Mining

DRC: New Copper Concentrator Commissioned at Kamoa-Kakula Mine

DRC: New Copper Concentrator Commissioned at Kamoa-Kakula Mine
Tuesday, 11 June 2024 18:18

Kamoa-Kakula, the largest copper mine in the DRC and Africa, is expected to produce a maximum of 490,000 tonnes of concentrate in 2024. Its owners recently commissioned a new copper concentrator, aiming for an annual output of over 600,000 tonnes by 2025.

Commissioned last month, the Kamoa-Kakula project’s third copper concentrator is online. Ivanhoe Mines, which owns the project, announced on June 11.  According to the Canadian firm, the concentrator should enter commercial production in Q3 2024.

With this new processing unit, Kamoa-Kakula should become the third-largest copper mine in the world by 2025, behind the Escondida (Chile) and Grasberg (Indonesia) mines. The Congolese complex now has a production capacity of over 600,000 tonnes of copper per year, helping keep the DRC among the leaders in the sector.

Ultimately, Ivanhoe and its JV partners want to make Kamoa-Kakula the world’s second-largest copper mine, with a total production of over 800,000 tonnes. A fourth concentrator with an annual processing capacity of at least 5 million tonnes of ore is already under consideration by the mine's engineers.

Ivanhoe Mines and China's Zijin Mining each hold a 39.6% interest in Kamoa-Kakula, while the Congolese government holds a 20% stake. The complex is expected to produce between 440,000 and 490,000 tonnes of copper concentrate by 2024.

From 2021 to 2023, the DRC moved from being the fourth biggest copper producer to the second.

Emiliano Tossou

On the same topic
Tinubu orders all oil revenues paid into Federation Account NNPC barred from withholding funds, losing management fee Reform aims to boost oversight,...
AfDB, AIIB mobilize $300 million for Rwanda clean energy Program to deliver 200,000 grid links, 50,000 solar systems Initiative expected to...
First Africa edition of the HANNOVER MESSE network set for September 29–October 1, 2026 Morocco selected as gateway linking Europe, the U.S. and...
Kamoa-Kakula revenue rose 5% to $3.28 billion in 2025. Copper output fell to 388,841 tons after seismic disruption. Higher prices offset lower...
Most Read
01

Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...

Absa Kenya Imports a Telecom Playbook in Bid to Reinvent Retail Banking
02

MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...

DRC Accuses MTN of Illegal Operations, Spotlighting Border Frequency Issues
03

South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...

Three Countries Drove 70% of Africa’s M&A Deal Value in 2025
04

Safran invests €280m to build one of the world's largest landing gear plants in Morocco, crea...

Morocco: Safran Announces $305 Million Investment to Build One of the World's Largest Landing Gear Plants
05

This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...

Weekly Health Update | Africa CDC Advances Health Sovereignty Efforts
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.