ZCCM-IH Executive Team Visits CNMC Africa for Inspection and Exchange
21 Feb 2022

On February 16, Zambia time, Mr. Mabvuto, General Manager of ZCCM Investments Holdings Plc (ZCCM-IH), and his delegation visited Non-ferrous Corporation Africa Mining PLC (NFC Africa) for an inspection and exchange. They conveyed the Zambian government's policy of supporting the development of the copper industry and expressed their willingness to further enhance close cooperation with NFC Africa and jointly promote the implementation of the new Zambian government's blueprint of "achieving 3 million tons of copper production". NFC Africa Chairman Xu Helin and General Manager Li Zhanyan warmly received the ZCCM-IH executive team, and Deputy General Manager Zhang Bing accompanied the inspection and exchange.

Chairman Xu Helin first congratulated Ms. Dolika on her appointment as Chairwoman of ZCCM-IH and extended his warmest welcome to the ZCCM-IH executive team for their visit to NFC Africa for an inspection and exchange. He also briefly introduced NFC Africa's production and operation overview in 2021 and its development and construction plan for 2022.

During the exchange, General Manager Li Zhanyan and others gave a detailed introduction to the ZCCM-IH executive team on the unremitting efforts and progress made by NFC Africa in building "a technically innovative mine, a green and environmentally friendly mine, and a harmoniously developed mine". Adhering to the concept of "China-Zambia cooperation and common development", NFC Africa insists on legal and compliant operation, actively integrates into Zambia's economic, cultural and social development, and vigorously promotes the process of "localization". The company is making all efforts in the construction of "a digital mine", adopting advanced mining and beneficiation processes, applying the world's most advanced automated equipment to improve work efficiency and realize real-time sharing of process control data, and striving to improve the level of "intrinsic safety of things". From mine design to project construction, the company always adheres to environmental protection and green development, and adopts the method of "subsequent backfill mining in empty space" to minimize the impact on the environment. The company always adheres to the principle of "cooperation, mutual benefit and win-win", continuously advocates the process of supply chain "localization", promotes local employment, actively fulfills its social responsibilities, participates in public welfare activities, and benefits the local people.

Xu Helin said that while accelerating the high-quality development of the enterprise and creating value for shareholders, NFC Africa will focus on implementing the "Nine Programs of China-Africa Cooperation", better fulfill corporate social responsibility, be a messenger of "China-Zambia all-weather friendship", and better serve Zambia's social and economic development.

The ZCCM-IH executive team also visited NFC Africa's southeast ore body production control center, employee mine skills training school and safety warning education center. Journalists from Zambia's ZNBC TV, Times of Zambia, Zambia Daily Mail and other media accompanied the visit.

NFC Africa is a subsidiary of China Nonferrous Mining Corporation Limited (HK.1258) in Zambia. It was jointly invested and established by China Nonferrous Metal Mining (Group) Co., Ltd. and ZCCM Investments Holdings Plc (ZCCM-IH) in 1998, and was listed on the Hong Kong Stock Exchange in 2012 as one of the core assets of China Nonferrous Mining Corporation Limited. At present, it mainly operates the main ore body, west ore body and southeast ore body of Chambishi Copper Mine.