
[miningmx.com] – ZAMBIA’S demand for electricity will double in five years, said Bloomberg News citing the Copperbelt Energy Corporation which bases its forecast on planned copper mine expansions.
“Demand is being driven by new investments in copper mining and smelting,’ Michael Tarney told Bloomberg News. “They are all expanding and some are sinking new shafts and this means we have to find more power.’
Demand from the country’s Copperbelt and North West regions will rise to 1,550 megawatts by 2019 from 900 megawatts now owing to planned expansions by First Quantum Minerals and Glencore Xstrata.
Click here to read the full article