Lubambe mine in Chililabomwe commissioned

JCHX Mining Limited has officially been unveiled as the new strategic investor in Lubambe Copper Mine Limited.‎‎

President Hakainde Hichilema said United Party for National Development (UPND) economic vision is anchored on attracting investment that delivers measurable impact. ‎‎

“We cannot build a resilient nation if we consume more than we produce. That path leads to unsustainable debt and missed opportunities,” He said.‎‎

Speaking during the relaunch of the Lubambe mine the President said through productive sectors like mining, farming and others, can create enduring jobs, grow local enterprise, and expand revenue for national development.

‎‎This occasion also marked the groundbreaking of the deep ore body mining project, a critical inflection point in Zambia’s quest to fully unlock the country’s mineral wealth and realise the  national ambition of producing 3 million tonnes of copper annually, by 2031.

‎‎”We commend the leadership of Lubambe and ZCCM-IH for their perseverance in sustaining operations through turbulent times. We also applaud the Minister of Mines and Minerals Development for his steadfast commitment in securing this vital transaction,” he said.‎‎

The President added that partnership, rooted in mutual trust and shared values, is essential for driving sustainable economic growth.

‎‎Meanwhile Chinese Ambassador to Zambia Han Jing said the Chinese government will continue to support entrepreneurs in increasing investments in expanding production in Zambia.‎‎

“They will be encouraged to operate in strict compliance with safety labour and environmental standards to continue giving back to local communities,” Mr Jing said.

‎‎The Ambassador said China is committed to promoting green development in mining and has proposed to sign a Memorandum of Understanding (MoU) on green mineral cooperation with Zambia.‎‎‎

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