The miner expects to reach processing capacity of 140,000 metric tons a day by 2030.

The metal is poised not just as a material of historical significance but as a pivotal element in driving forward the next phase of economic and technological progress.

An extra 5.9 million oz. of gold, 3.3 billion pound of copper, 55.4 million oz. of silver and 51 million lb. of molybdenum were added.

Anglo’s production pullback has led some investors and analysts to call for more action.

Stung by disappearing profits, the country’s top industry body last week put forward a menu of options to limit oversupply.

The precious metals producer is still looking for copper assets to buy across the African copper belt.

The government will directly buy and sell a portion of the copper produced in the nation, competing with trading giants including Mercuria Energy Group and Glencore.

The miner is in the early stages of exploring for copper and cobalt in Zambia's North-Western province, according to CEO Duncan Wanblad.