ZCCM-IH Targets Larger Stakes in Zambia’s Mining Assets Under Commercial Expansion Strategy
ZCCM-IH to increase minority stakes in Zambia copper mines under commercial terms as it expands royalty-based revenue model Zambia’s state-owned investment company ZCCM Investments Holdings (ZCCM-IH) plans to increase its minority stakes in selected mining assets, with any adjustments to be made strictly on commercial terms rather than through compulsory or forced divestments, according to Chief Executive Officer Kakenenwa Muyangwa. The move reflects a broader trend across African resource-rich economies seeking to secure a greater share of revenues from their mineral wealth, particularly as global demand for critical minerals accelerates…
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