Luanshya New Mine hailed as 'milestone event' for Zambia

CNMC Luanshya Copper Mines, or CLM, a joint-venture established in June 2009 by China Nonferrous Metal Mining (Group), or CNMC, and Zambia Consolidated Copper Mines Investment Holdings, has made significant contributions to the socioeconomic development of Luanshya city and Zambia as a whole, according to local authorities.

With 15 years of operational experience, the company has grown into a large-scale, fully integrated mining enterprise encompassing mining, concentrating and leaching in the landlocked nation at the crossroads of central, eastern and southern Africa.

In December 2023, its Copper — Grade A brand CLM was listed as a London Metal Exchange brand, marking the entry of CLM registered copper cathode into the international high-end market.

Since its inception, the company has invested a total of $830 million and paid $660 million in taxes. It has also conducted over 130 social responsibility projects, with cumulative expenditures exceeding $34.55 million.