Thu, 27 Apr 2017 11:23:16 +0000 By SANDRA MACHIMA ZAMBIA can restore its position as Africa’s largest copper producer if all smelters in the country reach their full capacity, says Konkola Copper Mines (KCM) chairman and Vedanta Resources Plc chief executive officer Tom Albanese. Mr Albanese said the nations which forge industrial strategies aimed at diversifying their economies and building domestic and cross-border value chains to serve national and regional consumers would flourish in the current subdued global metals market. Mr Albanese disclosed that more than $3 billion had been invested in KCM on mine expansions and upgrades, which include the Nchanga copper smelter, three concentrators and a Tailings Leach plant. He said KCM was currently working with engineering consultants to review some of the technologies it could employ to boost production. Mr Albanese said Vedanta and KCM’s objective was to increase production levels to 400,000 tonnes of copper each year, which would quadruple […]
