【SMM Flash News】Ivanhoe’s Kipushi Zinc Mine Delivers Record Quarterly Output of 70,177 Tonnes in Q2

Published: Jul 9, 2026 09:26

Save

Ivanhoe Mines reported that its Kipushi zinc mine in the Democratic Republic of Congo produced a record 70,177 tonnes of zinc in concentrate during the second quarter of 2026, representing an 8% increase from the previous quarter and the highest quarterly output since the mine resumed operations.

The company also reported second-quarter copper production of 64,328 tonnes from the Kamoa-Kakula copper complex, bringing first-half copper output to 135,745 tonnes. Ivanhoe maintained its 2026 copper production guidance of 290,000–330,000 tonnes and expects higher output in the second half of the year as mining rates increase and inventories are drawn down. The company further noted that sulphuric acid prices remain exceptionally strong, with July contracts priced at approximately US$840 per tonne, a record level.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

South China Zinc Smelter Resumes After Maintenance

According to SMM, a zinc smelter in South China resumed production after maintenance this week, producing about 150 mt of zinc ingots per day.

Common.Time.minsAgo

1 hour ago

【SMM Flash】District-Wide Germanium Enrichment at New York Zinc Mine, Potentially Adding US$78 Million in Annual Revenue

Titan Mining has reported district-wide germanium enrichment across its Empire State Mines (ESM) zinc operation in New York, highlighting a potentially significant by-product opportunity within the Balmat-Edwards zinc system. Reconnaissance sampling from multiple underground ore bodies and historic tailings facilities confirmed elevated germanium values throughout the district, with assays reaching 85.6 ppm Ge at the Mud Pond Main zone and 49.7 ppm Ge at the New Fold zone. Historic tailings samples returned grades ranging from 18.1 ppm to 44.7 ppm Ge. The company is currently working with Teck Resources’ Trail Operations to evaluate germanium recovery from existing processing streams. Preliminary testing indicates that germanium grades increase from approximately 21 g/t in plant feed to around 77 g/t in certain pre-flotation streams, suggesting natural concentration within the milling circuit. Titan estimates a potential annual germanium production of approximately 13,000 kg. Based on a germanium price assumption of US$6,000/kg, the project could generate roughly US$78 million in annual by-product revenue, significantly enhancing the economics of the Empire State zinc operation.

1 hour ago

Common.Time.hoursAgo

【SMM Flash】Germanium Mining Advances Germanium-Silver-Zinc Exploration at Lac du Km 35 Project in Québec

Germanium Mining has completed a Time Domain Electromagnetic (TDEM) ground survey and commenced an airborne magnetic survey at its wholly owned Lac du Km 35 property in Québec, Canada. The company is targeting germanium-silver-zinc mineralization within the project area and expects final airborne survey results by mid-July 2026. The survey covers an area surrounding the Laganière showing and several historic geophysical anomalies, with the objective of identifying new conductive zones that may host critical metal mineralization. Sampling at the Laganière showing has returned approximately 186 ppm germanium, representing one of the highest-grade germanium occurrences reported in Québec. Germanium Mining plans to conduct additional mapping and sampling before launching an initial diamond drilling program in early 2027, consisting of approximately six to ten drill holes totaling around 2,500 metres.

Common.Time.hoursAgo