Jurisdictions

ZAMBIA

Zambia stands out as a premier investment destination, offering a stable political environment, rich natural resources, and a strong commitment to economic growth. As Firering expands its footprint in Africa, Zambia presents a compelling opportunity for strategic mineral development.

Political Stability and Economic Growth

Zambia’s long-standing commitment to democracy and good governance makes it an attractive destination for investors seeking long-term stability. With a government focused on economic reforms and investor-friendly policies, the country continues to build confidence among global stakeholders.

Abundant Natural Resources

Zambia is renowned for its vast mineral wealth, making it a key player in the global mining industry. The country’s resource-rich landscape provides immense opportunities for exploration and development, particularly in strategic minerals essential for the global energy transition.

Leading Copper Producer with Growth Potential

As the world’s seventh-largest copper producer, Zambia’s mining sector is a cornerstone of its economy, generating approximately 70% of export earnings. The government has set an ambitious target to boost copper output to 3 million metric tons (Mt) by 2031, which could position Zambia as the world’s second-largest producer. This growth will create increased demand for quicklime.

Prime Location and Infrastructure Developments

Strategically located in Southern Africa, Zambia offers seamless access to regional markets and major trade routes. The development of the new Lobito railway corridor is set to revolutionise the export of strategic minerals, ensuring efficient and cost-effective access to global markets. This enhanced connectivity will further solidify Zambia’s role as a major mining hub.

A Growing and Skilled Workforce

With a young and expanding population, Zambia provides a substantial workforce for the mining and industrial sectors. The availability of skilled labour, coupled with government initiatives to enhance vocational training, ensures a steady pipeline of talent to support mining operations.