Chibuluma Mine began production in 1955 as a self-contained unit producing copper concentrates, which were treated at the mine concentrator. However, the concentrator was closed in 1991. Chibuluma Coppers Mines Plc is currently owned 85% by Jinchuan Group Company Limited and 15% by ZCCM-Investments Holdings. After the privatization of ZCCM limited, Meterox Limited was the first foreign company to enter Zambia by acquiring Chibuluma South mine in October 1997. The Majority stake in Chibuluma passed to Jinchuan in 2011 after Jinchuan successfully acquired Meterox Limited.
Key Company Highlights