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MEI Online: Commodities: Non-Metallic Ores: Calcium Carbonate: Latest News: Ocober 24th 2005

 
 

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:: Lafarge Unit to Build $100m Zambia Cement Plant

Lafarge, the world's biggest cement producer, will build a $100 million plant in Zambia to meet growing demand for infrastructure by new copper mines, the head of its Zambia unit said on Tuesday.

Ian Coulter, managing director of Lafarge subsidiary Chilanga Cement Plc, said the new plant would have a capacity of 750,000 tonnes of cement coming on stream in 2008.

Chilanga Cement will also export to the Democratic Republic of the Congo and Burundi and supply cement for the construction of new power stations in Zambia itself, Coulter told Reuters. "Total investment is estimated (in) excess of $100 million over the project period, and various finance options are being looked at," Coulter said, adding that a successful feasibility study had been completed and that Chilanga Cement was now awaiting formal approval from the board of Lafarge in France after getting a go-ahead from management.

 

 

   

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