ZCCM-IH Plans Commodity Trading Arm to Capture Greater Value from Zambia’s Mineral Output
Zambia’s ZCCM-IH to Launch Commodities Trading Strategy and Expand Royalty Model in Copper Sector ZCCM Investments Holdings (ZCCM-IH) is developing plans to establish a commodities trading function that would allow it to market its share of mineral production directly on international markets, according to Chief Executive Officer Kakenenwa Muyangwa. The strategy would enable the majority state-owned mining investment company to access physical volumes of output from its portfolio companies in proportion to its equity holdings and sell them independently. The move is designed to capture greater value as global competition…
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