Chinese Firms Invest Over $5.1 Billion in Zambia’s Mining Sector

Chinese companies have invested over $5.1 billion in Zambia’s mining sector, creating 19,000 jobs and strengthening copper exports to China.

Zambia continues to attract significant foreign investment, with more than 45 Chinese-owned companies collectively investing over $5.1 billion into the country’s mining sector.

The investments underscore mining’s critical role in driving economic growth and strengthening Zambia’s position as a leading copper producer in Africa.

Job Creation and Export Growth

According to Jin Jun, Economic and Commercial Counsellor at the Chinese Embassy in Lusaka, these investments have generated approximately 19,000 jobs for local workers.

China remains Zambia’s largest export market for refined copper, accounting for more than 15% of total output, further highlighting the strong trade ties between the two nations.

Progress at Luanshya Copper Mine

Jin also confirmed that dewatering works at the 28 Shaft of the Luanshya Copper Mine have been successfully completed. Production at the site is expected to commence in September 2026, marking a key milestone in efforts to boost copper output.

Government Reaffirms Investor Support

Meanwhile, Situmbeko Musokotwane has reiterated the government’s commitment to maintaining a stable, transparent, and predictable business environment.

The assurance is aimed at supporting continued private sector investment and ensuring long-term growth in Zambia’s mining industry.