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Zambia seeks global investment, including from the U.S., to triple copper output by 2031 despite missing its 2025 target.
Zambia is pursuing global investment, including from the U.S., to triple copper output to 3 million metric tons by 2031, despite missing its 2025 target of 1 million tons.
The country, Africa’s second-largest copper producer, aims to boost supply of critical minerals for clean energy and electric vehicles.
Mines Minister Paul Kabuswe confirmed U.S. involvement in talks, rejecting claims that upcoming health aid over $1 billion would be tied to mining access.
Zambia holds major reserves of cobalt, nickel, lithium, and other key minerals.
Major operators include Chinese, Canadian, Indian, UAE, and U.S.-backed firms.
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Zambia busca inversiones globales, incluidas las de los Estados Unidos, para triplicar la producción de cobre para 2031, a pesar de no alcanzar su objetivo para 2025.