Zambia's cabinet approves a state-owned minerals trading company to optimize resources and boost economy.
Zambia's cabinet approved a state-owned minerals trading company, aiming to earn more from its natural resources by optimizing mapping, technologies, and infrastructure. The new entity will facilitate investment and trading, potentially boosting the country's economy amid growing global demand for minerals. This move comes after the country's position as Africa's second-largest copper producer and follows the success of Glencore Plc and Trafigura.
June 12, 2024
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