Finance · South Africa
Zambia Aims to Boost Copper Production Beyond One Million Tons
Moneyweb · 2026/01/27
Summary
Zambia has confirmed its goal to increase copper production this year, aiming to exceed one million tons. The country recently reported record copper output, showing strong growth in its mining sector. Copper is a key resource for Zambia’s economy, and hitting these targets can boost revenues and create more jobs. The government’s commitment to pushing production higher signals confidence in the mining industry and ongoing efforts to improve infrastructure and investment conditions. This positive outlook is important as global demand for copper remains high, driven by its use in electronics, construction, and renewable energy projects. By increasing production, Zambia hopes to strengthen its position as one of the world's leading copper producers.
OnABudget takeaway: For consumers and investors, Zambia’s rising copper production can lead to more stable prices and expanded economic opportunities. Small businesses related to mining and export may also see growth from increased activity in this sector.