LCM Will Spend US$200 Million to Open New Zambian Copper, Cobalt Mine

Southern Times reported that miner LCM plans $200 million in spending to open a copper-cobalt mine in Zambia.

The market news is quoted as saying:

Milyashi, billed among copper-rich Zambia’s best deposits, could produce up to 80,000 tonnes of finished copper and 3,500 tonnes of cobalt annually. At this rate, it would have a 10 year lifespan.

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