pile and... 


Vedanta's Chris Griffith
Vedanta aims to raise $1bn via debt to fund Zambian copper mines
6th February 2025 By: Reuters

Vedanta Resources is trying to raise around $1-billion in debt financing to fund development of its Konkola Copper Mines (KCM) in Zambia, Chris Griffith, head of the company's base metals unit,... 


A copper mine in Zambia
Zambia copper output up 12% last year as key mines recover
22nd January 2025 By: Reuters

Zambia's copper output rose 12% in 2024, buoyed by a recovery in production at key mines as the government counts on the sector to drive economic growth. Output reached roughly 820 670 metric tons,... 


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pqt: 0.068s - ct: 0.121s - 235pq - 2rq
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