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

Published: Jul 9, 2026 09:26

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
Shanghai Zinc: Some suppliers raised their quotes, but transactions saw no significant improvement [SMM Midday Review]
Common.Time.minsAgo
Shanghai Zinc: Some suppliers raised their quotes, but transactions saw no significant improvement [SMM Midday Review]
Read More
Shanghai Zinc: Some suppliers raised their quotes, but transactions saw no significant improvement [SMM Midday Review]
Shanghai Zinc: Some suppliers raised their quotes, but transactions saw no significant improvement [SMM Midday Review]
[Shanghai Zinc: Some Suppliers Raised Quotes, Transactions Did Not Improve Significantly] Today, #0 zinc mainstream transaction prices were mainly concentrated in the range of 24400-24610 yuan/mt, Shuangyan mainstream transactions were at 24550-24750 yuan/mt, and #1 zinc mainstream transactions were at 24330-24540 yuan/mt. In the morning session, quotes against the SMM average price were at a premium of 10-20 yuan/mt, with no quotes against the contract yet...
Common.Time.minsAgo
Ningbo Zinc: Market Traders Offer Few Quotes, Downstream Enterprises Purchase as Needed [SMM Midday Commentary]
Common.Time.minsAgo
Ningbo Zinc: Market Traders Offer Few Quotes, Downstream Enterprises Purchase as Needed [SMM Midday Commentary]
Read More
Ningbo Zinc: Market Traders Offer Few Quotes, Downstream Enterprises Purchase as Needed [SMM Midday Commentary]
Ningbo Zinc: Market Traders Offer Few Quotes, Downstream Enterprises Purchase as Needed [SMM Midday Commentary]
[Ningbo Zinc: Few Quotes from Traders in the Market, Downstream Enterprises Purchase as Needed] The traded price of mainstream 0# zinc in Ningbo is around 24,430-24,610 yuan/mt, conventional brands in Ningbo are quoted at a discount of 20 yuan/mt against the 2608 contract and at a premium of 40 yuan/mt against Shanghai spot zinc, and mainstream quotes in Ningbo are against the 2608 contract.
Common.Time.minsAgo
Guangdong Zinc: Zinc Price Center Declines, Market Transactions Improve Slightly [SMM Midday Review]
1 hour ago
Guangdong Zinc: Zinc Price Center Declines, Market Transactions Improve Slightly [SMM Midday Review]
Read More
Guangdong Zinc: Zinc Price Center Declines, Market Transactions Improve Slightly [SMM Midday Review]
Guangdong Zinc: Zinc Price Center Declines, Market Transactions Improve Slightly [SMM Midday Review]
[Guangdong Zinc: Zinc Price Center Moving Lower, Market Transactions Slightly Improved] Guangdong 0# zinc traded mainly at 24,355-24,565 yuan/mt, with mainstream brands quoted at a discount of 95-85 yuan/mt against the 2608 contract, a discount of 25 yuan/mt against Shanghai spot, Shanghai-Guangdong price spread widened...
1 hour ago
Ivanhoe Mines reported that its Kipushi zinc mine in the Democratic Re - Shanghai Metals Market (SMM)