Vedanta Resources has actually introduced CopperTech Metals, a US-domiciled firm that will certainly have and run Zambia’s Konkola Copper Mines (KCM), linking America’s essential mineral requires with Zambia’s historical copper heritage.
The firm likewise revealed that CopperTech would certainly spend $1.5-billion to broaden and modernise Konkola’s procedures, which currently gained from concerning $3-billion in historical financial investment.
CopperTech would certainly make use of expert system- (AI-) driven source recognition and removal innovation to raise incorporated copper manufacturing from 140 000 t in the 2026 fiscal year to 300 000 t by 2031, with long-lasting strategies to get to 500 000 t/y, placing Konkola amongst the globe’s most significant copper manufacturers.
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