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About Us

The World’s Third Largest Copper Mine

Overview

Kamoa Copper— a joint venture between Ivanhoe Mines (39.6%), Zijin Mining Group (39.6%), Crystal River Global Limited (0.8%) and the Government of the Democratic Republic of Congo (20%) — is a very large, near-surface, flat-lying, stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 kilometres west of the town of Kolwezi and about 270 kilometres west of the provincial capital of Lubumbashi.

Copper concentrate production commenced in May 2021, with commercialization starting on July 1, 2021. Kamoa’s Phase 3 concentrator expansion completed ahead of schedule in May 2024, with first concentrate reported on June 10, 2024. Phase 3 will boost annualised production to approximately 600,000 tonnes copper. Phased expansion is projected to position Kamoa Copper as the third-largest copper mining complex globally, and the largest copper mine on the African continent.

The Kamoa-Kakula Copper Complex has one of the most favourable environmental footprints of any tier-one copper mine globally. According to Skarn Associates of London, England, Kamoa-Kakula’s operations produce among the lowest carbon emissions per tonne of copper in the world, and the lowest of any major copper mine. On a Scope 1 and 2 basis (reported from ore to mine gate), Kamoa-Kakula’s greenhouse gas emissions intensity in 2022 was 0.16 equivalent tonnes of carbon dioxide per tonne of contained copper produced (CO2-e / t Cu).

This is partially due to the high-grade orebodies of Kamoa and Kakula, which are up to ten times higher in grade than the average global copper head grade. It is also a function of the DRC grid being among the world’s cleanest, with 99.5% of grid power generated from hydroelectricity, according to the U.S. Energy Information Administration.

In addition, the high-grade, underground orebodies of Kamoa and Kakula enable a relatively small surface footprint of across the complex, with approximately 55% of the operation’s tailings pumped back into the underground mine as backfill.

Since the initial discovery of the high-grade copper deposit at Kamoa Copper in 2008, and the subsequent finding of the ultra-high-grade deposit at Kakula in 2016, Kamoa Copper has undergone significant expansion. Our operations now include Kansoko mine, Kakula South and West mines, Kamoa Copper 1 mine, phase one, phase two and newly completed phase three concentrators as well as our state-of-the-art smelter under development. Kamoa Copper has also signed an agreement to make use of the soon-to-be-upgraded Lobito railway corridor for transporting our product to further reduce our carbon footprint.

Timeline: The Evolution of Kamoa Copper

1997
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Ivanhoe Mines geologists began exploration activities in the former Katanga province in the Democratic Republic of Congo (DRC).
2008
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Landmark discovery of the high grade Kamoa Copper deposit. After discovering Kamoa Copper, we intensified our exploration efforts.
2015
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Ivanhoe Mines brought in Zijin Mining Group as partners to develop the project as a joint venture.
2016
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The discovery of the ultra-high grade Kakula deposit changed the entire landscape for Ivanhoe Mines and the DRC.
2018
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As Kamoa Copper entered its development phase, Ivanhoe Mines brought in Citic Metal as a strategic partner.
2020
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Construction activities of the Kakula phase one concentrator began.
2021
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The phase one concentrator was built and commissioned on budget and months ahead of schedule. At the same time, we began the construction of the phase two expansion, doubling the processing capacity.
2021
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In partnership with SNEL, the DRC state owned power utility, we completed the refurbishment of the Mwadingusha hydropower station, generating enough electricity to power the entire phase one and two operations.
2022
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We began commercial production at the phase two concentrator, four months ahead of schedule and ramping up in record time.
2023
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We completed a debottlenecking programme of the phase one and two concentrators, increasing production capacity.
2023
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The Kamoa Centre of Excellence, a higher education facility, is built to prepare the future leaders of the DRC’s mining industry, here opened by DRC president, Felix Tshisekedi.
2023
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We announced the maiden mineral resource estimates for the Makoko and Kiala discoveries in the Western Foreland, the world’s largets and highest grade since Kakula.
2023
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In December 2023, SNEL and Ivanhoe Mines Energy DRC, a subsidiary of Kamoa Copper SA Holding Limited, signed an amendment to the existing financing agreement to fund the identified infrastructure upgrades.
January 2024
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In January 2024, the first trial shipment of copper concentrate from Kamoa Copper arrived in Angola by rail at the Atlantic Ocean port of Lobito via the Lobito Corridor. The shorter distance to the port of Lobito, and the more efficient rail transport, significantly reduce energy consumption and help reduce Kamoa Copper's carbon footprint
2024
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The phase three concentrator expansion was completed in May 2024, ahead of schedule and within budget.