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Article: Zambia: More Chinese investment in the Copperbelt.

Article from:
TendersInfo
Article date:
October 8, 2008
Copyright

Byline: deepak03

Zhonghui International Mining Industry of China has plans to invest US$200 billion in Zambia to open up copper mines in Kitwe, Solwezi and Luapula province.

The company has already spent US$500 Million on copper mining exploration in Kitwe s Ichimpe area and Chipupushi in Lufwanyama. Apart from the mine, in North Western province, the company hopes to construct a copper smelter which will produce 300 metric tonnes of copper annually.

Speaking in Ndola today when a team from the company paid a courtesy call on Copperbelt Minister Mwansa Mbulakulima, company president Charles Shi said the company has decided to invest in Zambia ...

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