Zambia Moves to Strengthen Mining Sector

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Researched by Industrial Info Resources (Sugar Land, Texas)--Zambia has vast resources of copper, gold and other mineral deposits that make up a big part of its economy. Zambia exported US$5.77 billion worth of raw copper in 2020, according to OEC Group.

Apart from being an alluring destination for foreign direct investments and serving as a major source of tax revenue, Zambia's mining activity is a major source of employment.

Zambia's Ministry of Mines and Mineral Development and mining authorities are seeking to instill confidence in the sector and support international mining leaders with flexible mining plans and policies. Zambia's aim is for the mining sector to help the country achieve its GDP growth target and increase investments.

Industrial Info is tracking 32 mining projects in Zambia, worth about US$2.06 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project Database can click here for a list of detailed project reports.

Click on the image at right for a chart showing Zambia's Mining spending activity by state.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).