Expo to boost Zambia copper industry

Engaging with visitors at CBM-TEC 2015By TINTSWALO BALOYI
JOHANNESBURG, (CAJ News) – ZAMBIA’S copper mining industry will receive a boost in May with the hosting of the Copperbelt Mining Trade Expo and Conference (CBM-TEC).

On the 12th and 13th, as Zambia’s premier networking event for international and regional companies that operate within the country’s mineral rich Copperbelt region, the expo will add real value to an industry looking for innovative solutions.

“Mining companies are fighting to preserve operations through cost cutting and optimisation initiatives,” said event director of CBM-TEC Nicole Smith.

Smith said to ensure readiness for the upward turn of the copper price and commodity demand, investment had to continue in exploration projects that would translate into viable mining operations in the future.

“CBM-TEC will provide a platform for government, industry and other stakeholders to discuss innovative solutions around these issues. The show will not only focus on the mining industry, but will also highlight related industries such as engineering and manufacturing. Power and water will also be in the spotlight at the show.”

CBM-TEC will showcase current and developing technologies, new products, equipment and machinery plus the latest systems and services, which will all help in meeting the demand for cost cutting and optimisation whilst also addressing future growth needs.
The show will take place at the Kitwe Showgrounds.

New at this year’s show is the extended outdoor space which will accommodate large equipment displays and live product demonstrations.

The new Power Pavilion will cover all aspects of power including generation, transmission and distribution, application and sustainable energy/renewables which will help mining producers solve their electricity supply issues cost effectively.

There will be an SME Village, providing an ideal location for local suppliers. Free-to-attend technical workshops will provide an excellent learning platform, with technical specialists sharing their expertise with the professional mining audience.

Industry statistics highlight the continued importance of the Copperbelt mining industry in Zambia, even though the market is currently depressed. Zambia is Africa’s second largest copper producer, and the seventh largest producer of copper in the world.

Copper is responsible for more than 70 percent of the country’s total exports. Mining accounts for 12 percent gross domestic product and 10 percent of formal employment in the country.

CAJ News

Short URL: http://cajnewsafrica.com/?p=11482

Posted by on Feb 17 2016. Filed under Africa & World, Featured, Finance, Mining, Mining & Engineering, National, News, Regional. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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