Zambia’s Proposed Mining Policy Faces Criticism from Industry Stakeholders

• Zambia Chamber of Mines warns that proposed reforms could deter future mining investments
• Government aims to increase state stake in new mines and boost copper output to 3 million tonnes by 2031

Lusaka, Zambia – Zambia’s new proposed mining policy shifts have drawn criticism from the Zambia Chamber of Mines (ZCM), a membership-based organisation representing the country’s mining investors. The government’s ongoing reforms, aimed at increasing local benefits, include the establishment of a Mineral Regulations Authority and the implementation of a national copper production strategy, targeting 3 million tonnes annually by 2031. Additionally, the National Critical Minerals Strategy will span from 2024 to 2028.