Luanshya New Mine hailed as 'milestone event' for Zambia

Considering the severe drought currently being experienced in Zambia, the water pumped out of the project will be beneficial to agricultural irrigation and electricity generation.

Luanshya New Mine is a "milestone event" in the high-quality development of the company, said Wang Jingjun, chairman of CLM. With a total investment of $500 million, the project is expected to be put into operation by 2028, with a designed annual production of 43,000 tons of copper concentrate and a service life of 20 years.

Upon completion, the project will provide some 3,000 jobs, and greatly promote the socioeconomic prosperity of the local area and the nation, Wang said.