IDC and Rong Xing Investments Sign Letter of Intent on Mining Development

IDC and Rong Xing representatives sign the letter of intent at a conference table.

The Industrial Development Corporation (IDC) has signed a strategic letter of intent with Rong Xing Investments, the Zambian subsidiary of China’s Jin Xung Resources, to jointly develop upstream mining projects and expand local copper processing in Zambia. The partnership is pitched as a direct contribution to Zambia’s Grow Zambia target of producing 3 million metric […]