Naipu Mining Machinery opens $30M plant in Zambia's Copperbelt province

Naipu Mining Machinery and New Materials announced that the first phase of its Zambia plant became operational on October 16, 2024. The $30 million facility produces compound liner plates and other durable mining gear parts with an annual output of 40 million tons.

“The plant's first phase, which began construction in 2022 and had a total investment of USD30 million, became operational yesterday.”yicaiglobal.com

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• yicaiglobal.comNaipu's Shares Rise After Chinese Mining Gear Maker's Zambia Plant Goes LiveTang ShihuaOct 17, 2024

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