China Nerin Engineering Co., Ltd. ("China Nerin") signs a contract to build a tailings leach plant in Zambia with Konkola Copper Mines Plc (KCM).

The collaboration fully leverages Zambia's abundant mineral resource endowment, KCM's growth strategy, and China Nerin's profound accumulation in executing big overseas non-ferrous metal projects, laying the solid foundation for high-end construction and commissioning of the Project.

Mr. Wu Runhua, Chairman and President of China Nerin, stated “China Nerin is pleased to partner with KCM on this important project. With our decades of service advantages in the global mining and metallurgical sectors and extensive experience in executing overseas large-scale project, China Nerin will make every effort to ensure efficient construction, smooth commissioning and stable operation of the Project.”

Mr. Satish Kumar, Deputy Chief Executive Officer, KCM said “KCM is proud to contribute to Zambia’s national vision of producing 3 million tons of copper annually. With Vedanta’s renewed investment and commitment, and the rich engineering implementation capabilities of our partner China NERIN, this project marks a major milestone in our growth journey and empowers green and sustainable development for Zambia's mining industry and local economy.”

The signing of the Project marks a solid step forward in China Nerin's international growth strategy, further demonstrates the Company's integrated service capabilities in overseas project construction and implementation, and continuously enhances China Nerin's international brand influence and industry competitiveness.

In the future, China Nerin will fully utilize its comprehensive advantages to coordinate and advance project implementation, ensure the contract performance in an efficient way, continue to cultivate the African market, share the win-win opportunities with local governments and partners, and contribute China Nerin's capacity and capabilities in building a future Zambia-China community.