Introduction

The first half of 2025 has been a period of sustained strategic progress for ZCCM Investments Holdings Plc, building on the solid transformation foundation established in 2024. This momentum follows the successful resolution of key operational matters and the commencement of mining activities at our two major assets, Mopani Copper Mines Plc and Konkola Copper Mines Plc.

While the Group's financial performance reflects current operational and market challenges, it also highlights the significant transformation journey underway to secure sustainable, long-term value for our shareholders. Mining is inherently a long-term endeavor, and the full benefits of our strategic initiatives will take time to materialise. Nevertheless, we are confident that the actions we have taken, and continue to take, are positioning the Group and the Company for robust and enduring growth.