ZCCM-IH has announced that it has entered into a US$30 million joint venture agreement with Wonderful Group of Companies Limited to restore industrial-scale lime and cement production in Ndola. Under the agreement, Wonderful Group will own 55 per cent of the joint venture after investing US$30 million, while ZCCM-IH will hold a 45 per cent stake through asset contributions and the write-off of US$9.8 million in historic debt. According to a statement issued by ZCCM-IH Corporate Affairs Manager Loisa Mbatha, the agreement, which became effective on May 26, 2026, will be implemented in three phases, starting with a 600-tonnes-per-day lime plant. “ZCCM Investments Holdings Plc (ZCCM-IH), Zambia’s listed mineral and energy investment holding company, today (Wednesday) announced it has entered...