Copper output starts at Katanga Mining's mine in DRC

Published: Dec 13, 2017 10:30 (GMT+8)
Katanga Mining's Kamoto Copper has produced a first batch of copper cathode at its copper cobalt mine in the Democratic Republic of the Congo.

SHANGHAI, Dec 13 (SMM)-Kamoto Copper has produced a first batch of copper cathode at its copper cobalt mine in the Democratic Republic of the Congo following a pilot run of its first production line at the newly-built ore leaching plant.

Copper output is expected to reach 300,000 mt by 2020, from 150,000 mt in 2018, whereas cobalt production is expected to hit 32,000-34,000 mt in 2020, from 11,000 mt next year, according to its parent company Katanga Mining Limited.

 


The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

 

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
【Flash | Indium-Containing Solder Targets Large HPC Packages】
1 hour ago
【Flash | Indium-Containing Solder Targets Large HPC Packages】
Read More
【Flash | Indium-Containing Solder Targets Large HPC Packages】
【Flash | Indium-Containing Solder Targets Large HPC Packages】
Indium Corporation will present its DFLT bismuth-free, indium-containing low-temperature solder for large BGA assemblies at IMAPS Symposium 2026, which opens September 29. The dual-powder solder supports step soldering, hot-bar soldering, rework and board-level assembly, with peak reflow temperatures as low as 210°C. The company said DFLT can mitigate warpage-related defects and improve drop-shock and electromigration performance versus BiSnAg alloys, with overall performance comparable to or exceeding SAC305. Indium content, customer qualification and commercial shipment volumes were not disclosed.
1 hour ago
Cost support remains, pre-holiday demand mediocre [ADC12 Price Daily Review]
1 hour ago
Cost support remains, pre-holiday demand mediocre [ADC12 Price Daily Review]
Read More
Cost support remains, pre-holiday demand mediocre [ADC12 Price Daily Review]
Cost support remains, pre-holiday demand mediocre [ADC12 Price Daily Review]
[ADC12 price daily review: Cost support remains, pre-holiday demand mediocre] The ADC12 spot market continued to operate steadily overall today, with SMM ADC12 price holding steady at 24,500 yuan/mt from the previous trading day.
1 hour ago
Xiamen Tungsten: Plans to launch a restricted stock incentive plan of 22.3268 million shares
2 hours ago
Xiamen Tungsten: Plans to launch a restricted stock incentive plan of 22.3268 million shares
Read More
Xiamen Tungsten: Plans to launch a restricted stock incentive plan of 22.3268 million shares
Xiamen Tungsten: Plans to launch a restricted stock incentive plan of 22.3268 million shares
Xiamen Tungsten (600549.SH) announced that the company has released the draft of its 2026 restricted stock incentive plan, under which it plans to grant 22.3268 million restricted shares to 1,011 incentive recipients, accounting for 1.4063% of the company's total share capital, at a grant price of 24.99 yuan per share. The incentive recipients include 8 directors and senior executives of the company, as well as 1,003 management and technical backbone staff. This incentive plan does not set aside reserved equity, and the shares will come from A-share common stock to be issued by the company through a private placement. The performance assessment period is 2026-2028, and the assessment indicators include earnings per share, net profit growth rate, and R&D expense growth rate.
2 hours ago