Kico Mining Plant in Kipushi Reopens After 30 Years of Inactivity
November 20, 2024
On Sunday, President Félix Antoine Tshisekedi inaugurated the Kico mining plant in Kipushi, reopening the site after over three decades. The revitalization is a joint venture between Ivanhoe Mines and Gécamines, aiming to produce 100,000 to 140,000 tonnes of high-grade crude zinc annually.
The restart is expected to generate jobs and support infrastructure improvements, benefiting local communities. Guy Robert Lukama, CEO of CMG, called it a "win-win partnership," emphasizing the economic opportunities it will bring.
The reactivation also aims to tap into the Democratic Republic of Congo's rich zinc resources, boosting the local mining industry and contributing to economic growth.
