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DRC and Zambia listed among countries that hold most of the world’s copper

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DRC and Zambia listed among countries that hold most of the world’s copper

The Democratic Republic of the Congo (DRC) and Zambia are significantly bolstering Africa's standing in the global copper market, driven by increasing demand for the metal. The DRC has emerged as one of the top four countries globally for copper reserves and is expanding its influence through new industrial partnerships, such as a deal involving state miner Gécamines. Zambia is also strengthening its position as a key producer, aiming to exceed one million tonnes of copper by 2026 and triple its output to three million tonnes by 2031, supported by efforts to attract international investment. Both nations are critical to future supply, anchoring production along the resource-rich Central African Copperbelt. Globally, copper reserves are highly concentrated, with Chile leading. Copper's role is evolving beyond construction to become crucial for electric vehicles, renewable energy, and AI infrastructure, leading to sharply rising demand. However, extraction is becoming more challenging, raising concerns about future supply constraints.

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https://africa.businessinsider.com/local/markets/drc-and-zambia-listed-among-countries-that-hold-most-of-the-worlds-copper/m4z8mbb

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