KCM copper production drops by 14%
An official report has confirmed that Konkola […]
An official report has confirmed that Konkola Copper Mines (KCM) experienced a 14 percent drop in copper production during the first five months of 2026. KCM, jointly owned by Vedanta Resources (holding a 79.4% majority stake) and Zambia Consolidated Copper Mines Investment Holdings (ZCCM-IH, holding a 20.6% minority stake), saw production fall from over 34,300 metric tonnes in the same period of 2025 to approximately 29,600 metric tonnes this year from January to May 2026.
According to the official 2026 copper production report, KCM’s production fell from over 34,300 metric tonnes in 2025 to approximately 29,600 metric tonnes in 2026, representing a 14% yearon-year decline.
Speaking in an exclusive interview with the Zambian Business Times – ZBT, a source whose names have been withheld said KCM reported 14 percent decrease in copper production may affect the country’s copper production target if left unattended to.
A source whose details have been withheld told the Zambian Business Times (ZBT) that if the 14% decline in production is not addressed, it could adversely affect Zambia’s overall copper production targets for the year.
Repeated attempts to obtain comment from KCM PLC’s Chief Corporate Affairs Officer, Dr. John Kunda, were unsuccessful as of press time. However, another KCM official reached by ZBT requested that a press query which had been sent by press time pending response.
Article by ZBT Analyst
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