Zijin, CITIC signs Kamoa copper concs, blister evergreen offtake deal

Two Chinese investors into Kamoa Kakula copper mine in the Democratic Republic of Congo (DRC) have signed offtake agreements for phase 1 output, operator Ivanhoe Mines said on Wednesday June 9.

CITIC Metal (HK) Limited and Zijin Mining's subsidiary Gold Mountains (HK) International Mining Co will each have access to 50% of Kamoa Kakula's copper concentrate and blister copper, Ivanhoe said

The offtake agreement of the 57% copper concentrate is based on "standard, international...


Julian Luk

June 09, 2021

15:07 GMT