Workflow
Terra Metals 与 Metalex Commodities 成立合资企业开发 Mwinilunga 铜矿
Globenewswire·2025-06-21 14:15

Group 1 - Terra Metals Limited and Metalex Commodities Inc. have formed a joint venture named Lunda Resources to develop and operate the Mwinilunga copper mine in Zambia's Northwestern Province [1][2] - The initial investment for the project is 270 million Zambian Kwacha, with a total planned investment of 2.7 billion Zambian Kwacha for comprehensive mine construction, including copper ore processing systems [1] - The mine is expected to process up to 2 million tons of ore annually, producing approximately 100,000 tons of copper concentrate, copper cement, and cobalt precipitate [1] Group 2 - The partnership is seen as a milestone for both companies and the future of Zambia's mining sector, providing resources and international influence to responsibly scale operations and create local job opportunities [2] - The joint venture aims to provide low-emission, high-impact metals to the global market while promoting inclusive economic growth in Zambia [2] - The project is highlighted as a model of responsible international cooperation, reflecting the U.S. commitment to strengthening business ties with Zambia and supporting responsible investment in critical minerals [2] Group 3 - Terra Metals Limited is a local exploration and mining company in Zambia focused on developing critical minerals sustainably for the U.S. and allied markets [3] - Metalex Commodities Inc. is a U.S.-based metal company dedicated to supplying carbon-neutral critical metals produced in Africa to the global market [4] Group 4 - The joint venture has already employed 130 Zambians and plans to create an additional 400 jobs [4] - The initiative includes integrating up to 1,000 artisanal miners into the supply chain through fair procurement mechanisms [4] - A 10-megawatt solar power generation and storage facility is being designed to reduce emissions and fuel consumption [4] - Over 4.6 million Zambian Kwacha will be invested in water and sanitation projects benefiting more than 3,000 people [4] - The companies have committed to investing 27 million Kwacha annually in community development until 2030, collaborating with local chiefs [4]