Zambia’s government is close to finding a private investor for Mopani Copper Mines in order to ramp up production at the mine, one of the biggest in the country, President Hakainde Hichilema said on Monday. Reuters reports that Zambia took on $1.5 billion in debt to buy Mopani from Glencore in January 2021 and has been looking ever since for a new investor for the mine, which needs significant investment to increase output. The president also denied reports that Zambia planned to hand back Konkola Copper Mines to India’s Vedanta Resources from whom the previous government bought the mine in 2019, appointing a provisional liquidator to manage it.