CopperTech is a holding company that operates Konkola Copper Mines (KCM), an integrated copper and cobalt producer in Zambia. KCM manages a full production chain including underground and open-pit mines, concentrators, a smelter, a tailings leach plant, and a refinery. The company primarily produces LME Grade A copper cathodes and anodes, with cobalt recovered as a byproduct. KCM’s business model relies on vertical integration, allowing it to control the entire process from ore extraction to finished metal. The company benefits from high-grade ore reserves that exceed global averages. CopperTech is currently executing a capital program to scale production. This strategy centers on deepening the Konkola underground mine and constructing a new leaching plant to process tailings resources. While open-pit mining is winding down, the company is focusing on its processing infrastructure. To support its smelting operations, KCM blends its own concentrate with material purchased from third-party mines. The company sells its products to commodity traders and industrial customers under short-term agreements but is seeking long-term contracts with Western end-users to position itself as a responsibly sourced supplier. Operations face significant technical challenges, including extreme groundwater management requirements as mines deepen. The business currently relies on parent company support to fund operations and capital projects.