The Democratic Republic of Congo (DRC) has exported its first truckloads of copper concentrates from Kamoa-Kakula copper mine.
The mine’s copper concentrates for export is packed in bags, with each bag containing about 2t of concentrates. The bags will be independently weighed, sampled and sealed in the presence of representatives from the DRC’s Directorate General of Customs and Excise (DGDA), then loaded on to transport trucks.
Output from the mine
All output from the mine’s first-phase project will be sold through Citic Metal and China’s Zijin Mining, according to an agreement signed in early June. The mine is a joint venture of Ivanhoe and Zijin each owing 39.6%, the DRC government holding 20% and Crystal River Global owing the remaining 0.8%.
The cargoes will be shipped out of the DRC and to South Africa’s Durban. The first phase of Kamoa-Kakula started on 25 May. Its output is expected to reach 80,000-95,000t this year with first production of copper concentrates being delivered to the DRC’s Lualaba Copper Smelter to process into blister copper and then being exported.
“As Kamoa-Kakula’s phase 1 concentrator plant ramps up toward steady state production, the mine now is producing more concentrate than the nearby Lualaba Copper Smelter can process,” said Ivanhoe president Marna Cloete.