Ivanhoe Mines Announces That Kamoa-Kakula Achieved a Record 45,019 Tonnes of Copper in November
Kamoa-Kakula Copper Complex achieved a record monthly production of 45,019 tonnes of copper in concentrate during November 2024. The concentrators milled 1.2 million tonnes of ore at an average feed grade of 4.58% copper. Year-to-date production through November totals 390,061 tonnes. The Phase 3 concentrator reached an 85.3% recovery rate, approaching its 86% design rate, and achieved a 90% recovery rate over 24 hours on November 26. The DRC is expected to surpass Peru as the world's second-largest copper producer in 2024, with projected production of 2.9 million tonnes.
Il complesso di rame Kamoa-Kakula ha raggiunto una produzione mensile record di 45.019 tonnellate di rame in concentrato durante novembre 2024. I concentratori hanno lavorato 1,2 milioni di tonnellate di minerale con una media di grado di alimentazione del 4,58% di rame. La produzione totale dall'inizio dell'anno fino a novembre ammonta a 390.061 tonnellate. Il concentratore della Fase 3 ha raggiunto un tasso di recupero dell'85,3%, avvicinandosi alla sua percentuale di progetto dell'86%, e ha ottenuto un tasso di recupero del 90% nell'arco di 24 ore il 26 novembre. Si prevede che la RDC superi il Perù come secondo produttore di rame al mondo nel 2024, con una produzione stimata di 2,9 milioni di tonnellate.
El complejo de cobre Kamoa-Kakula logró una producción mensual récord de 45.019 toneladas de cobre en concentrado durante noviembre de 2024. Los concentradores procesaron 1,2 millones de toneladas de mineral con una ley promedio de 4,58% de cobre. La producción acumulada hasta noviembre totaliza 390.061 toneladas. El concentrador de Fase 3 alcanzó una tasa de recuperación del 85,3%, acercándose a su tasa de diseño del 86%, y logró una tasa de recuperación del 90% durante 24 horas el 26 de noviembre. Se espera que la RDC supere a Perú como el segundo mayor productor de cobre del mundo en 2024, con una producción proyectada de 2,9 millones de toneladas.
카모아-카쿨라 구리 단지는 2024년 11월에 45,019톤의 구리를 농축하여 기록적인 월 생산량을 달성했습니다. 농축기들은 평균 4.58%의 구리 함유량으로 120만 톤의 광석을 처리했습니다. 11월까지 연간 생산량은 390,061톤에 달합니다. 3단계 농축기는 85.3%의 회수율을 기록하며 설계 목표인 86%에 가까워졌으며, 11월 26일에는 24시간 동안 90%의 회수율을 달성했습니다. 2024년에는 DRC가 페루를 넘어 세계 2위의 구리 생산국이 될 것으로 예상되며, 예상 생산량은 290만 톤입니다.
Le complexe cuprifère Kamoa-Kakula a atteint une production mensuelle record de 45 019 tonnes de cuivre en concentré en novembre 2024. Les concentrateurs ont traité 1,2 million de tonnes de minerai avec une teneur moyenne de 4,58 % de cuivre. La production à ce jour jusqu'en novembre totalise 390 061 tonnes. Le concentrateur de la phase 3 a atteint un taux de récupération de 85,3 %, se rapprochant de son taux de conception de 86 %, et a atteint un taux de récupération de 90 % sur 24 heures le 26 novembre. On s'attend à ce que la RDC dépasse le Pérou en tant que deuxième producteur de cuivre au monde en 2024, avec une production projetée de 2,9 millions de tonnes.
Der Kamoa-Kakula Kupferkomplex erzielte im November 2024 eine rekordverdächtige Monatsproduktion von 45.019 Tonnen Kupferkonzentrat. Die Konzentratoren verarbeiteten 1,2 Millionen Tonnen Erz mit einem durchschnittlichen Gehalt von 4,58% Kupfer. Die bis November erzielte Jahresproduktion beläuft sich auf insgesamt 390.061 Tonnen. Der Phasen-3-Konzentrator erreichte eine Rückgewinnungsrate von 85,3%, die sich dem Entwurfswert von 86% nähert, und erzielte am 26. November eine Rückgewinnungsrate von 90% über 24 Stunden. Es wird erwartet, dass die DRC 2024 Peru als zweitgrößten Kupferproduzenten der Welt überholen wird, mit einer prognostizierten Produktion von 2,9 Millionen Tonnen.
- Record monthly copper production of 45,019 tonnes in November 2024
- Phase 3 concentrator achieved 90% recovery rate milestone
- Annualized production rate reaching approximately 550,000 tonnes
- YTD production of 390,061 tonnes through November 2024
- Project expansion on track to reach 600,000 tonnes annual capacity
- None.
Recently ramped-up Phase 3 concentrator achieves record
Lobito Atlantic Railway receives first batch of new container wagons
Democratic Republic of the Congo is set to become World’s second-largest copper producer
Kolwezi, Democratic Republic of Congo--(Newsfile Corp. - December 3, 2024) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) Executive Co-Chairman Robert Friedland and President Marna Cloete announced today that the Phase 1, 2, and 3 concentrators at the Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo (DRC) achieved a monthly combined production record of 45,019 tonnes of copper in concentrate during the 30 days of November. The concentrators milled 1.2 million tonnes of ore at an average feed grade of
The recently ramped-up Phase 3 concentrator achieved an average recovery rate of
Watch a timeline video of project developments at Kamoa-Kakula: https://vimeo.com/1034923040/1abec638f9?share=copy
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Ivanhoe Founder and Executive Co-Chairman Robert Friedland commented:
"Kamoa-Kakula's production continues its acceleration into year-end, following the completion earlier this quarter of the ramp-up of the Phase 3 concentrator. November was another remarkable milestone with the delivery of a further
Figure 1. Kamoa-Kakula 2024 monthly copper production year-to-date
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President Biden visits Lobito Atlantic Railway port terminal as first batch of new container wagons are delivered
On December 3, 2024, President Biden is set to visit the Angolan port of Lobito, where copper from Kamoa-Kakula is loaded onto ships for export. The visit comes after an announcement on October 24, 2024, by the US International Development Finance Corporation, that approved a
In addition, as announced on November 14, 2024, by Trafigura of Geneva, Switzerland, the first batch of 275 new container wagons purchased from Galison Manufacturing of Welkom, South Africa has been delivered to Lobito, Angola.
The new container wagons, weighing 13.5 tonnes and with a load capacity of up to 60.5 tonnes, are designed to each carry one 40-foot container or two 20-foot containers. The recently delivered batch of wagons is the first in a series of weekly deliveries expected from now until 2026.
A locomotive by Wabtec, an affiliate of General Electric of Boston, Massachusetts, transporting a batch of the recently delivered container wagons, loaded with containers, at the Atlantic port of Lobito, Angola. Source: Trafigura
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DRC is set to become World’s second-largest producer of copper
According to an analysis by Benchmark Mineral Intelligence of London, England, total copper production in Peru during the 9 months to September 30, 2024, was down year-on-year by
Analysis by Benchmark estimated that in 2023, Peru produced 2.76 million tonnes of copper, whereas the DRC produced 2.70 million tonnes. Benchmark stated, “Peru will almost certainly be overtaken by the DRC to the number two spot in the global ranking of top mined copper producers in 2024. We expect the DRC to produce 2.9 million tonnes of mined copper this year.”
The direct-to-blister copper smelter is on schedule for construction completion by year-end.
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The smelter (middle of picture) is located adjacent to the Phase 1 and 2 concentrators (top left of picture) and will be fed by a blend of concentrates from existing Phase 1, 2, and 3 concentrators, as well as the future Phase 4 concentrator.
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Off-gases, which contain acid as well as waste heat, are captured from the furnace building and recycled. Captured sulphuric acid will be sold to mining operations on the DRC Copperbelt.
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About Ivanhoe Mines
Ivanhoe Mines is a Canadian mining company focused on advancing its three principal projects in Southern Africa; the expansion of the Kamoa-Kakula Copper Complex in the DRC, the ramp-up of the ultra-high-grade Kipushi zinc-copper-germanium-silver mine, also in the DRC; and, the phased development of the tier-one Platreef palladium-nickel-platinum-rhodium-copper-gold project in South Africa.
Ivanhoe Mines also is exploring across its highly prospective, 60
Information contact
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Vancouver: Matthew Keevil +1.604.558.1034
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Tanya Todd +1.604.331.9834
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FAQ
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