[ZCCM-IH has 20.6% shareholding in KCM]
Konkola Copper Mines Plc
ZCCM-IH owns 20.6% of Konkola Copper Mines Plc (KCM) and the other 79.4% is owned by Vedanta Resources. KCM is one of Zambia’s major integrated copper producing companies. It is primarily engaged in the exploration for, mining, production and sale of copper and copper by-products. KCM aims to be a world class Copper Mining and Metals company and has therefore adopted a growth and efficiency strategy. Since 2008, over $2.5bn has been invested to upgrade equipment, build new facilities and expand capacity. These investments have increased reserves & resources and increased the life of the mines.