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Significance Large quantities of the critical minerals needed for the green transition are found in Central Africa and this has spurred a boom in mining and infrastructure, of which the government wants to take advantage. Impacts The relationship between the new state investment firm and Zambia’s existing state-owned mining company is unclear and could cause friction. Crippling power shortages will limit capacity to expand domestic mineral processing. Requirements for new mines to use Zambian suppliers for one-third of their procurement needs could boost linkages with the wider economy.
A Fri, study studied this question.