Feasibility study for Kazozu copper and cobalt mine expansion

The USTDA and Metalex Africa Zambia Limited have announced a Request for Proposals (RFP) for a U.S. company to conduct a feasibility study on expanding the Kazozu copper and cobalt mine in Zambia. This development project encompasses not only the mine itself but also crucial ancillary infrastructure, including power transmission, rail, and port facilities. The feasibility study represents a preliminary but vital step towards potentially unlocking significant copper and cobalt resources, both of which are critical for various industries, including renewable energy technologies and electric vehicle production. The involvement of the USTDA signals a strategic interest in promoting U.S. expertise and technology in the development of Zambia's mining sector. While the financial value of the feasibility study itself is undisclosed, the potential expansion of the Kazozu mine could represent a substantial future investment opportunity. The participation of Metalex Africa Zambia Limited, alongside the USTDA, suggests a collaborative approach to project development. The successful completion of the feasibility study could pave the way for further investment and development, potentially creating jobs and stimulating economic growth in Zambia. The project's focus on ancillary infrastructure highlights the importance of a holistic approach to resource development, ensuring efficient transportation and power supply for the mine's operations.