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UAE’s IRH plans bid for stake in Zambia’s Lubambe copper mine -March 28, 2024 at 05:23 am EDT

Newsdesk by Newsdesk
March 28, 2024
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JOHANNESBURG (Reuters) – International Resources Holding (IRH), a unit of Abu Dhabi’s International Holding Company, said it intends to bid for a stake in Lubambe Copper Mine in Zambia.

IRH, which recently bought a 51% stake in Zambia’s Mopani Copper Mines, told Reuters the deal has unlocked potential for more opportunities to grow in Africa’s second largest copper producer.

A unit of Abu Dhabi’s most valuable company, IRH is interested in buying an 80% stake in Lubambe held by EMR Capital, even after a Chinese firm JCHX Mining, agreed…



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