Press Release United States Ambassador visits KCM Zambia, February 26, 2015: American Ambassador to Zambia Eric Schultz has expressed satisfaction at the efforts Konkola Copper Mines (KCM) is making to extend and sustain life of mine.

Speaking when he visited for a familiarization of KCM Nchanga operations in Chingola, Ambassador Schultz said the mining industry has a lot of potential for growth and to
contribute to Zambia's economic development.
"It was amazing to learn about mining and what is involved in the mining and processing
of copper," he said following his visit.
"KCM has a very impressive facility and I have a much better understanding of what is
involved in copper mining and how capital intensive copper mining is."
Ambassador Schultz added that the mines should continue having dialogue with government for mutual benefits.
The Ambassador said although there was need for diversification of the economy, mining would remain an important sector for the growth of the Zambian economy and the U.S. Embassy would, therefore, remain committed to encouraging further expansion and growth of the sector.

He said the Government of Zambia and the mines should collaborate with one another to ensure the business environment is right for the country and mines - the "win-win" he noted that President Lungu had recently called for.
Ambassador Schultz also suggested that mining firms consider setting up small hydro generation power facilities to ensure reliable supplies and cushion power costs, noting that some American companies were currently exploring just this potential in the power generation business.

About Konkola Copper Mines Plc.

Konkola Copper Mines Plc, (KCM), one of Africa's largest integrated copper producers, is a subsidiary of Vedanta Resources Plc. a London listed global diversified natural resources company. KCM's operations include open pit and underground mines, several concentrators, a state-of-the-art smelter, and a refinery. The company is also developing the flagship Konkola Deep Mining Project (KDMP) in Chililabombwe, where the deepest mining shaft has been sunk and commissioned in Zambia. It also operates the Nampundwe pyrite mine, about 50 kilometres south west of the capital Lusaka.

KCM's primary products are Copper, Cobalt, Pyrite & Acids. KCM is one of Zambia's largest private sector employer with about 16,000 permanent and contractor employees.

For further information, please contact: Group Communications Roma Balwani Shapi Shachinda

President - Group Communications, Public Relations and Communications Manager

Sustainability and CSR Konkola Copper Mines Tel: +912266461000 Mobile +260 978 871 958 gc@vedanta.co.in

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