ArmInfo. One of the important areas of corporate responsibility at the Zangezur Copper and Molybdenum Plant (ZCMC) is supporting education and professional development. The company consistently supports educational institutions and programs, and facilitates the implementation of educational initiatives.
The company places particular importance on initiatives that allow students not only to gain theoretical knowledge but also to develop practical skills, become familiar with the specifics of the business environment, and apply their acquired knowledge to solving real-world problems.
As ZCMC's press service told ArmInfo, one example of this approach is the CASE KEY educational program. What makes this program unique is that participants work on real-world problems and challenges, proposing their own solutions. This format allows students to gain a closer understanding of business processes and develop analytical thinking, teamwork, and decision-making skills.
At this stage, program participants have already received their assignments. They must propose their own projects for expanding ZCMC production capacity within the established deadline. A jury will select the most environmentally and economically effective option from all submitted proposals.
Upon completion of the program, its results will be summarized through a competitive process, allowing for an assessment of the effectiveness and practical applicability of the participants' proposed solutions.
For ZCMC, supporting educational programs is not a one-time initiative. The company places great importance on strengthening the link between education and labor market needs, focusing on increasing interest in and demand for professions in the mining industry. In this context, initiatives that promote career guidance for young people, develop their knowledge, and expand future professional opportunities are crucial. Sponsoring the CASE KEY program is another step in this direction.ZCMC considers educational project formats that engage students in active work, encourage independent thinking and initiative, and enable them to connect knowledge gained in an educational environment with real-world business challenges important, the statement reads.
The company also noted that ZCMC will continue to support educational initiatives, promoting the development of high-quality education, building professional potential, and, in particular, strengthening the competencies necessary for the mining industry.
Zangezur Copper and Molybdenum Combine (ZCMC) CJSC is the largest mining company in Armenia. The plant operates the Kajaran copper-molybdenum deposit. The plant's ore supply is approximately 150 years. The plant produces molybdenum and copper concentrates. Molybdenum concentrate contains 50% molybdenum, and the copper content in the copper concentrate is at least 15%. The company's annual production volume is approximately 22 million tons of ore.ZCMC accounts for approximately 3.8% of global molybdenum production. The company places great emphasis on sustainable development. It is the only processing company in Armenia operating under an ESG (environment, social issues, and corporate governance) program that complies with international practices.ZCMC places great emphasis on ESG principles and strives to set a role model for other companies. CaseKey is a six-month development program and entrepreneurial competition for students aged 16-24, with the aim of developing their analytical and innovative thinking and problem-solving skills.
