Mining
Investing in mining in Zambia offers lucrative opportunities due to the nation’s rich and abundant mineral resources, including copper, which is a vital commodity in the global economy.
Why Invest?
- Zambia’s mining sector accounts for about 70% of exports.
- Zambia is the world’s ninth largest producer of copper and holds six percent of the world’s known copper reserves. Notably, Zambia produces over 20% of the world’s emeralds.
- Zambia is richly endowed with the following extractive resources:
- Critical minerals such as copper, lithium, cobalt, nickel and rare earth minerals,
- Gemstones (precious and semi-precious stones) such as emeralds, topaz, quartz, opal, agate and amethyst,
- Industrial minerals such as uranium, coal, sulfur and hydrocarbons.
- The existing governing policy and law for the sector are the Mineral Resources Development Policy of 2013, and Mines and Minerals Development Act No. 11 of 2015 respectively.
- Zambia is poised to become the largest producer of nickel in Africa. This implies the country is strategically positioned for global clean energy transition.
