Baoming Tech Develops HVLP4/5 Copper Foil for AI Servers, Awaits Client Verification

Mining operators across Zambia are formalizing their policy demands ahead of the upcoming national elections, calling on the government to strengthen incentives for local mineral processing, greenfield exploration, and power generation expansion. Industry leaders emphasize that these measures are vital to achieving the national benchmark of tripling annual copper output to 3 million tonnes. This push coincides with a tight physical market, where surging demand for critical metals in electric vehicles, power networks, and construction has driven benchmark copper futures up over 40% in the past year to $14,000 per tonne. Fiscal stabilization and closer engagement with miners have already drawn over $10 billion in committed investment to Zambia since the 2021 election. However, expanding long-term output hinges on resolving critical infrastructure bottlenecks. According to the Zambia Chamber of Mines, maintaining a robust exploration pipeline via greenfield spending and licensing reforms is essential to secure real industry growth. Meanwhile, unintegrated producers continue to advocate for export duty relief on copper concentrates. Industry executives estimate that Zambia needs at least 2,000 megawatts of additional generation capacity to prevent severe power shortages from capping planned mine expansions. Because mining remains the country's economic backbone, contributing 9% of GDP, 72% of export earnings, and nearly half of government revenue, analysts expect general policy continuity for foreign direct investment following the polls.

[Deep Seismic Risks Emerge, Codelco Suspends Andes Norte Expansion Project at El Teniente Copper Mine] Codelco temporarily suspended development and construction activities at the Andes Norte project of the El Teniente copper mine due to potential new-type seismic risks emerging in deep areas, while other production areas of the mine remain in operation. The company will further strengthen seismic monitoring and technical assessment and has not yet announced a resumption time. Andes Norte is an important project for the deep resource succession of El Teniente. This suspension may increase uncertainty over the mine’s medium and long-term production recovery and the commissioning of deep projects.