Shera Energy Limited has acquired a copper cathode facility in Zambia through Shera Zambia Limited, marking a pivotal step in global expansion. Producing 99.99% pure copper, the plant supports backward integration, cost efficiency, and strategic growth. Shera plans to expand capacity, boosting resilience and international presence across new product verticals.
Shera Energy Limited, a leading producer of winding wires and non-ferrous metal strips, has made a decisive move toward global expansion with the acquisition of an operational copper cathode manufacturing facility in Zambia. This development was completed through its foreign material subsidiary, Shera Zambia Limited, and reflects a strategic effort to enhance the company's international presence and secure a stable supply of key raw materials.
Situated in Zambia’s Copperbelt region, close to the mineral-rich Democratic Republic of Congo, the acquired facility is well-positioned to tap into local copper oxide ore reserves. The plant is designed to produce high-purity copper cathodes with a 99.99% purity level, which will be instrumental in reducing Shera Energy’s procurement expenses and improving production efficiency. Initially, the plant will have a production capacity of 1,200 metric tonnes per annum for the fiscal year 2025–26, with plans underway to increase output to 5,000 metric tonnes in subsequent years.
This acquisition is a part of Shera Energy’s broader backward integration strategy, which seeks to protect its operations from market volatility in raw material prices and ensure long-term sustainability. By controlling the production of a vital raw material such as copper cathodes, Shera aims to strengthen its supply chain and achieve higher profit margins.
Naseem Shaikh, Chairman and Managing Director of Shera Energy, emphasized the importance of this development, describing it as a cornerstone of the company’s global journey. “This strategic acquisition enables us to secure direct access to premium-quality copper cathodes, significantly enhancing the resilience and cost-effectiveness of our supply chain,” he said. He further noted that while the Zambian operations would begin on a capital-light model, they are expected to deliver meaningful returns. Additionally, these operations will support both domestic growth and international expansion, particularly as Shera ventures into new product segments such as cables and conductors.
Shera Energy has also expressed its intention to explore further investments in Shera Zambia Limited to boost manufacturing capabilities and strengthen its footprint in the international market. This aligns with the company’s long-term strategy of maintaining a consistent and sustainable raw material supply to fuel its growing operations across the globe.
By establishing a presence in Zambia, Shera Energy not only deepens its global integration but also positions itself as a forward-thinking enterprise focused on cost optimization, operational efficiency, and strategic global growth.
