From GlobeNewswire: 2025-06-09 16:48:00

Terra Metals Inc. and Lunda Resources Ltd. achieved a major breakthrough at the Kalaba Copper Project in Zambia, with flotation recoveries exceeding 96.5% and concentrate grades of 26.91% Cu. The project is positioned as one of Africa’s lowest-cost green copper producers, with plans for a 5 MW solar facility to expand to 100 MW.

The company has obtained full environmental clearance and plans to become Zambia’s first large-scale producer of green critical metals, powered by solar energy. Terra Metals acknowledges the support of local leaders in advancing the Kalaba Project with integrity. Additionally, the company holds a large-scale exploration license near the DRC Copperbelt.

Chairman Mumena Mushinge declared the success of the project as proof that Zambia can lead in responsible, solar-powered production of critical minerals. Next milestones include the release of an NI 43-101 report, concentrator commissioning, solar expansion, and phase 2 exploration. Terra Metals is committed to sustainability and innovation in mineral development.



Read more at GlobeNewswire: Terra Metals Inc. and Lunda Resources Confirm 96.5% Copper