Strategic Investment for Mopani’s Future
Zambia has chosen the United Arab Emirates’ International Resources Holdings (IRH), an affiliate of Abu Dhabi’s International Holdings Company (IHC), as a new strategic equity partner for Mopani Copper Mines. According to ZCCM-IH, the state-owned firm, this partnership aims to bolster Mopani’s financial and operational capabilities.
Objectives of the Partnership
The collaboration with IRH is set to provide immediate financial support, addressing Mopani’s short-term working capital needs and financing further mine development. This investment is critical for unleashing the long-term potential of Mopani Copper Mines and restructuring its financial framework.
Projected Increase in Copper Production
Under this new partnership, ZCCM-IH anticipates a significant boost in Mopani’s copper output. The goal is to enhance production levels to a minimum of 200,000 metric tons annually. This increase is crucial for Zambia’s broader objectives in the copper mining sector. 
