Ivanhoe Mines |
Record-Breaking Production at Kamoa-Kakula
Ivanhoe Mines, a Canadian mining company, has achieved a new record in copper production at its Kamoa-Kakula complex in the Democratic Republic of Congo. In November, the complex's output reached an unprecedented 45,019 tons of copper in concentrate, surpassing the previous record of 41,800 tons set in October. This milestone underscores the increasing productivity and operational efficiency at one of the world’s largest copper mining sites.
Sustained Growth in Copper Output
Since the commencement of the Phase 3 concentrator in August, which marked its entry into commercial production, the Kamoa-Kakula complex has seen a significant uptick in production. The recent increase by 10% in November alone has propelled the annual production rate towards an estimated 550,000 tons per year. Ivanhoe Mines founder, Robert Friedland, highlighted this growth, indicating the company's trajectory towards achieving a production capacity of 600,000 tons annually.
The total copper output from January to November 2023 at the Kamoa-Kakula complex was reported at 390,061 tons, demonstrating robust year-round performance and the strategic effectiveness of the phased concentrator expansions.
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