# 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.

- Type: New facility
- Announced: 2024-10-16
- Where: Copperbelt province, Zambia
- Value: $30.0M
- Starts operating: 16 Oct 2024
- Status: completed
- Capacity: 40 million tons per year
- Products: compound liner plates, durable mining gear parts
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Naipu Mining Machinery and New Materials](https://endata.com/companies/80477.md)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/naipus-shares-rise-after-chinese-mining-gear-makers-zambia-plan-goes-live), 2024-10-17: "The plant's first phase, which began construction in 2022 and had a total investment of USD30 million, became operational yesterday."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
