KONKOLA COPPER MINES PLC
The bold decision was made to go below with the objective of expanding the production of copper ore at the Konkola mine
Following $ 3 billion of investment by its majority shareholder , Vedanta and from internal resources , Konkola Copper Mines plc ( KCM ) wants to extend profitable operation for at least half a century : CEO Steven Din tells us how
Zambia has been heavily dependent on copper for decades , and its Copperbelt is probably still the best-known deposit . Today the country is internationally recognised as a premier producer of this product , and is ranked as the world ’ s eighth lar gest producer of copper . One of the largest mining operations in the country is the Konkola Copper Mines plc ( KCM ). Indeed KCM is the largest integrated copper producer in Zambia . It is a subsidiary of Vedanta Resources , a company with its roots in India , though now headquartered in London where it is listed on the LSE .
KCM produces finished copper in cathode form which is then sold on the London Metal Exchange ( LME ). “ That is what differentiates us ” explained
40 October 2015