Zambia Consolidated Copper Mines

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Zambia Consolidated Copper Mines Ltd is a principal operator of copper mines in Zambia. The government of Zambia owns over 85% of the company's stock. The stock is listed on the Lusaka Stock Exchange, the London Stock Exchange and on Euronext in Paris. The company, ZCCM, was formed by a gradual process of nationalization and corporate concatenation which began in January 1970; the process is more completely described in the article Economy of Zambia: A major switch in the structure of Zambia's economy came with the Mulungushi Reforms of April 1968: the government declared its intention to acquire equity holdings (usually 51% or more) in a number of key foreign-owned firms, to be controlled by a parastatal conglomerate named the Industrial Development Corporation (INDECO).Industrial Development Corporation (INDECO).