Governance and Development Advocates Zambia (GODAZA) has hailed Sino-Metals Leach Zambia for its plans to invest approximately US$200 million in the Samba mine project.
According to Sino-Metals Leach Zambia, the project is scheduled to start construction in 2025 and be operational by the end of 2027, with an estimated investment of around $200 million.
Once completed, the project is estimated to hold a resource of 291,000 tons of copper and will process 1.5 million tons of ore annually, significantly boosting the company’s copper concentrate output.
GODAZA Executive Director, Elias Mulenga noted that Sino Metals has become a vital contributor to the economic life of Kalulushi District, on the Copperbelt Province, serving as a major employer in the region.
Mr. Mulenga highlighted that the company has already created over 2,000 jobs for local residents, thereby enhancing employment opportunities and contributing to regional economic growth.
“Sino Metals has so far paid US$200 million in taxes to the Zambian government, generating substantial revenue for the country.”
“The company has paid K14 million in compensation to 507 farmers affected by pollution, demonstrating its commitment to environmental accountability,” Mr. Mulenga stated.
He also pointed out that Sino Metals has also donated more than US$300,000 to support local communities and advance educational development.
Mr. Mulenga observed that the company’s operations have had a significant positive impact on the development of the Copperbelt Province, particularly in Kitwe and Kalulushi, where its presence is most active.
He called on the relevant authorities to ensure that the interests of the people of the Copperbelt Province are safeguarded amid global geopolitical uncertainties.
“The company has been a beacon of development in the region, and its contributions to the local economy and communities should not be taken away due to factors beyond the control of the Zambian people,” he said.
He further urged the government to take proactive steps to secure the gains made through Sino Metals’ investments.
“The Government must protect the investments made by Sino Metals in the province and ensure that the company can continue to operate in a stable and predictable environment,” Mr. Mulenga added.