TSX:IVNMetals and Mining
Does Kamoa-Kakula’s New Copper Smelter Shift The Bull Case For Ivanhoe Mines (TSX:IVN)?
Ivanhoe Mines has reported first production of copper anodes from the Kamoa-Kakula smelter in the Democratic Republic of Congo, now Africa’s largest copper smelter with a capacity of 500,000 tonnes per year.
This milestone is expected to lift operating efficiency by cutting logistics costs and creating new revenue from by-product sulphuric acid, while planned destocking of on-site concentrate should support higher copper sales in 2026 than mine production alone.
We’ll now examine how...