IRH acquires Mopani Copper Mines in Zambia

International Resources Holding (IRH) is delighted to formally declare the…


International Resources Holding (IRH) is delighted to formally declare the successful completion of its acquisition of Mopani Copper Mines in Zambia. This momentous occasion was celebrated with a commemorative event held in Kitwe, graced by the esteemed presence of President Hakainde Hichilema. The conclusion of this acquisition underscores IRH’s steadfast commitment to expanding its footprint in the global mining sector. Situated in the heart of Zambia’s copper-rich region, Mopani Copper Mines epitomizes IRH’s strategic focus on investing in premium mining assets that adhere to sustainable and economically beneficial practices. This substantial investment underscores IRH’s dedication to making meaningful economic contributions, including job creation, workforce stability, and broader business opportunities within Zambia’s mining industry.

Syed Basar Shueb, CEO of International Holding Company, conveyed his excitement regarding the new partnership: “We are thrilled to announce the formal integration of Mopani Copper Mines into our portfolio. This venture represents a pivotal component of our strategic vision to nurture and expand high-value assets while leveraging our expertise to champion responsible and sustainable resource management.” Ali Rashdi, CEO of International Resources Holding, echoed this sentiment, stating, “Today marks a significant milestone as we celebrate a landmark collaboration with Mopani Copper Mines. This acquisition signifies a defining moment in our strategic trajectory within the mining sector, emphasizing our unwavering dedication to innovation, environmentally conscious practices, and collaborative advancement.”

The integration of Mopani Copper Mines will build upon a legacy of mining excellence, underpinned by a committed and skilled workforce. IRH is steadfast in its commitment to upholding this legacy, fostering a culture of ingenuity, operational efficiency, and responsible governance.

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With the conclusion of the acquisition process, IRH and Mopani Copper Mines are poised to embark on a promising period of growth and positive transformation in Zambia’s mining industry. Their combined efforts are anticipated to yield a tangible and sustainable impact on the sector and the communities it serves.

International Resources Holding (IRH) is a dynamic player in the natural resources extraction sector, boasting a portfolio that encompasses a variety of metals and minerals. Engaging in the full spectrum of the mining value chain, IRH oversees operations spanning upstream, midstream, and downstream processes. The company prioritizes the highest safety standards for both its personnel and operations and is committed to generating value within the countries and communities it partners with. This commitment is demonstrated through responsible mining practices, social investments, and a dedication to ecosystem sustainability. Presently, IRH maintains operations or prospects across several countries, including Angola, Burundi, the Democratic Republic of Congo, South Africa, Tanzania, Zambia, and Zimbabwe.

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