Consolidated Copper Corporation (CCC), the company responsible for revitalising Namibia’s sole refined copper plant, is preparing to bring its underground mines back into operation and pursue a public listing by 2025. CEO John Sisay has indicated that CCC aims to achieve an annual production capacity ranging between 30,000 and 50,000 tonnes of copper cathode and concentrate to satisfy both domestic and international demand.
CCC’s strategic initiatives include the recommissioning of the Tschudi copper plant, which resumed operations in August 2024 after a four-year hiatus. This facility, constructed in 2015, is Namibia’s only producer of London Metal Exchange (LME) Grade A copper cathode. The restart has generated over 60 new jobs for Namibians, with 75% of the refurbishment budget allocated to local suppliers.
The company has secured a US$20 million debt facility from Triangle Resource Partners, a consortium of some of CCC’s founding shareholders, to fund the plant’s restart. This financial backing underscores investor confidence in CCC’s vision to rejuvenate Namibia’s copper industry.
Beyond Tschudi, CCC is focusing on restarting its Central Operations, which encompass the Otjihase and Matchless underground mines. These mines have a combined production history exceeding 30 years and possess existing processing infrastructure. The company has identified strategies to add value through targeted exploration, improved recovery rates, and optimised mining methods.
Additionally, CCC is advancing plans to revive the Berg Aukas lead and zinc mine, which is currently in the initial phase of its restart process. With a targeted 10-year mine life and access to existing infrastructure, Berg Aukas presents significant upside potential.
CCC is dedicated to becoming a responsible producer of metals essential for clean energy, with clear objectives to minimise environmental impact and ensure the involvement of local communities and economies. The company’s approach aligns with Namibia’s legislative focus on domestic beneficiation of locally produced minerals, aiming to capture more value from mining activities within the country.
CEO John Sisay emphasised the company’s commitment to local development, stating, “We are committed to maximising local employment and education opportunities, alongside supporting social initiatives, to improve livelihoods across all our operational areas. As we grow, so too will the positive impacts for communities and the broader Namibian economy.”
By 2025, CCC intends to list on a major stock exchange to facilitate further growth and enhance access to global capital markets. The listing will be part of its broader objective to position Namibia as a critical player in the international copper and energy metals market. The success of CCC’s efforts will not only strengthen its portfolio but also bolster Namibia’s standing as a reliable and sustainable mining jurisdiction.
