Base metal exports triple in value

Thinking big: Khoemacau plans to double its output by 2026 PIC: KHOEMACAU.COM
Thinking big: Khoemacau plans to double its output by 2026 PIC: KHOEMACAU.COM

Exports of copper and nickel reached P3.9 billion last year, more than three times their level in 2021, as the industry powered back to life following years of inactivity.

According to Bank of Botswana data made available recently, the value of base metal exports progressively grew across all quarters last year, starting at P653.4 million in the first three months of the year and ending the last three at P1.2 billion.

The trend supports other data indicating that much of the performance last year was due to Khoemacau Copper Mining, which spent 2022 ramping up to its nameplate output capacity of 65,000 tonnes per annum.


Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

Have a Story? Send Us a tip
arrow up