KCM’s Copper Grade A “REC” Brand Reinstated by LME After Responsible Minerals Audit
Konkola Copper Mines Regains LME Copper Grade A “REC” Certification Following Independent Audit
Konkola Copper Mines plc announced that the London Metal Exchange (LME) has reinstated its Copper Grade A “REC” brand, restoring the company’s full market trading status.
The reinstatement follows a comprehensive independent audit conducted under the Responsible Minerals Assurance Process by the Responsible Minerals Initiative.
The audit confirmed that KCM complies fully with internationally recognised standards for responsible sourcing, supply chain transparency, and due diligence.
Acting CEO Malcolm Mewett described the decision as a major endorsement of the company’s transformation. “This reinstatement is a strong affirmation of KCM’s commitment to responsible mining,” he said. “Meeting the RMI’s rigorous standards sends a clear message to global customers and partners that KCM is a trusted and reliable supplier of high-quality, ethically produced copper cathodes.”
The reinstatement coincides with KCM’s ongoing initiatives to accelerate production and modernise operations, reinforcing the company’s role as a key contributor to Zambia’s mining sector and to the global shift toward sustainable resource development.
KCM expressed gratitude to the LME, RMI, and its stakeholders for their support throughout the audit and reinstatement process, noting that the recognition represents a pivotal milestone in the company’s operational recovery and governance transformation.
Konkola Copper Mines, a subsidiary of Vedanta Resources (79.4%) and ZCCM Investments Holdings (20.6%), operates across Chingola, Chililabombwe, Kitwe, and Nampundwe.
The company is committed to responsible mining practices, community development, and supporting Zambia’s goal of achieving three million tonnes of copper production annually by 2030.
