Anglo American Reignites Investment in Zambia’s Copper Industry After 20 Years
Zambia’s mining sector is poised for growth as Anglo American Corporation, led by CEO Duncan Wanblad, has shown renewed interest in the country’s vibrant copper industry.
This marks a significant return nearly 20 years after the company’s exit, underscoring the robust potential Zambia’s mining sector continues to offer.
During a recent visit, President Hakainde Hichilema warmly welcomed Anglo American’s renewed partnership, underscoring Zambia’s ambitious goal to reach an annual copper production target of 3 million tons.
“Achieving this target will require strategic partnerships with reputable companies like Anglo American Corporation,” President Hichilema stated, emphasizing the value of collaboration in unlocking the full potential of Zambia’s mining resources.
President Hichilema also reaffirmed the government’s commitment to fostering an investment-friendly climate that benefits local communities and drives economic growth.
“A win-win investment environment depends on ongoing dialogue around policy and legal frameworks,” he noted. “We are working closely with the Chamber of Mines to ensure that Zambia remains competitive and attractive to investors.”
This renewed commitment from Anglo American not only highlights Zambia’s mining potential but also aligns with the government’s vision for sustainable and inclusive development in the sector.
