Zambia Highlights Critical Mineral Prospects and Investments

The Zambia Ministry of Mines and Minerals Development released a report with the British Geological Survey outlining Zambia’s critical mineral opportunities ahead of African Mining Week 2025.

• Key minerals include copper, cobalt, manganese, nickel, graphite, lithium, rare earth elements, and columbite-tantalite, with detailed projects and production targets such as increasing copper production to 3 million tons by 2031 and manganese output to 1 million tons by 2027.
• Significant investments include a $100 million cobalt sulfate refinery led by Kobaloni Energy and backed by Vision Blue and Africa Finance Corporation, with multiple mining projects scheduled to come online between 2025 and 2027, highlighting Zambia’s strategic role in global mineral supply chains.