China's mining firm launches production work at new project in Zambia

    Source: Xinhua| 2018-08-23 02:57:13|Editor: Liangyu
    Video PlayerClose

    ZAMBIA-CHAMBISHI-MINING FIRM-CHINA-PRODUCTION WORK

    Zambian President Edgar Lungu (C) cuts the ribbon during the Production Commencement Ceremony of the South East Ore Body (SEOB), Nonferrous China Africa (NFCA) in Zambia's Chambishi town on Aug. 22, 2018. Chinese mining firm NFCA on Wednesday launched production work for its greenfield project in Chambishi town on the Copperbelt Province with Zambian President Edgar Lungu hailing it as an example of serious investment. (Xinhua/Vincent Chen)

    CHAMBISHI, Zambia, Aug. 22 (Xinhua) -- Chinese mining firm Nonferrous China Africa (NFCA) on Wednesday launched production work for its greenfield project in Chambishi town on the Copperbelt Province with Zambian President Edgar Lungu hailing it as an example of serious investment.

    The South East Ore Body is the latest project of the Chinese firm since its acquisition of Chambishi Mine 20 years ago. About 870 million U.S. dollars has been invested in the new project.

    "This project is an affirmation of the seriousness that Nonferrous China Africa attaches to investing in our country. It is also a signal that Zambia's investment climate is conducive for the mining industry," the Zambian leader said at the commissioning of the project.

    The Zambian leader commended the Chinese firm for its resilience in ensuring that the project comes to fruition despite the country going through turmoil following depressed copper prices on the international market and an energy crisis the country faced.

    The coming on board of South East Ore Body will make up for the decline in production in other operations due to depletion of resources or other challenges being faced, he added.

    The commencement of mining, he said, was significant to the local people in the town as the new project was expected to boost the mine's life span by about 24 years, adding that the extension of operations implies more business opportunities for the local people.

    He further commended the Chinese firm for reviving mining operations in the town following its acquisition of Chambeshi Mine which had been on care and maintenance.

    Li Jie, Chinese Ambassador to Zambia, said the development of the new project was significant not only for the mining firm but the country's mining industry as well as practical cooperation between the two countries.

    The Chinese envoy said the firm has invested 1.17 billion U.S. dollars since resumption of operations of Chambishi Mine, adding that the new project was the third body built by the firm.

    He further said Zambia was now being considered as a conducive environment destination in Africa for Chinese enterprises because of its stable political situation, among other things.

    Wang Tongzhou, Chairman of China Nonferrous Metal Mining (Group), the parent company, said Zambia was the most critical area for its overseas investment.

    The firm, he said, has 14 subsidiaries in the southern African nation which have invested in three mines, three smelters and an economic facility zone.

    He further commended the Zambian government for its unwavering support to the company's investment in the last 20 years, adding that more than 5, 000 jobs will be created at the new project.

    According to him, the China-Zambia cooperation was an ongoing process which will never stop and that the forthcoming Forum on China-Africa Cooperation (FOCAC) summit next month will open a new chapter for closer ties.

    KEY WORDS: Zambia
    EXPLORE XINHUANET
    010020070750000000000000011100001374110951
    主站蜘蛛池模板: 欧美激情性xxxxx| 黑人巨大videos极度另类| 日日噜狠狠噜天天噜av| 亚洲精品二三区伊人久久| 西西www人体高清视频在线观看| 国内精品久久久久久无码不卡| 中文字幕精品一区二区精品| 欧美交换乱理伦片120秒| 别急慢慢来在线观看 | 欧美人猛交日本人xxx| 免费视频成人片在线观看| 韩国二级毛片免费播放| 国产精品自产拍高潮在线观看| 一本加勒比HEZYO无码专区| 日韩中文字幕在线观看| 亚洲欧洲自拍拍偷午夜色| 精品国产v无码大片在线观看 | 一区二区三区在线播放| 日本成人免费在线| 亚洲一区二区三区偷拍女厕| 熟妇女人妻丰满少妇中文字幕| 四虎最新免费观看网址| 成年人在线看片| 国产综合精品一区二区三区| www.久久.com| 我和岳乱妇三级高清电影| 久久精品无码一区二区无码| 欧美日本一道高清免费3区| 免费一级乱子伦片| 老师在办公室疯狂的肉我| 国产日韩一区二区三区在线播放| 97色偷偷色噜噜狠狠爱网站97| 小雪老师又嫩又紧的| 久久久久亚洲av无码专区| 最近在线中文字幕电影资源| 亚洲成人网在线| 狠狠97人人婷婷五月| 北美伦理电线在2019| 蜜桃臀无码内射一区二区三区| 国产极品白嫩精品| 2021乱理片宅它网|