US-based Virtus and Indian partner to restart Congo copper miner Chemaf in 2027

Published: Apr 22, 2026 00:00

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A senior official from the mining union in the Democratic Republic of the Congo revealed that U.S. company Virtus Minerals and its Indian partner Lloyds Metals & Energy plan to fully restart production at Chemaf, a copper and cobalt mining firm in the DRC, in January 2027 following the completion of the Washington-backed acquisition. The joint venture stated that it would retain the existing workforce and resume production as soon as possible. It also informed employees that production at Chemaf’s only currently operating mine in Lubumbashi would be temporarily suspended for up to two months for maintenance, while construction work in both Kolwezi and Lubumbashi would be accelerated, with the goal of launching simultaneous full production at the two sites in January 2027.

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