Focusing on Copper and Cobalt Industry Development: SMM Visited Hituru Mining Co., Ltd.

Published: Apr 29, 2026 09:09

On April 17, Ye Jianhua, Director and Supervisor of the Industry Research Department of SMM Information & Technology Co., Ltd. (SMM), Feng Chundi, Expert of the Industry Research Department of SMM, and Wu Tao, Overseas Marketing Manager of SMM's Copper and Tin Division, visited Shituru Mining Corporation S.A.S. (SMCO) for an on-site survey and exchange. SMCO's relevant management extended a warm reception.

During the exchange, the two sides engaged in in-depth discussions on practical operational issues including copper-cobalt mine production and operations outside China, process technology optimization, stable capacity release, and responses to raw material and finished product market fluctuations. Meanwhile, both parties conducted thorough exchanges on topics such as overseas mining project operation and management, production risk prevention and control, market trend analysis, industrial synergistic development, and new energy metal market opportunities. This on-site exchange effectively enhanced both parties' understanding of the current industry landscape and overseas mine operations, laying a solid foundation for continued industry exchanges and deepened industrial collaboration going forward.

Introduction to Shituru Mining Corporation S.A.S.

Shituru Mining Corporation S.A.S. (SMCO) is located in Likasi, a major mining hub in the Haut-Katanga Province of the DRC. It is a large-scale, modern overseas mining enterprise controlled by Pengxin Global Resources Co., Ltd. (stock code: 600490.SH), a publicly listed firm on China's A-share market.

Since commencing production in 2012, SMCO has established and refined a comprehensive industry chain integrating copper and cobalt ore mining, mineral processing, and hydrometallurgy, leveraging the world-class Shituru copper mine resources. The company has adopted the internationally advanced "Leaching-Solvent Extraction-Electrodeposition" (SX-EW) process and operates fully automated production lines covering the entire process of ore crushing, grinding, classification, leaching, solvent extraction, and electrodeposition, with a capacity of tens of thousands of metric tons of high-grade copper and cobalt products annually. Its core products include high-purity copper cathode meeting the London Metal Exchange (LME) Grade A delivery standards, as well as cobalt hydroxide product lines that have been constructed and put into production in recent years in response to the expanding demand from the new energy market. As a commercially operated mining entity of significant scale, SMCO strictly adheres to industry technical standards in its production. The metal raw materials it produces are widely supplied to the global market and serve as indispensable upstream materials in modern industrial chains including NEV power batteries, consumer electronics, power cables, construction piping, and high-end equipment manufacturing.


Scheduled to be held on September 15–16, 2026 in Lusaka, Zambia. You are cordially invited to participate!

Conference Contact:

Wu Tao: 18270916376

jennywu@smm.cn

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.

Images in this article contain AI-translated captions for reference only.

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
Copper Inventories Decline in China's Major Regions Amid Low Arrivals and Strong Demand
16 mins ago
Copper Inventories Decline in China's Major Regions Amid Low Arrivals and Strong Demand
Read More
Copper Inventories Decline in China's Major Regions Amid Low Arrivals and Strong Demand
Copper Inventories Decline in China's Major Regions Amid Low Arrivals and Strong Demand
【SMM Copper Inventory Flash】In China's major regions, copper cathode inventories continued the destocking trend MoM. In the Shanghai market, arrivals of imported and domestic copper remained low, persistently driving down inventories. In the Jiangsu region, limited supply of arrivals, coupled with accelerated downstream warehouse withdrawals, pushed inventories down in tandem. Ahead of the Dragon Boat Festival, end-user stockpiling sentiment in Guangdong was sluggish, leading to a slight inventory buildup in the region.
16 mins ago
Copper Cathode Rod Producers Maintain Output Despite Dragon Boat Festival; Operating Rate to Drop 1.95% WoW
21 mins ago
Copper Cathode Rod Producers Maintain Output Despite Dragon Boat Festival; Operating Rate to Drop 1.95% WoW
Read More
Copper Cathode Rod Producers Maintain Output Despite Dragon Boat Festival; Operating Rate to Drop 1.95% WoW
Copper Cathode Rod Producers Maintain Output Despite Dragon Boat Festival; Operating Rate to Drop 1.95% WoW
【SMM Copper Cathode Rod Flash】Although the Dragon Boat Festival is approaching, most copper cathode rod enterprises maintain normal production. SMM expects the industry operating rate to pull back 1.95 percentage points WoW next week.
21 mins ago
Copper Prices Rise, Inventory Trends Diverge Amid Slower Order Growth and Reduced Raw Material Procurement
25 mins ago
Copper Prices Rise, Inventory Trends Diverge Amid Slower Order Growth and Reduced Raw Material Procurement
Read More
Copper Prices Rise, Inventory Trends Diverge Amid Slower Order Growth and Reduced Raw Material Procurement
Copper Prices Rise, Inventory Trends Diverge Amid Slower Order Growth and Reduced Raw Material Procurement
【SMM Copper Express】This week, copper cathode rod enterprises' inventories showed a divergent trend: copper prices edged up and order growth was insufficient, prompting enterprises to reduce raw material procurement, and raw material inventories fell WoW; the pace of end-user cargo pick-up slowed, and finished product inventories edged up WoW.
25 mins ago